PROBLEM
STATEMENT SEVEN

Aggregate business operational data and calculate carbon emissions

The Problem

Climate change has brought risks and challenges to all industries including banking. Through three sustainability pillars (Responsible banking, Responsible business practices and Creating social impact), DBS is committed to work towards a lower carbon future to be resilient to climate change. It is important for them to use the universal metric – carbon emission - to understand their climate impact.

Currently the data aggregation and carbon emissions calculations are done manually, and the data might come from different sources and departments. There is a need to aggregate different kinds and formats of data automatically in one repository, and then automatically categorize and calculate their carbon emission. The aim is to have a more accurate and holistic view of the carbon emissions caused by daily business operations, so that they can strategically roll out measures to mitigate potential risks.

DBS is looking for solutions to help aggregate various daily business operational data and automatically calculate the carbon emissions to provide a holistic view.

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Requested

Solution

Aggregate business operational data/documents and calculate carbon emissions according to their nature (Nice to have: Trend analysis)
- Business operation activities DBS is interested to look at:
  - Priority:
    - Electricity consumption
    - Water consumption
    - Procurement items
  - Secondary:
    - Business Travel
    - Paper usage
    - Plastic usage
    - Food waste generated

STARTUP QUALIFICATION

We are looking for:

1. Must have a sustainability impact value
2. Proven technology with results
3. Distinctive tech intellectual property
4. Revenue generated from company’s main technology
5. Intention to expand the business in both Hong Kong and/or mainland China markets

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