DBS

DBS is one of Asia’s leading banks, operating in the most dynamic region of the world. We are focused on leveraging digital technology to reimagine banking to provide our customers with a full range of services in consumer banking, wealth management and institutional banking. We also have a purpose beyond banking and are committed to supporting our customers, employees and the community towards a sustainable future.

Our efforts have been recognised globally, with DBS recently being named “World’s Best Bank for Corporate Responsibility” for the second time by Euromoney, a leading business and finance publication.

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Sustainability at DBS

With roots as the Development Bank of Singapore, established with the express intent to help Singapore’s industrialisation, the idea of being sustainable, being relevant to society, doing real things for real people, and therefore having a purpose, has been deeply rooted in our DNA. While we are a different kind of bank today, we have always maintained our strong sense of purpose and developed our Vision to be the Best Bank for a Better World. This means taking action now to create a more prosperous, inclusive and sustainable future for generations to come.

Because sustainability is a business imperative, our strategy is centred around embedding environmental and social considerations into the fabric of our business via three pillars: (1) Responsible Banking that seeks to empower our clients to being more sustainable and to promote greater access to essential financial services, (2) Responsible Business Practices that focuses on how we conduct ourselves as an organisation, and (3) Impact Beyond Banking that supports social enterprises and community causes, as well as employee volunteerism.

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In addition to our focus on large corporates, we doubled down on our efforts to help SMEs in their sustainability efforts and to enable them to be future-ready in a low-carbon economy. DBS, in partnership with Enterprise Singapore, became the first bank in Singapore to launch the ESG Ready Programme. The end-to-end programme aims to help local businesses – from small and medium enterprises (SMEs) to mid-size corporations – become future-ready by building capability and capacity in sustainability. Since its launch in April 2024, over 130 companies have already begun their decarbonisation journeys, including 24 who have graduated from the programme.

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Creating Impact Beyond Banking

At DBS, we are committed to creating impact beyond banking, beyond borders and beyond generations by uplifting the lives and livelihoods of vulnerable communities in Asia. The mission of DBS Foundation is to enable those in need to cope with life’s uncertainties so that they can be more socially and financially resilient by making their everyday better and every tomorrow brighter.

In 2024, DBS committed up to SGD 1 billion dollars over the next decade to support vulnerable communities. It also pledged to contribute 1.5 million employee volunteer hours over the same period.

Together with an ecosystem of like-minded partners, DBS Foundation seeks to create impact that goes beyond banking, beyond borders, and beyond generations.