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Singapore banks show the way in region’s net-zero quest but actions must speak louder, say observers
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While the banks have embarked on their decarbonisation journey, observers said actual implementation is key.
PHOTO: ST FILE
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SINGAPORE - Singapore’s local banks may be ahead of many other Asian peers when it comes to mapping out their decarbonisation goals, but observers say the next big hurdle is how far the banks will go in the actual implementation.
They added that of the three local banks, DBS currently leads in the climate policy department, compared with OCBC and UOB.
