Companies that have been committed to supporting the ESG and Dei initiatives should adhere to their obligations and not glued them to political development, the arrival director of the Singapore DBS Group said.
“The leadership is responsible, not to say one thing and do another … If you have committed your organization to reduce your carbon imprint and you can and this is financially sustainable, keep your obligations,” said DBS Deputy DBS during the corporate leadership session in a corporate leadership in Converge live.
“Do not chop and change just because you are trying to get involved in another administration,” she added.
Tan will become the Executive Director of the Bank on March 28, replacing Piyush Gupta, which led the largest Bank of Southeast Asia since 2009. Tan, who joined DBS from Morgan Stanley in 2010, will be the first DBS CEO.
Dei refers to diversity, equality and inclusion, while ESG refers to the environment, social and management. Several US companies have withdrawn its obligations Dei and ESG since Donald Trump was elected president.
