DBS has committed a total of $20.5 billion in sustainable financing transactions in 2021 as well, taking the bank’s cumulative efforts to $39.4 billion to date – achieving almost 80% of the bank’s $50 billion sustainability financing target by 2024.
In a bid to build on its sustainability agenda and net-zero commitment, DBS today announced that it had recently established a Board Sustainability Committee (BSC) – the first by a Singapore bank.
Recently, DBS has been an active champion of the sustainability agenda, with claims that it was the first Singapore bank to commit to zero thermal coal exposure by 2039.
