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2020-12-22 00:00:00
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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
Monetary Authority of Singapore (MAS)
Annual reports CSR report 2019
Annual report 2019
Ownership
listed on Singapore Stock Exchange (SGX)

DBS' complete shareholder structure can be accessed here.

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

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Policy Assessments

Banks, climate and energy

Bank policy scores on fossil fuel financing

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
8.5
8.5
0
Singapore
Profile
Laggard
8.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 8.5 points out of 200

1.5 points out of 120 for oil and gas policy.

7 points out of 80 for coal policy.

See: Banking on Climate Change - policy scores

Explanation

A bank can obtain a total of 200 policy points for its overall fossil fuel policies; 120 possible points for oil and gas policies and 80 possible points for coal policies. Based on this score banks are then classified as laggards (0-50 points), followers (50.5-100 points), front runners (100.5-150 points) or leaders (150.5-200 points).

For more details see this page.

Bank policy scores on fossil fuel expansion

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
6
6
0
Singapore
Profile
Laggard
6
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 6 points out of 89

2 points for a weak exclusion of coal mining projects: DBS prohibits financing for greenfield thermal coal mines.

4 points for a moderate exclusion of coal power projects: DBS prohibits financing for new coal-fired power plants.

See: Banking on Climate Change - policy scores

Relevant policies
csr policiesprivate
2019-09-30 00:00:00

Our approach to responsible financing out of date

2019-09-30 00:00:00
Explanation

The scores for a bank's policies restricting expansion of fossil fuels - in each area, prohibitions against financing projects and/or companies expanding that area - are aggregated into a fossil fuel expansion policy score.

The point-based policy ranking for fossil fuel expansion consists of the following distribution:

  • Coal mining: 14 points​
  • Coal power: 14 points
  • Other coal: 7 points
  • Tar sands: 9 points
  • Arctic oil and gas: 9 points
  • Offshore oil and gas: 9 points
  • Fracked oil and gas: 9 points
  • LNG: 9 points
  • Other oil and gas: 9 points

A bank can obtain a total of 89 policy points for its fossil fuel expansion policy. Based on this score, banks are then classified as laggards (0-22.25 points), followers (22.25-44.5 points), front runners (44.5-66.75 points) or leaders (66.75-89 points).

For more details see this page.

Bank policy scores on oil and gas financing

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
1.5
1.5
0
Singapore
Profile
Laggard
1.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 1.5 points out of 120

0.5 point out of 20 for offshore oil and gas policy: see here.

0.5 point out of 20 for fracked oil and gas policy: see here.

0.5 point out of 20 for other/conventional oil and gas: see here.

See: Banking on Climate Change - policy scores

Explanation

For each of the six subsectors, 20 possible policy points can be obtained, so a bank can obtain a total of 120 policy points for its oil and gas policies. Based on this score banks are then classified as laggards (0-30 points), followers (30.5-60 points), front runners (60.5-90 points) or leaders (90.5-120 points).

For more details see this page.

Bank policy scores on tar sands

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0
0
0
Singapore
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 20

See: Banking on Climate Change - policy scores

Explanation

The point-based policy ranking above assesses bank policies in four ways:

 1) Restriction on direct financing for tar sands projects.

  • None (0), weak exclusion (1.5), moderate exclusion (3), strong exclusion (4)

2) Restriction on financing for companies that expand tar sands.

  • None (0), weak exclusion (3), strong exclusion (5)

3) The bank’s commitment to phase-out financing for tar sands.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in tar sands above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its tar sands policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points). 

For more details see this page.

Bank policy scores on Arctic oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0
0
0
Singapore
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 20

See: Banking on Climate Change - policy scores

Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for Arctic oil and gas projects.

  • None (0), weak exclusion (1.5), moderate exclusion (3), strong exclusion (4)

2) Restriction on financing for companies that expand Arctic oil and gas. 

  • None (0), weak exclusion (3), strong exclusion (5)

3) The bank’s commitment to phase-out financing for Arctic oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in Arctic oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its Arctic oil and gas policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on offshore oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0.5
0.5
0
Singapore
Profile
Laggard
0.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0.5 point out of 20

0.5 point for enhanced due diligence regarding offshore oil and gas companies: DBS has an enhanced due diligence procedure for customers whose operations include deepwater drilling. 

See: Banking on Climate Change - policy scores

Relevant policies
csr policiesprivate
2019-09-30 00:00:00

Our approach to responsible financing out of date

2019-09-30 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for offshore oil and gas projects.

