blog
external news
our news
DBSSingapore
Active
This profile is actively maintainedCreated before Nov 2016
Last update: 2022-11-01 16:22:21
Send feedback on this profile
Download as PDF
Share this page:
DBS Bank head office in Singapore. Photo: Geoff Whalan (CC License BY-NC-ND 2.0)About DBS
Development Bank of Singapore (DBS) is headquartered in Singapore and operates all over Asia. It was established in 1968 and currently has one of the strongest capital positions in the region. It is involved in the following sectors: retail banking, capital markets, foreign exchange and derivatives, money market and securities trading to corporations and financial institutions.
| Website | http://www.dbs.com/ |
| Headquarters |
12 Marina Boulevard, Marina Bay Financial Centre Tower 3, Level 3
018992
Singapore
|
| CEO/chair |
Piyush Gupta Chief Executive Officer |
| Supervisor | |
| Annual reports |
Annual report 2021 CSR report 2021 |
| Ownership |
listed on Singapore Stock Exchange (SGX)
DBS' complete shareholder structure can be accessed here. |
| Complaints and grievances |
DBS does not operate a complaints or grievances channel for individuals or communities that might have been affected by the bank's finance. |
Related Dodgy Deals
DBS has been linked to the following "Dodgy Deals", e.g. as a current or past financier or through an expression of interest. Find out more about dodgy deals here. See the project or company profile for more details on the nature of the bank's link to the Dodgy Deal.
Dodgy Deals map
All
|
Projects
|
Companies
Targets
|
Active profiles
|
On record profiles
Policy Assessments
Banks and Human Rights
Human Rights Benchmark Asia 2022
BankLast update
Country
Score
Ranking
Details
DBS
SGP
3
Laggard
A PHP Error was encountered
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
A PHP Error was encountered
Severity: Notice
Message: Undefined property: stdClass::$col_values
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Explanation
Laggard
Follower
Front runner
Leader
0 - 3.5 points
4 - 5.5 points
6 - 8.5 points
9 - 14 points
For more details see this page.
Banks and Nature
Forest & Finance Policy Assessment 2022: Beef
BankLast update
Country
Score
Ranking
Details
DBS Bank
2022-09-21
SGP
0.0
Laggard
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Explanation
A bank can obtain a total of 10 points for the quality of its beef policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Overall scores
BankLast update
Country
Score
Ranking
Details
DBS Bank
2022-09-21
SGP
5
Front runner
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Explanation
A bank can obtain a total of 10 points for the quality of its policies. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Forest & Finance Policy Assessment 2022: Palm Oil
BankLast update
Country
Score
Ranking
Details
DBS Bank
2022-09-21
SGP
6.2
Front runner
A PHP Error was encountered
Severity: Notice
Message: Undefined offset: 1
Filename: shared/tabletool_row.php
Line Number: 81
Backtrace:
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool_row.php
Line: 81
Function: _error_handler
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletool.php
Line: 69
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/shared/tabletools.php
Line: 7
Function: lv
File: /home/btwebhost/www/btci3/application/helpers/easy_helper.php
Line: 366
Function: view
File: /home/btwebhost/www/btci3/application/views/sections/bankprofile/main.php
Line: 173
Function: lv
File: /home/btwebhost/www/btci3/application/libraries/sections/Bankprofile.php
Line: 436
Function: view
File: /home/btwebhost/www/btci3/application/controllers/Main.php
Line: 296
Function: content
File: /home/btwebhost/www/btci3/index.php
Line: 315
Function: require_once
Explanation
A bank can obtain a total of 10 points for the quality of its palm oil policy. The total score is based on their scores per sector, weighted against their financing and investment for each sector. For further details on this see here. Based on their overall score, banks are then classified as Laggards, Followers, Front runners or Leaders, as follows:
Laggard
Follower
Front runner
Leader
0 - 1 points
1 - 4 points
4 - 7 points
7 - 10 points
For more details see this page.
Response Tracking
This page evaluates DBS's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
Impacts reviewed
Responded?
Total score
Response
Action
Monitoring
Rio Tinto's Jadar mine, Serbia (Letter, Dec 2021)
0
0
0
n/a
Response
0
Out of 1
Rationale for score
The bank did not respond. Action
0
Out of 1Rationale for score
No information available on whether the bank engaged with its client or took appropriate action. Monitoring
n/a
Rationale for score
The impact was not raised over a year ago and therefore is not scored on monitoring progress. More info
Average
0%
0
0
0
0
News
|
|
Type:
Year:
Documents
Type:
Year:
Links
Policies
Voluntary standards
DBS has committed itself to the following voluntary standards:- ABS Guidelines on Responsible Financing
- Banking for Impact
- Carbon Disclosure Project
- Dow Jones Sustainability Indices
- Equator Principles
- FTSE4Good Supply Chain Labour Standards Criteria
- Global Reporting Initiative
- Net-Zero Banking Alliance (NZBA)
- Task Force on Climate-related Financial Disclosures (TCFD)
- Taskforce on Nature-related Financial Disclosures (TNFD)
- United for Wildlife Financial Taskforce
- United Nations Global Compact
- World Business Council for Sustainable Development
Equator Principles
Implementation and reporting
Contact and complaints
Equator Principles Dodgy Deals
Good moves
Year: