Singapore's DBS forms collaboration to scale digital solutions for net zero in Asia.

DBS has signed a memorandum of understanding (MOU) with Univers, Singapore’s decarbonization software to improve carbon measurement and tracking in order to drive Asia’s energy transition, according to a media release on Friday. DBS will have pilot tests for SME clients in Hong Kong, India, Mainland China, and Singapore.

Through this partnership, Univers’ software will help these clients obtain an accurate and comprehensive understanding of their baseline carbon footprint.

«We can help our clients, from large corporates to SMEs, easily access cutting-edge digital solutions and sustainable financing, to make the transition to net zero, Tan Su Shan, DBS’ group head of institutional banking said in the statement.