DBS to adopt risk management framework The Equator Principles

This will allow it to test its funded projects according to environmental and social standards.

DBS will adopt The Equator Principles (EPs) in order to enhance efforts in disclosing information related to large-scale developments that it is involved in, a press release revealed.

“We are proud to be the first bank in Singapore and Southeast Asia to be a signatory to the Equator Principles. The Principles thrive on being singularly focused on avoiding and mitigating impacts arising from asset-level financing,” said Tan Su Shan, group head of institutional banking group at DBS.

EPs is a globally recognised risk management framework adopted by financial institutions for determining, assessing and managing environmental and social risk in development projects. The EPs also outline environmental and social standards for large scale developments and is based on the International Finance Corporation (IFC) Performance Standards published by the World Bank Group.

Currently, the bank already adheres to due diligence processes in accordance with IFC's Performance Standards when assessing large project financing deals.

Also Read

ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans

Singapore leads SEA in FinTech funding

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit