"The nine sectors represent the most carbon-intensive institutional banking segments financed by DBS," the bank said in a statement on Tuesday.
(Reporting by Xinghui Kok and Anshuman Daga; Editing by Kanupriya Kapoor)
Delayed
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5-day change | 1st Jan Change | ||
34.66 SGD | +0.61% | +4.68% | +14.08% |
SINGAPORE (Reuters) - Singapore's DBS Group announced decarbonisation targets for nine industry sectors, including power, oil and gas, aviation and shipping, and reinforced its commitment to net-zero financed emissions by 2050.
"The nine sectors represent the most carbon-intensive institutional banking segments financed by DBS," the bank said in a statement on Tuesday.
(Reporting by Xinghui Kok and Anshuman Daga; Editing by Kanupriya Kapoor)
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88.04 USD | +0.07% | +1.96% | - | ||
83.84 USD | +0.25% | +2.09% | - | ||
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