  • None (0), weak exclusion (1.5), strong exclusion (4)

2) Restriction on financing for companies that expand offshore oil and gas.

  • None (0), weak exclusion (3), strong exclusion (5)

3) The bank’s commitment to phase-out financing for offshore oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in offshore oil and gas above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its offshore oil and gas policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on fracked oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0.5
0.5
0
Singapore
Profile
Laggard
0.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0.5 point out of 20

0.5 point for enhanced due diligence regarding fracked oil and gas companies: DBS has an enhanced due diligence procedure for customers whose activities include "exploration and production of assets such as shale oil and shale gas, which may involve the use of hydraulic fracturing."

See: Banking on Climate Change - policy scores 

Relevant policies
csr policiesprivate
2019-09-30 00:00:00

Our approach to responsible financing out of date

2019-09-30 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for fracked oil and gas projects.

  • None (0), weak exclusion (1.5), moderate exclusion (3), strong exclusion (4)

2) Restriction on financing for companies that expand oil and gas fracking.

  • None (0), weak exclusion (3), strong exclusion (5)

3) The bank’s commitment to phase-out financing for oil and gas fracking.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in oil and gas fracking above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its fracking policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on LNG

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0
0
0
Singapore
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 20

See: Banking on Climate Change - policy scores

Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for LNG projects.

  • None (0), weak exclusion (1.5), strong exclusion (4)

2) Restriction on financing for companies that expand LNG.

  • None (0), weak exclusion (3), strong exclusion (5)

3) The bank’s commitment to phase-out financing for LNG.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in LNG above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its LNG policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on other/conventional oil and gas

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0.5
0.5
0
Singapore
Profile
Laggard
0.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0.5 point out of 20

0.5 point for enhanced due diligence/Equator Principles commitment regarding other/conventional oil and gas companies: DBS is a signatory to the Equator Principles.

See: Banking on Climate Change - policy scores

Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for other/conventional oil and gas projects.

  • None (0), weak exclusion (1.5), strong exclusion (4)

2) Restriction on financing for companies that expand other/conventional oil and gas. 

  • None (0), weak exclusion (3), strong exclusion (5)

3) The bank’s commitment to phase-out financing for other/conventional oil and gas.

  • None (0), reduction (1.5), weak phase-out (3), strong phase-out (5)

4) The bank’s commitment to exclude companies active in other/conventional oil and gas above a certain threshold.

  • None (0), enhanced due diligence/Equator Principles commitment (0.5), weak exclusion threshold (2), strong exclusion threshold (5), full exclusion (6)

A bank can obtain a total of 20 policy points for its other/conventional oil and gas policy. Based on this score banks are then classified as laggards (0-5 points), followers (5.5-10 points), front runners (10.5-15 points) or leaders (15.5-20 points).

For more details see this page.

Bank policy scores on coal financing

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
7
7
0
Singapore
Profile
Laggard
7
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 7 points out of 80

2.5 points out of 32 for coal mining policy: see here.

4.5 points out of 32 for coal power policy: see here.

See: Banking on Climate Change - policy scores

Explanation

For both coal mining and coal power, 32 possible policy points can be obtained, while for other coal,16 possible policy points can be obtained. So a bank can obtain a total of 80 policy points for its coal policies. Based on this score banks are then classified as laggards (0-20 points), followers (20.5-40 points), front runners (40.5-60 points) or leaders (60.5-80 points).

For more details see this page.

Bank policy scores on coal mining

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
2.5
2.5
0
Singapore
Profile
Laggard
2.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 2.5 points out of 32

2 points for a weak exclusion of coal mining projects: DBS prohibits financing for greenfield thermal coal mines.

0.5 point for enhanced due diligence: DBS performs enhanced due diligence on coal mining companies by checking for a diversification strategy.

See: Banking on Climate Change - policy scores

Relevant policies
csr policiesprivate
2019-09-30 00:00:00

Our approach to responsible financing out of date

2019-09-30 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal mining projects.

  • None (0), mountaintop removal mining exclusion (0.5), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal mining.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal mining.

  • None (0), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal mining above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal mining policy. Based on this score banks are then classified as laggards (0-8 points), followers (8.5-16 points), front runners (16.5-24 points) or leaders (24.5-32 points).

For more details see this page.

Bank policy scores on coal power

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
4.5
4.5
0
Singapore
Profile
Laggard
4.5
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 4.5 points out of 32

4 points for a moderate exclusion of coal power projects: DBS prohibits financing for new coal-fired power plants.

0.5 point for enhanced due diligence regarding coal power companies: DBS performs enhanced due diligence on coal power companies by checking for a diversification strategy.

