The CDB Advance Sustainable Financing Vertical was initiated in FY 2020/21, in its endeavour to become an active contributor in sustainable finance by advancing the green economy by 2030.

In its pursuit of a Quarter Trillion Asset Base (Q-TAB) and a transformation into a fundamentally tech-driven company, CDB is fully committed to its sustainability agenda, which is comprised of two pillars: Net Zero and Socially Conscious. The Net Zero pillar encompasses accelerating sustainable mobility solutions and household renewable energy solutions, conservation and biodiversity efforts, and enabling a shared economy. The Socially Conscious pillar prioritises financial inclusion for underbanked and unbanked demographics and community impact through an ethos of corporate volunteerism and meaningful community projects.

In this journey, the Company is collaborating with its stakeholders including team members, customers, business partners, and private/public institutions to achieve sustainable development and safeguard the environment. CDB’s tech disruption strategy, which complements its sustainability agenda encompassing both social and environmental dimensions, stimulates financial inclusion and enables it to be a more resource-efficient organisation. The CDB Advance Sustainable Financing Vertical was initiated in FY 2020/21, in its endeavour to become an active contributor in sustainable finance by advancing the green economy by 2030. CDB focused on turning challenges into opportunities by continuing to adopt a people-based environmental approach to carbon management, biodiversity conservation and creating environmental awareness.

Taking a holistic view of furthering and implementing its sustainability agenda, CDB has expended considerable effort and resources in educating employees, raising green awareness, managing its carbon footprint, optimising energy, water, and waste management, preserving biodiversity, fostering collaboration with business partners, and engaging in community projects. Towards this end, CDB has defined specific sustainability goals, integrated sustainability into all operations, developed sustainable financial products, disclosed ESG performance, collaborated with stakeholders, and promoted employee awareness. Through such initiatives, CDB has been able to drive positive change, align with ESG principles, and contribute to a more sustainable future for the country, its people, and the environment.