banking Bahrainthismonth.com October 2023 35 DBS Bank, headquartered in Singapore, was named the World’s Best Bank 2022 by Global Finance, and the World’s Best Bank 2023 for Corporate Responsibility by Euromoney. Here are a few interesting examples on the green practices incorporated by the bank: DBS Home and Living Marketplace: This product was developed in collaboration with Singapore Green Building Council (SGBC). If the customer wants to renovate his/ her home by using sustainable infrastructure and appliances, the customer is entitled to enjoy more savings since the requirements of the green renovation checklist are being fulfilled. It also enables the customer to install green energy infrastructure such as solar panels by applying for the green renovation loan. DBS Live Fresh Card: This ecofriendly credit card is made from 85.5 percent recycled plastic – and gives the holder an additional five percent Green Cashback on selected eco-eateries, retailers and transport services. The holder can buy green labelled products and enjoy discounts on the orders made with DBS card. This will contribute to reducing food waste. Go Green, On the Go: DBS customers can cut down carbon emissions by choosing cleaner types of transport, they can select car-sharing via the partnered vehicle car sharing platform, and the first-month subscription fees will be waived. To conclude, sustainability is an ongoing journey; seeking opportunities to improve banking practices will certainly have a positive impact on the environment and society. There are numerous ideas that could be embraced, thinking wholly and holistically by engaging different partners could help in defining more innovative ideas. We are all responsible for creating a better and a brighter world for the future generations.
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