, Singapore
252 views

DBS establishes Board Sustainability Committee

It will be chaired by CEO Piyush Gupta and will consist of DBS board members.

DBS has established a Board Sustainability Committee (BSC), reportedly the first by a Singapore bank.

The BSC will provide DBS with added governance and oversight of material environmental, social and governance (ESG) matters, particularly DBS’ strategies, goals, and targets in relation to its sustainability pillars—namely, responsible banking, responsible business practices, and creating impact beyond banking.

The committee is also in charge of oversight of the bank’s sustainable development goals: climate-related matters; sustainability disclosures; stakeholder engagement; and governance on sustainability matters.

It will be chaired by DBS CEO Piyush Gupta and will consist of current DBS board members Chng Kai Fong, Judy Lee, and Tham Sai Choy.

Previously, DBS’ Board Exco had oversight of sustainability matters. 

DBS was the first Singapore bank to commit to zero thermal coal exposure by 2039. It is also the first Singapore bank to join the United Nations-convened Net-Zero Banking Alliance in 2021.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!