See: Banking on Climate Change - policy scores

Relevant policies
csr policiesprivate
2019-09-30 00:00:00

Our approach to responsible financing out of date

2019-09-30 00:00:00
Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal power projects.

  • None (0), weak exclusion (2), moderate exclusion (4), strong exclusion (6)

2) Restriction on financing for companies that expand coal power.

  • None (0), weak exclusion (4), strong exclusion (8)

3) The bank’s commitment to phase-out financing for coal power.

  • None (0), proportional reduction (1), exposure reduction (1.5), financing reduction (3), weak phase-out (4), moderate phase-out (6), strong phase-out (8)

4) The bank’s commitment to exclude companies active in coal power above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (3), moderate exclusion threshold (5), strong exclusion threshold (8), full exclusion (10)

A bank can obtain a total of 32 policy points for its coal power policy. Based on this score banks are then classified as laggards (0-8 points), followers (8.5-16 points), front runners (16.5-24 points) or leaders (24.5-32 points).

For more details see this page.

Bank policy scores on coal infrastructure

BankLast update
Country
Details
Laggard
Follower
Front runner
Leader
DBS Bank
2020-03-01
SGP
0
0
0
Singapore
Profile
Laggard
0
Follower
Front runner
Leader
1583017200
Last update: 2020-03-01
Explanation

Total: 0 points out of 20

See: Banking on Climate Change - policy scores

Explanation

The point-based policy ranking assesses bank policies in four ways:

1) Restriction on direct financing for coal infrastructure projects.

  • None (0), weak exclusion (1), strong exclusion (3)

2) Restriction on financing for companies that expand coal infrastructure.

  • None (0), weak exclusion (2), strong exclusion (4)

3) The bank’s commitment to phase-out financing for coal infrastructure.

  • None (0), exposure reduction (1), weak phase-out (2), strong phase-out (4)

4) The bank’s commitment to exclude companies active in coal infrastructure above a certain threshold.

  • None (0), enhanced due diligence (0.5), weak exclusion threshold (2), strong exclusion threshold (4), full exclusion (5)

A bank can obtain a total of 16 policy points for its coal infrastructure policy. Based on this score banks are then classified as laggards (0-4 points), followers (4.5-8 points), front runners (8.5-12 points) or leaders (12.5-16 points)

For more details see this page.

News

| |
Type:
Year:
blog
external news
our news

New report profiles major brands and banks driving deforestation and human rights abuses, failing to meet 2020 commitments

2020-03-31 | San Francisco | Rainforest Action Network
blog
external news
our news

Global finance sector failing to apply conservation criteria to pulp and paper funding

2020-03-21 | New York/Amsterdam | Environmental Paper Network
blog
external news
our news

DBS to adopt the Equator Principles

2019-11-18 | DBS Press release
blog
external news
our news

DBS gambles on coal, as scrutiny arrives at its AGM

2019-04-25 | Market Forces
blog
external news
our news

Analysis: Singapore banks signal an end to new coal financing

2019-04-18 | Market Forces
blog
external news
our news

Every two weeks a bank, insurer or lender announces new coal restrictions

Major financial institutions restricting coal funding tops 100
2019-02-27 | IEEFA
blog
external news
our news

NGOs urge DBS: Pull out of ‘risky’ Indonesian coal power deal

As financial close approaches for a 2,000 MW coal-fired power station in Java, NGOs say Southeast Asia’s largest bank should pull out of a project that is polluting and financially risky. Meanwhile a new study has found that every two weeks another financial institution drops coal.
2019-02-26 | Eco-Business
blog
external news
our news

Gunvor joins other commodity players with sustainability-linked loan led by ING

Participating banks in the Gunvor facility include ABN Amro, CA Indosuez, Credit Suisse, DBS Bank, KfW Ipex-Bank, Mizuho, MUFG Bank, Nedbank, Rabobank, Raiffeisen, Société Générale, Sumitomo Mitsui Trust Bank and UniCredit.
2018-10-17 | Global Trade Review
blog
external news
our news

Major banks are failing Vietnam by violating Equator Principles commitments in financing coal power projects

2018-10-11 | Market Forces
blog
external news
our news

Singapore banks need to warm up to renewable energy financing

2018-10-09 | The Business Times
blog
external news
our news

Liberian communities harassed after calling on banks to halt $1.5 billion loan to Wilmar over landgrabbing concerns

2018-07-26 | Inclusive Development International
blog
external news
our news

Local NGOs push Singapore banks on coal: Stop using our money to fuel climate change

