Decarbonisation is an imperative for all customers

and financial institutions.

Reduce financial risks Shift the portfolio to align with

stemming from climate change Climate Climate the bank’s climate goals
Risk Portfolio
Risk management does not Management Alignment Greening the portfolio will not
necessarily imply material
necessarily make it less risky
portfolio greening

• We commit to net zero lending by 2050 and become first Singapore bank to join the UN-linked Net-Zero
Banking Alliance (NZBA)
• It reinforces the bank’s ongoing efforts to tackle climate change
• We raised our sustainable finance target to S$50 billion by 2024. As of end of October 2021, DBS has concluded
over S$30 billion of sustainable financing

Press release: DBS commits to net zero by 2050

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