Dbs Bank
DBS Bank Ltd, commonly referred to as DBS, is a leading financial services group headquartered in Singapore (SG). Established in 1968, DBS has evolved into a prominent player in the banking industry, with a strong presence across Asia, particularly in markets such as Hong Kong, China, and India. The bank offers a comprehensive range of services, including consumer banking, corporate banking, investment banking, and wealth management. Notably, DBS is recognised for its innovative digital banking solutions, which enhance customer experience and streamline financial transactions. With numerous accolades, including being named "Asia's Best Bank" by several financial publications, DBS Bank continues to solidify its market position through a commitment to sustainability and customer-centric services.
DitchCarbon Score
How does Dbs Bank's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Dbs Bank's score of 32 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dbs Bank's reported carbon emissions
In 2023, DBS Bank reported total carbon emissions of approximately 53,446,000 kg CO2e, with emissions distributed across various scopes: 582,000 kg CO2e from Scope 1, 19,712,000 kg CO2e from Scope 2 (market-based), and 33,152,000 kg CO2e from Scope 3. The bank's emissions data indicates a commitment to transparency, although specific reduction targets or initiatives have not been disclosed. DBS Bank's emissions intensity, calculated as total carbon emissions relative to revenue, was approximately 0.00936 kg CO2e per SGD in 2023. The bank has not specified any formal reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, indicating a potential area for future commitment. Overall, while DBS Bank has made strides in reporting its carbon footprint, further details on reduction strategies and commitments would enhance its climate action narrative.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 582,000 | 0,000,000 |
| Scope 2 | 19,712,000 | 00,000,000 |
| Scope 3 | 33,152,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Dbs Bank is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