2018-07-12 | Eco-Business
blog
external news
our news

DBS’ Coal Policy fails to deliver change

2018-02-22 | Market Forces
blog
external news
our news

Global coalition petitions to end fossil power in Vietnam as deadly future looms

2018-02-09 | VnExpress
blog
external news
our news

Open letter calling on DBS, OCBC and UOB to take action on climate change

2018-02-07
blog
external news
our news

DBS is first Asian bank to launch climate policy—but it’s still funding coal

2018-02-02 | Eco-Business
blog
external news
our news

Singapore banks DBS, OCBC and UOB funding coal projects despite climate risks: Study

2018-01-20 | The Strait Times
blog
external news
our news

Singaporean banks blowing smoke on climate

2018-01-10 | Melbourne | Market Forces
blog
external news
our news

Singapore has declared 2018 the year of climate action—so why are its banks still funding coal?

2018-01-10 | Eco-business
blog
external news
our news

New report: Towards responsible and inclusive financing of the palm oil sector

2017-11-15 | Center for International Forestry Research (CIFOR), Profundo
blog
external news
our news

Divesting from fossil fuels will take time: DBS sustainability chief

2017-09-02 | Eco-Business
blog
external news
our news

Divesting from fossil fuels will take time: DBS sustainability chief

2017-09-02 | Eco-Business
blog
external news
our news

DBS drops out of Vinh Tan 3 coal-fired bank syndicate

2017-07-18 | IJGlobal
blog
external news
our news

New report linking Nordic banks and government pension funds to Indonesia’s palm oil deforestation

Nordic investments to Asian banks support rapacious palm oil producers with financing that impedes push for sustainability
2017-05-30 | Oslo, Norway | Fair Finance Guide Norway, Fair Finance Guide Sweden, Rainforest Foundation Norway
blog
external news
our news

BankTrack condemns Japanese and Singapore bank financing of Batang coal project in Indonesia as reckless to people and climate

2016-06-06 | Nijmegen, The Netherlands | BankTrack
blog
external news
our news

Adani arm to raise  $1.5 bn in overseas debt in 2014

2014-05-08 | India | Live Mint

Documents

Type:
Year:
ngo documents
2020-11-19 00:00:00

Letter to banks and investors on Indofood labor exploitation

2020-11-19 00:00:00 | Rainforest Action Network
csr policies
2020-09-30 00:00:00

Responsible finance policy

2020-09-30 00:00:00 | DBS
annual reports
2020-07-01 00:00:00

CSR report 2019

2020-07-01 00:00:00 | DBS
csr policies
2020-06-30 00:00:00

Sustainable & Transition Finance Framework & Taxonomy

2020-06-30 00:00:00 | DBS
annual reports
2020-05-19 00:00:00

Annual report 2019

2020-05-19 00:00:00 | DBS
csr policies
2019-12-18 00:00:00

Our approach to the palm oil sector

Date listed represents date as accessed on website
2019-12-18 00:00:00 | DBS
annual reports
2019-06-24 00:00:00

Sustainability report 2018

2019-06-24 00:00:00 | DBS
csr policies
2019-04-24 00:00:00

Statement on financing new coal-fired power plants

2019-04-24 00:00:00 | DBS
annual reports
2019-04-16 00:00:00

Annual report 2018

2019-04-16 00:00:00 | DBS
csr policies
2019-03-05 00:00:00

Modern slavery statement 2018

2019-03-05 00:00:00 | DBS
csr policies
2019-02-11 00:00:00

Code of conduct

2019-02-11 00:00:00 | DBS
ngo documents
2018-12-10 00:00:00

Bank Policy Matrix

2018-12-10 00:00:00 | Forests & Finance Coalition
csr policies
2018-06-01 00:00:00

Guidelines on responsible finance

2018-06-01 00:00:00 | Association of Banks in Singapore
annual reports
2018-03-31 00:00:00

Annual report 2017

2018-03-31 00:00:00 | DBS
correspondence
2018-02-07 00:00:00

Letter from various civil society organisations to DBS, OCBC and UOB on climate change action

Open letter calling on DBS, OCBC and UOB to take action on climate change
2018-02-07 00:00:00 | various civil society organisations
csr policies
2018-01-26 00:00:00

Sustainable commitments on climate change

2018-01-26 00:00:00 | DBS
annual reports
2017-12-31 00:00:00

Sustainability report 2017

2017-12-31 00:00:00 | DBS
ngo documents
2017-11-30 00:00:00

Major international banks continue to finance palm oil company Indofood despite evidence of systemic labor abuses

