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DBS Leads Asian Banks in Financed Emissions Disclosures
In April of 2023 the Monetary Authority of Singapore (MAS) launched the Finance for Net Zero (FiNZ) Action Plan to catalyze Asia’s net zero transition and decarbonization activities. My guest today is Helge Muenkel, CSO at DBS Bank, and we’re going to talk about why establishing a roadmap for sustainability reporting by key financial institutions is a critical part of the (FiNZ). Helge and I will discuss why credible green and transition financing solutions are needed to support decarbonization efforts and climate risk mitigation. And the good news is that DBS is a global finance industry leader in the tracking and reporting of financed emissions as well as offering retail banking initiatives that support sustainable investment strategies and clean energy climate transition practices at the household level.