A chilling reality: 16% of fruits and vegetables are wasted every year, due to weak cold chain infrastructure (Central Institute of Post-Harvest Engineering and Technology (CIPHET). DBS funds, mentors and works with a range of social enterprises to decrease food loss along the supply chain.
Food for more: 14% of the population or 189.2 million people are undernourished in India (FAO, 2020). DBS Bank in India partnered with several organizations to sponsor more than 2 million meals to the under-served during lockdown and continues to work on food distribution initiatives that incentivizes customers and employees to contribute to ending hunger.
Bin there, done that: More than 60% of household waste is typically wet waste and much of this ends up in landfills, where it decomposes and releases methane, a potent greenhouse gas. DBS Bank practices waste reduction techniques like tracking food consumption and responsibly managing wet waste in offices.
Paying the price: An estimated Rs. 244 crore of food is wasted every day in India (Reuters). DBS Bank encourages employees, customers and stakeholders to reduce food wastage, grow your own food and manage waste responsibly.
Spreading Awareness: DBS Sparks is a web-series based on true stories of everyday heroes trying to Spark A Better World. The latest episode of DBS Sparks is dedicated to the theme of Zero Food Waste. Watch it here: go.dbs.com/sparksindia