Steel manufacturing  accounts for between 7 and 9 per cent of all human-caused greenhouse gases globally, according to the World Steel Association. Photo: Getty Images
Steel manufacturing accounts for between 7 and 9 per cent of all human-caused greenhouse gases globally, according to the World Steel Association. Photo: Getty Images

Climate change: DBS pledges ‘ambitious’ cut in financed emissions from steel despite heavy exposure to China, India

  • The Singaporean bank hopes to reduce financed emissions from steel – those caused by steelmakers financed by the bank – by 27 per cent by 2030
  • Steel manufacturing is one of the world’s leading causes of harmful emissions of greenhouse gases

Steel manufacturing  accounts for between 7 and 9 per cent of all human-caused greenhouse gases globally, according to the World Steel Association. Photo: Getty Images
Steel manufacturing accounts for between 7 and 9 per cent of all human-caused greenhouse gases globally, according to the World Steel Association. Photo: Getty Images
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