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Issue 141: Singapore banks face hard steel; UOB launches nature strategy

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Kenneth Lim

Kenneth Lim

Published Fri, Mar 28, 2025 · 07:00 PM
    • Steel-sector financed emissions intensity rose for all three Singapore banks in their latest reports.
    • Steel-sector financed emissions intensity rose for all three Singapore banks in their latest reports. ILLUSTRATION: KENNETH LIM

    This week in ESG: DBS, OCBC, UOB report higher steel-sector financed emissions; UOB debuts plan to address nature-related issues

    Net zero

    Steel chasing the green dream

    Steel is proving to be an especially hard-to-abate sector for Singapore’s three major banks.

    ESG InsightsSteelNet zeroSingapore bankssustainable financeDecarbonisationNature-related financial disclosuresESG

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