DBS Bank Ltd., London Branch Sustainability Profile
DBS Bank Ltd., commonly referred to as DBS, is a leading financial institution headquartered in Singapore, with a significant branch located in London, GB. Established in 1968, DBS has evolved into a prominent player in the banking industry, offering a comprehensive range of services including retail banking, corporate banking, and wealth management. The London Branch serves as a vital hub for DBS, catering to clients across Europe and beyond. Renowned for its innovative digital banking solutions, DBS stands out with its commitment to customer-centric services and sustainable finance initiatives. The bank has consistently been recognised for its excellence, earning accolades such as "Best Digital Bank" in various industry awards. With a strong market position, DBS Bank Ltd. continues to drive growth and redefine banking experiences in a rapidly changing financial landscape.
DitchCarbon Score
How does DBS Bank Ltd., London Branch'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 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 Ltd., London Branch's score of 23 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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DBS Bank Ltd., London Branch, currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The branch is a current subsidiary of DBS Group Holdings Ltd., which may influence its climate commitments and initiatives. While there are no documented reduction targets or specific climate pledges from DBS Bank Ltd., the broader DBS Group Holdings Ltd. may have initiatives in place that could impact the London Branch. The emissions data and climate strategies are cascaded from the parent company, which is committed to sustainability and reducing its carbon footprint. As a current subsidiary, DBS Bank Ltd., London Branch aligns with the overarching goals of its parent organisation, DBS Group Holdings Ltd., which is actively involved in various climate initiatives, including participation in the CDP (Carbon Disclosure Project) at a cascade level of 2. However, specific details regarding emissions reductions or targets are not provided. In summary, while DBS Bank Ltd., London Branch does not present specific emissions data or reduction targets, it is part of a larger corporate structure that is likely engaged in climate action through its parent company. Further information may be available through DBS Group Holdings Ltd. for a comprehensive understanding of their climate commitments.
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| 2016 | 2017 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 5,703,000 | 0,000,000 | 000,000 | 0,000,000 |
| Scope 2 | 45,307,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 5,365,000 | 0,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is DBS Bank Ltd., London Branch's Industry?
How Carbon Intensive is DBS Bank Ltd., London Branch's Location?
DBS Bank Ltd., London Branch's Scope 3 Categories Breakdown
DBS Bank Ltd., London Branch's Scope 3 emissions, which increased by 69% last year and increased by approximately 947% since 2016, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 67% of total emissions under the GHG Protocol, with "Upstream Leased Assets" being the largest emissions source at 39% of Scope 3 emissions.
Top Scope 3 Categories
DBS Bank Ltd., London Branch's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
DBS Bank Ltd., London Branch has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
