BRAC Bank Receives Climate-Focused Bank Award in Bangladesh1 min read

In a proud moment for sustainability and banking in Bangladesh, BRAC Bank has been honored with the prestigious ‘Climate-focused Bank in Bangladesh Award‘. The recognition underscores the bank’s unwavering commitment to environmental responsibility and green financing initiatives.

The award was presented to Brac Bank’s Deputy Managing Director & Chief Sustainability Officer, Md Sabbir Hossain, by the German Ambassador in Bangladesh, Achim Troster. The ceremony took place during the 24th session of the National Renewable Energy Conference and Green Expo, a collaborative effort by the Dhaka University Institute of Energy and the GreenTech Foundation, supported by USAID, SREDA, IDCOL, and BSREA.

This accolade underscores BRAC Bank’s commitment to spearheading sustainability efforts in the banking sector. Md Sabbir Hossain expressed the bank’s pride in their business model, which prioritizes governance, transparency, ethics, and compliance. He highlighted the bank’s significant achievements in green financing, sustainable CMSME financing, and climate-smart agriculture projects, all of which align with the UN Sustainable Development Goals.

BRAC Bank’s dedication to sustainability has been previously recognized with top sustainability ratings from Bangladesh Bank in 2022, 2021, and 2020. This latest award serves as a testament to the bank’s ongoing commitment to environmental stewardship and its pivotal role in advancing green initiatives within Bangladesh’s banking landscape. As BRAC Bank continues to lead by example in sustainable banking practices, this recognition will undoubtedly inspire further strides towards a greener and more sustainable future for Bangladesh and beyond.

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