Climate Change Data

Environmental Metrics

ESG Focus Areas

• Green Banking
• Corporate Social Responsibility (CSR)
• Sustainable Finance

Environmental Achievements

• Installation of solar panels in some branches.
• Introduction of e-circular and e-newsletter systems.
• Focus on green banking in the annual calendar.
• Significant spending on green establishment and environment-friendly brick plant (HHK technology) in 2019.

Social Achievements

• Family Empowerment Islamic Micro-finance Program (FEIMP) expanded to 70 branches.
• Contribution of Tk. 271.83 million to various social causes (health, education, disaster relief, etc.) in 2020.
• Cash Waqf Program introduced, receiving local and international accreditation.

Governance Achievements

• Compliance with Bangladesh Bank and BSEC guidelines on corporate governance.
• Appointment of two independent directors.
• Establishment of a separate Risk Management Division.
• Formation of an Audit Committee.

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic's impact on the economy and banking sector.
• Subdued private credit demand.
• Maintaining asset quality and managing investment risks.
• Competition in the banking industry.
• Managing foreign exchange volatility.

Mitigation Strategies

• Implementation of Bangladesh Bank's stimulus packages.
• Focus on recovery of non-performing investments.
• Diversification of investment portfolio.
• Implementation of Basel III guidelines.
• Use of hedging techniques to manage foreign exchange risk.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: International Financial Reporting Standards (IFRS)

Sustainable Products & Innovation

• Cash Waqf Program
• Family Empowerment Islamic Micro-finance Program (FEIMP)

Awards & Recognition

• Recognized as one of the Top Ten Private Commercial Banks for Green Banking activities.