DBS Group Holdings Ltd

DBS Group Holdings Ltd, headquartered in Singapore and operating in Financial Intermediation Services, reported total carbon emissions of approximately 76,706,000 kg CO2e in 2025. This figure comprises 1,148,000 kg CO2e from Scope 1 emissions, 23,571,000 kg CO2e from Scope 2 (market-based), and 51,987,000 kg CO2e from Scope 3 emissions.

In 2024, the company's total carbon emissions were approximately 81,852,000 kg CO2e, with Scope 1 at 1,484,000 kg CO2e, Scope 2 (market-based) at 24,871,000 kg CO2e, and Scope 3 at 55,497,000 kg CO2e. This indicates a decrease in overall emissions between 2024 and 2025.

Looking further back, in 2022, DBS Group Holdings Ltd reported total emissions of approximately 41,569,000 kg CO2e, which included 318,000 kg CO2e from Scope 1, 16,824,000 kg CO2e from Scope 2 (market-based), and 24,427,000 kg CO2e from Scope 3.

The company has set long-term net-zero targets. For Scope 1 and Scope 2 emissions, DBS (Taiwan) is working towards a net-zero goal by 2050, aligning with the company's broader sustainability objectives. Additionally, DBS has committed to reducing its financed emissions from Oil and Gas portfolios. The target is to reduce these emissions from a 2020 baseline of 38.6 million metric tonnes CO2e to 27.7 million metric tonnes CO2e by 2030 and further to 3.0 million metric tonnes CO2e by 2050. These targets are in line with the International Energy Agency's Net Zero by 2050 scenario.