Tag: #SustainabilityReport

  • Blue Planet Environmental Solutions unveils landmark first Sustainability Report, sets FY24-FY26 ESG baseline

    Blue Planet Environmental Solutions unveils landmark first Sustainability Report, sets FY24-FY26 ESG baseline

    Singapore-headquartered waste management and circular economy company Blue Planet Environmental Solutions has released its first Annual Sustainability Report 2026, marking a significant milestone in the company’s ESG journey and setting a baseline for performance across FY24 and FY26.

    The integrated waste management firm said it processed 8.92 million tonnes of waste across the two reporting years, contributing to an estimated 1.24 million tCO₂e in avoided emissions through initiatives spanning landfill biomining, e-waste recycling and biofuel operations.

    Resource recovery scales up

    According to the report, legacy waste processed jumped to 5.10 million tonnes in FY26, up from 3.49 million tonnes in FY25. E-waste processed also saw a sharp rise, nearly doubling from 11,552 tonnes to 20,060 tonnes over the same period.

    In FY26 alone, the company processed 44,833 tonnes of paper, 24,537 tonnes of plastics, and 6,364 tonnes of iron and steel, along with other material streams, the report noted.

    Commenting on the development, Prashant Singh, Co-Founder & CEO, Blue Planet Environmental Solutions, said, “Our first Sustainability Report marks an important step in how we measure our impact. As Blue Planet scales, we believe growth must be matched by transparency, accountability and measurable outcomes. This report establishes our baseline and strengthens our commitment to creating long-term environmental, social and economic value.”

    Robust ESG governance framework

    The report has been prepared with reference to the GRI Standards 2021 and is supported by a digital ESG data management platform aimed at improving consistency, traceability and review of ESG information, the company said.

    Blue Planet also disclosed that it implemented 103 Environmental and Social Action Plan (ESAP) items, achieving 100% ESAP compliance — verified through independent third-party audits across multiple operations.

    Additionally, select ESG indicators underwent independent limited assurance in line with ISAE 3000 (Revised), covering key areas such as energy, water, waste, Scope 1 and Scope 2 emissions, workforce, workplace safety and diversity.

    Workforce and road ahead

    The company reported a workforce of more than 4,000 employees and workers during the reporting period. Notably, employee participation in training programmes surged from 7,706 in FY25 to 14,318 in FY26.

    Looking ahead, Blue Planet said it will prioritise strengthening ESG data governance, climate and resource efficiency, supply-chain ESG oversight, occupational health and safety, and consistent ESG practices across its business verticals.

  • DBS Sustainable Financing surges past SGD 102 billion; India leads breakthrough growth

    DBS Sustainable Financing surges past SGD 102 billion; India leads breakthrough growth

    DBS Bank’s sustainable financing commitments surged 14 per cent year-on-year to cross SGD 102 billion at end-2025, the lender said in its latest report, as India emerged as its fastest-growing and third-largest sustainable finance market across Asia.

    The Singapore-based bank, one of Asia’s largest lenders, facilitated SGD 41 billion of environmental, social and governance (ESG) bond issuances during 2025 as an active bookrunner, channelling capital into renewable energy, sustainable infrastructure, green real estate and social-sector projects.

    “As Asia continues to grow, businesses are continuing to invest in low-carbon technologies, electrification and resilient infrastructure,” said Helge Muenkel, Group Chief Sustainability Officer at DBS Bank. “It was very encouraging that DBS Group crossed SGD 100 billion in sustainable financing commitments in 2025.”

    India Drives Breakthrough Momentum

    India’s rapid ascent within DBS’s sustainable finance portfolio reflects strong domestic appetite for green capital aligned with the country’s ongoing energy and infrastructure transformation.

    In a notable deal, DBS extended a Rs. 670 crore sustainability-linked trade facility to Indorama India Pvt Ltd, tying the financing to measurable improvements in emissions intensity, water use and energy efficiency.

    The bank also acted as arranger and sustainability coordinator for a multi-bank USD 350 million sustainability-linked revolving credit facility for ChrysCapital X LLC — marking the first sustainability-linked loan raised by an India-focused private equity fund.

    Expanding Beyond Climate

    DBS said it is broadening its sustainability mandate beyond climate mitigation to encompass nature-related risks and climate adaptation — a shift that signals the bank’s intent to align with evolving global biodiversity and resilience frameworks.

    Community Impact

    Beyond financing, DBS said it reached more than one million vulnerable individuals across Asia through community programmes in 2025. The DBS Foundation has committed over SGD 160 million since 2024 toward initiatives targeting essential needs, financial inclusion and community resilience.

    The results were disclosed in DBS’s Sustainability Report 2025.