DBS Hong Kong and Sanfield Pave the Way for Green Construction with a Pioneering Sustainability-linked Supplier Payment Services Program

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First of its kind in Hong Kong’s construction industry to drive ESG initiatives

HONG KONG SAR – Media OutReach Newswire – 16 May 2024 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and Sanfield (Management) Limited (“Sanfield”) today announced the launch of pioneering Sustainability-linked Supplier Payment Services (“SPS”) for the Hong Kong construction industry. The SPS program marks a significant milestone in extending environmental, social and governance (“ESG”) initiatives from Sanfield to its suppliers and sub-contractors, setting a new industry standard. DBS Hong Kong will act as the sole arranger for this innovative financing initiative.

World’s Best Bank” by Global Finance, “” by Euromoney and “” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “” by Euromoney and the world’s “” by The Banker. In addition, DBS has been accorded the “” award by Global Finance for 15 consecutive years from 2009 to 2023.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit .

About Sanfield

Sanfield (Management) Limited is a wholly-owned subsidiary of Sun Hung Kai Properties’ construction division and a prominent player in the Hong Kong construction industry. Guided by the motto of SHKP, Building Homes with Heart spirit, Sanfield consistently demonstrates its dedication to excellence and innovation. The company offers a wide range of professional, top-notch services encompassing foundation work, site formation, civil engineering, building construction, electrical and mechanical installations, concrete production, precast-concrete-unit manufacturing, production and installation of wooden doors, construction plant and machinery leasing, as well as landscaping.

Sanfield plays a vital role in SHKP’s property development business and has made significant contributions to the development of several iconic buildings, including the International Finance Centre (IFC), International Commerce Centre (ICC) and Central Plaza.