Piyush Gupta, Group CEO, DBS Bank, said: "Financial accounting is a useful means of measuring performance. Unfortunately, its prism tends to be narrow, and it misses out on several critical impacts that economic actors have – both positive and negative. As the world increasingly begins to accept that the role of a corporation is to cater to several constituencies, not just shareholders, it becomes imperative to create a better scorecard, one that takes these "non-financial externalities" into account. Banks have the opportunity of being at the leading edge of creating such report cards, and DBS is therefore delighted to partner with like-minded organizations in trying to set up approaches and standards to take this agenda forward."