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DBS – first Asian bank to ‘go green’ fully with DHL Express

DHL Express and DBS Bank have announced a three-year GoGreen partnership. From 2017 to 2019, all DBS international express shipments will be delivered via DHLGoGreen Climate Neutral Service. This landmark collaboration sees DBS as the first Asian bank to fully utilise the logistics company’s GoGreen offering.

DHL GoGreen Climate Neutral Service is an eco-friendly solution which allows DBS to send carbon neutral shipments and provides the bank visibility into its carbon footprint. Using a DHL patented methodology, DHL Express will calculate and estimate the CO2 emissions of every DBS shipment based on their weight and distance travelled. These emissions are offset through reinvestments by the DHL carbon management programme, into global climate protection projects such as a biomass power plant in India and wind farms in the eastern and north-central regions of China.

At the end of each year, DBS will receive an annual certificate that details the estimated carbon emissions from its GoGreen shipments that were neutralised in environmental protection projects. The entire process, including the certification, is annually verified by an independent third party to ensure accountability.

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