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DBS Bank, officially known as Development Bank of Singapore, is a leading financial institution headquartered in Singapore. Renowned for its comprehensive range of financial intermediation services, DBS operates across key markets in Asia, delivering banking, wealth management, and corporate finance solutions. Established in 1968, the bank has grown to become one of the most prominent players in the region, recognised for its innovative digital banking platforms and customer-centric approach.
Specialising in retail, corporate, and investment banking, DBS offers unique products that blend traditional banking with cutting-edge technology, setting it apart in a competitive industry. Its strong market position is reflected in numerous awards and recognitions, underscoring its reputation as a trusted financial intermediary in Asia. With a focus on sustainable growth and digital transformation, DBS continues to shape the future of banking in the region.
77
DitchCarbon score
+40 vs industry average
Dbs Bank’s score of 77 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Financial Intermediation is among the least carbon-intensive industries
Industry performance
0.096
20182025
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Dbs Bank's reported carbon emissions
DBS Bank Carbon Emissions and Climate Commitments
DBS Bank, headquartered in Singapore and operating within the financial intermediation services sector, has reported its carbon emissions for recent years. In 2025, the bank's total emissions were approximately 76.7 million kg CO2e. This figure includes Scope 1 emissions totalling around 1.1 million kg CO2e, Scope 2 emissions (market-based) of approximately 23.6 million kg CO2e, and Scope 3 emissions amounting to about 52.0 million kg CO2e. For 2024, DBS Bank reported total emissions of roughly 81.9 million kg CO2e, with Scope 1 at approximately 1.5 million kg CO2e, Scope 2 (market-based) at about 24.9 million kg CO2e, and Scope 3 at
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Dbs Bank’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
7 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
See details
Not active
Carbon Disclosure Project
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Active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
2030 targetSee details
Active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Dbs Bank7 months ago
77
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