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.
+41 vs industry average
Dbs Bank’s score of 76 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Dbs Bank?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Dbs Bank's reported carbon emissions
In 2025, DBS Bank reported total carbon emissions of approximately 76.7 million kg CO2e, comprising Scope 1 emissions of about 1.15 million kg CO2e, Scope 2 emissions of approximately 23.6 million kg CO2e, and Scope 3 emissions of around 51.9 million kg CO2e. This represents a decrease from 2024, where total emissions were approximately 81.9 million kg CO2e, with Scope 1 at about 1.48 million kg CO2e, Scope 2 at approximately 24.9 million kg CO2e, and Scope 3 at around 55.5 million kg CO2e. In 2023, the total emissions were approximately 53.4 million kg CO2e, with Scope 1 emissions of about 582,000 kg CO2e, Scope 2 emissions of approximately 19.7 million kg CO2e, and Scope 3 emissions of around 33.2 million kg CO2e. DBS Bank has set ambitious climate commitments, aiming for a 47% reduction in emissions intensity by 2030 compared to a 2020 baseline, and a complete 100% reduction in emissions intensity by 2040, specifically for Scope 1 emissions. Additionally, the bank is committed to achieving net zero emissions by 2040 for its power sector, with a broader net zero commitment by 2050, alongside an interim target of a 57% reduction in emissions intensity by 2030 across all scopes. The emissions data is cascaded from DBS Group Holdings Ltd., reflecting the bank's commitment to sustainability and climate action within its corporate family.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Dbs Bank’s Climate Goals (2030 & 2050)
7 goals2030
57% reduction in all scopes
Our net zero by 2050 commitment, and interim target of a 57% emissions intensity reduction by 2030 compared to our 2020 baseline
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
See all 7 climate goals
Already have an account? Sign in now
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from DBS Group Holdings Ltd
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
View similar organisations
Dbs Bank
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project