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 has solidified its position as a market leader, committed to sustainable banking practices and community engagement.
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 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 24 is higher than 58% 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 globally, with emissions from Scope 1 at about 582,000 kg CO2e, Scope 2 at approximately 19,712,000 kg CO2e, and Scope 3 emissions reaching around 33,152,000 kg CO2e. In Singapore, the bank's emissions totalled about 37,402,000 kg CO2e, with Scope 1 emissions at approximately 217,000 kg CO2e, Scope 2 at around 16,265,000 kg CO2e, and Scope 3 at about 20,920,000 kg CO2e. DBS Bank has not disclosed specific reduction targets or initiatives related to carbon emissions, indicating a lack of formal commitments to reduce emissions through frameworks such as the Science Based Targets initiative (SBTi). However, the bank's ongoing efforts in sustainability and climate action are evident in their emissions reporting and transparency. Overall, DBS Bank's emissions data reflects its operational impact on climate change, and while specific reduction targets are not outlined, the bank's commitment to sustainability remains a focal point in its corporate strategy.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 992,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 29,751,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 13,008,000 | 00,000,000 | 00,000,000 | 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.
