Singapore, 25 October 2018: DBS Bank has today joined nearly 200 forward-thinking companies as the newest member of the World Business Council for Sustainable Development (WBCSD).
DBS Bank is the largest bank in Southeast Asia by assets and was named the world’s best bank for 2018 by Global Finance. DBS Bank has market-dominant positions in consumer banking, treasury and markets, asset management, securities brokerage, equity and debt fund-raising in Singapore and Hong Kong. DBS has a presence in 18 markets, with over 26,000 staff.
By connecting with WBCSD’s network of forward-thinking businesses across a variety of sectors, DBS Bank can make a real impact on global corporate sustainability.
Piyush Gupta, Chief Executive Officer of DBS Bank said: “We are delighted to join WBCSD and the other member companies who are part of this critical commitment to accelerating the transition to a sustainable world. WBCSD will help us to take a global perspective as well as connect with many of the companies who do business in Southeast Asia.”
WBCSD President and CEO Peter Bakker said “WBCSD is pleased to welcome DBS Bank as our newest member. We are dedicated to working towards of a transformation of the key systems across society, and this can only be achieved in collaboration with companies across the full value chain. Financial services are an integral part of this transformation, and DBS Bank has demonstrated a drive for innovation, transformation and sustainability that we are delighted to welcome.”
In addition to leading on corporate sustainability, DBS Bank is committed to promoting sustainable development, including the transition to a low-carbon economy.