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"Our workplace will evolve to be more purpose-built for hybrid work models. Workplace infrastructure, policies, and rituals all need to go hand-in-hand to help employees make the most of their time at work and to enable greater productivity and innovation." Learn more about how DBS adopted and successfully transited to a permanent hybrid work model, while achieving high employee satisfaction in the process: https://www.humanresourcesonline.net/hrexplores-how-dbs-achieved-92-employee-satisfaction-while-working-hybrid
As part of our commitment to being net zero in financed emissions by 2050, DBS has announced sectoral targets that are aligned with science-based decarbonisation glidepaths in our report “Our Path to Net Zero – Supporting Asia’s Transition to a Low-carbon Economy”.
DBS reported net profit of SGD 3.62 billion and return on equity of 13.3% for first-half 2022. For the second quarter, net profit rose 7% from a year ago to SGD 1.82 billion, the second highest in history.
We are humbled that DBS Bank has once again been named World's Best Bank by US-based financial publication Global Finance Magazine. In 2021, we turned in our best year ever, delivering record earnings while unwavering in our support for customers, employees and the community. This award reinforces our position as an industry leader and a forward-looking institution that is ahead of the curve.
We're thrilled to be named one of Fast Company's Best Workplaces for Innovators! DBS Bank is the only Singapore-based company and second-highest ranked Asian company on the list, which celebrates company cultures that empower employees at all levels to improve processes, create new products, or invent new ways of doing business.
As part of our commitment to empower ALL our employees to be their best at work and in life, DBS CEO Piyush Gupta announced a series of enhanced benefits during our quarterly townhall yesterday, which will better cater to the changing needs of our diverse workforce. As an organisation that wants to empower our employees in building fulfilled and long term careers in the bank, we are heartened to share that all employees will benefit in one way or another from the enhanced suite of benefits that provide the flexibility for employees to decide how best they want to take care of their personal wellbeing.
DBS Q1 net profit at SGD 1.8 billion. This is the second highest on record.
DBS has stepped up its efforts to enable hybrid work in various ways, and our DBS JoySpaces are here to support the hybrid working environment. While remote working can provide flexibility and efficiency for employees, there are certain limitations when working from home, including blurring of work-life boundaries, interruptions due to personal or family responsibilities or face social isolation being away from colleagues in the office. Our JoySpaces redefine the role of the office as a place that boosts collaboration and connections for employees to make their time in the office meaningful. Read more about the genesis of our JoySpaces in the link below.
DBS was honoured to celebrate International Women’s Day in Singapore this year with Minister for Sustainability and the Environment Ms Grace Fu, who shared valuable insights and her personal experiences with diversity & inclusion that resonated with us. Women currently comprise 50% of our workforce and 40% of our senior management. We are committed to building strong communities so that we can create an inclusive workplace where all employees can grow and thrive. Read more in the link below.
In recognition of organisations who demonstrate outstanding people practices and workplace excellence, DBS has been named Kincentric Best Employer for the sixth time in Singapore and across Asia Pacific. We were also certified as Best Employer in nine other markets, comprising Hong Kong, China, Indonesia, India, Taiwan, Thailand, South Korea, the UK and USA. For the first time, Kincentric introduced a Special Recognition Award for Diversity, Equity & Inclusion best practices and DBS has been recognised in this category for having created a safe and inclusive space for our employees.