Forest & Finance Briefing
2017-11-30 00:00:00 | RAN, TuK Indonesia & Profundo
ngo documents
2017-11-30 00:00:00

The human cost of conflict palm oil - revisited

How PepsiCo, Banks and the Roundtable on Sustainable Palm Oil perpetuate Indofood's worker exploitation
2017-11-30 00:00:00 | RAN, OPPUK & International Labor Rights Forum
annual reports
2017-07-31 00:00:00

Annual report 2016

2017-07-31 00:00:00 | DBS
annual reports
2017-07-31 00:00:00

Sustainability report 2016

2017-07-31 00:00:00 | DBS
ngo documents
2017-06-13 00:00:00

Japanese and Malaysian banks and investors continue to pump billions of dollars into forest-risk companies, without adequate environmental and social safeguards

2017-06-13 00:00:00 | RAN, TuK Indonesia & Profundo
ngo documents
2017-05-30 00:00:00

Nordic investments in banks financing Indonesian palm oil

2017-05-30 00:00:00 | Rainforest Foundation Norway, FFG Sweden and FFG Norway
ngo documents
2017-01-17 00:00:00

Dirty Bankers

How HSBC is financing forest destruction for palm oil
2017-01-17 00:00:00 | Greenpeace
ngo documents
2016-11-07 00:00:00

Protecting the Leuser Ecosystem

A Shared Responsibility
2016-11-07 00:00:00 | Rainforest Action Network
annual reports
2015-07-02 00:00:00

Annual Report 2014

2015-07-02 00:00:00 | DBS Group
annual reports
2015-07-02 00:00:00

Annual Report 2013

2015-07-02 00:00:00 | DBS Group
ngo documents
2015-02-16 00:00:00

Kuasa Taipan Kelapa sawit di Indonesia

in Bahasa Indonesia
2015-02-16 00:00:00 | TuK, Profundo
ngo documents
2015-02-16 00:00:00

Tycoon-controlled oil palm groups in Indonesia - Executive Summary

2015-02-16 00:00:00 | TuK, Profundo
ngo documents
2012-06-20 00:00:00

Worldwide investments in Cluster munitions, a shared responsibility

2012-06-20 00:00:00 | IKV Pax Christi & FairFin

Links

Sustainability page

https://www.dbs.com/sustainability/default.page

EPN assessment of policies against 14 minimum criteria - DBS Bank

Environmental Paper Network (EPN) evaluated the policies of 68 major financiers of the pulp and paper industry against 14 absolute minimum criteria that all financial institutions should require their clients, investments and business partners to respect in order to reduce social and environmental risks.

https://environmentalpaper.org/dbs-bank/

Policies

Voluntary initiatives

DBS has committed itself to the following voluntary standards:
  • ABS Guidelines on Responsible Financing
  • Carbon Disclosure Project
  • Dow Jones Sustainability Indices
  • Equator Principles
  • FTSE4Good Supply Chain Labour Standards Criteria
  • Global Reporting Initiative
  • Task Force on Climate-related Financial Disclosures
  • United for Wildlife Financial Taskforce
  • United Nations Global Compact
  • World Business Council for Sustainable Development

Investment policies

DBS' web page on sustainability can be accessed here.

Year:
csr policies
2020-09-30 00:00:00

Responsible finance policy

2020-09-30 00:00:00 | DBS
csr policies
2020-06-30 00:00:00

Sustainable & Transition Finance Framework & Taxonomy

2020-06-30 00:00:00 | DBS
csr policies
2019-12-18 00:00:00

Our approach to the palm oil sector

Date listed represents date as accessed on website
2019-12-18 00:00:00 | DBS
csr policies
2019-04-24 00:00:00

Statement on financing new coal-fired power plants

2019-04-24 00:00:00 | DBS
csr policies
2019-03-05 00:00:00

Modern slavery statement 2018

2019-03-05 00:00:00 | DBS
csr policies
2019-02-11 00:00:00

Code of conduct

2019-02-11 00:00:00 | DBS
csr policies
2018-06-01 00:00:00

Guidelines on responsible finance

2018-06-01 00:00:00 | Association of Banks in Singapore
csr policies
2018-01-26 00:00:00

Sustainable commitments on climate change

2018-01-26 00:00:00 | DBS

Equator Principles

Implementation and reporting

Contact and complaints

Equator Principles Dodgy Deals

Projects

on record

Batang Coal Power Project Indonesia

Coal Electric Power Generation

Good moves

Year:
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