Companies should resist pressure, follow ESG commitments: tan dbs

Companies that have pledged to support ESG and Dei initiatives must follow their commitments and not shake political events, said the CEO of DBS Group Singapore.

“Leadership is a responsibility, not to say one thing and to do another … If you have committed your organization to reduce carbon emissions, and you can, and it is financially viable, then follow your commitments,” said the Deputy Director -General DBS Tan Shan during a corporate leadership session in Get off live.

“Do not change or change just because you are trying to get into another administration,” she added.

Tang will become the CEO of the bank on March 28, replacing Piyush Hupto, which headed the largest bank of southeastern Asia since 2009. Tan, who joined DBS with Morgan Stanley in 2010, will become the first woman -general DBS.

Dei refers to diversity, justice and inclusion, while ESG refers to environmental, social and management. Several US companies stopped at their commitments by Dei and ESG Ever since Donald Trump has been elected president.

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