ESG in Banking

DBS unveils targets for decarbonisation, data coverage under net zero goal

It plans to reduce emissions from O&G sector by 28% in 2030.

DBS unveils targets for decarbonisation, data coverage under net zero goal

It plans to reduce emissions from O&G sector by 28% in 2030.

BOC Hong Kong arranges $115.8m green-linked loan for China Overseas Land & Investment

COLI will enjoy savings in borrowing costs should it meet performance targets.

Citi unveils Sustainable Time Deposit solution in APAC

It will fund environmental and social projects such as water and sanitation infrastructure.

Thailand plays catch up with global green finance goals

Banks are calling for legislators to impose carbon tax and a common taxonomy of goals.

Bank of East Asia joins the Partnership for Carbon Accounting Financials

BEA is required to disclose data publicly on financed emissions within the next three years.

Citi joins the Alliance for Green Commercial Banks in Asia

HKMA and the IFC jointly launched the Asia chapter of the alliance in 2020.

Standard Chartered launches sustainable account solution for SG corporates

Corporates can allocate their surplus cash to support the net zero agenda.

OCBC invests S$25m to reduce carbon footprint in operations

The bank plans to retrofit its buildings with solar panels.