DBS: Opens net zero building

DBS: Opens net zero building

  • DBS, a leading financial services group headquartered in Singapore, operates across 18 markets
  • This contributes to the national push to green 80% of Singapore’s buildings 
  • Extended the lifespan of the building and avoided squandering the embodied carbon
  • According to the World Green Building Council, embodied carbon accounts for 11% of global carbon emissions
  • The original development may not have been designed with sustainability in mind, making retrofitting more complex
  • Began retrofitting works in the middle of 2021, investing over SGD 5 million in the process
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

One in Seven UK High Street Shops Adopt Cashless Payments

New survey reveals a significant shift towards cashless transactions.Highlights: One in seven UK high street shops went cashless...

Morgan Stanley to Cut 2,500 Staff Across Divisions

The bank aims to streamline operations amidst economic uncertainties.Highlights: Morgan Stanley plans to cut 2,500 jobs across various...

Lloyds to Sell Customer Data to Cut IT Costs and Strengthen Fintech Position

The bank aims to optimize operations and enhance its fintech offerings.Highlights: Lloyds is selling customer data to reduce...

Robinhood Launches $695 Annual Platinum Credit Card, Challenging Amex

The new offering aims to disrupt the premium credit card market.Highlights: Robinhood's new Platinum credit card costs $695...