Asian bank DBS has partnered with the decentralized gaming platform The Sandbox to create a metaverse experience focused on showcasing Environmental, Social, and Governance (ESG) initiatives.
DBS is acquiring a 3×3 plot of land within The Sandbox to establish DBS BetterWorld, aimed at illustrating the significance of fostering a sustainable future. The platform will also feature profiles of social entrepreneurs across Asia who are making a positive impact through innovative business models. Notably, all operations and land developments within DBS BetterWorld will adhere to carbon-neutral certifications.
Piyush Gupta, CEO of DBS, expressed enthusiasm about the collaboration, stating, "Our partnership with The Sandbox and Animoca Brands heralds a thrilling new venture as we explore the potential of the metaverse. We aim to utilize this innovative platform to raise awareness of key ESG issues and highlight the commendable efforts of communities and partners committed to addressing them."
In other news, Finextra has announced its fifth Sustainable Finance Live conference and hackathon, set for November 29. For more details and registration, please visit the event page here.