Climate Change Data

Environmental Metrics

ESG Focus Areas

• Responsible Banking
• Responsible Business Practices
• Creating Social Impact
• Environmental Sustainability
• Human Resource Management
• Customer Privacy

Environmental Achievements

• 25 out of 141 branches partially powered by solar energy
• Digitization of products, services, and processes to reduce environmental impact
• Implementation of energy efficiency measures (energy-saving bulbs, green IT initiatives)
• Adoption of 3R (Reduce, Reuse, Recycle) principles for waste management
• Tree plantation program (1500 saplings planted)

Social Achievements

• Contribution of 3% pre-tax profit (BDT 147.83 million) to Jamuna Bank Foundation for social initiatives
• Donation of BDT 6 crore to Prime Minister's Relief Fund
• 4 workshops on Green Banking and Environmental Risk Management with 111 participants
• Recruitment of 225 new employees
• Focus on employee well-being and development

Governance Achievements

• Zero-tolerance policy towards corruption
• Implementation of Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) program
• Mandatory training for all employees on ethics, compliance, and AML/CFT
• Regular internal audits to ensure compliance

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on various sectors in Bangladesh (water resources, agriculture, etc.)
• Potential risks associated with data breaches and customer privacy

Mitigation Strategies

• Green banking initiatives (green financing, energy efficiency, etc.)
• Formal confidentiality policy and procedures for protecting customer information
• Regular audits and training to safeguard customer data

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct
• Selection of suppliers based on integrity and reputation

Climate-Related Risks & Opportunities

Physical Risks

• Rising sea levels
• Devastating impact on agriculture

Opportunities

• Green investments
• Green financing

Reporting Standards

Frameworks Used: GRI Standards: Core option, GRI G4 Financial Services Sector Disclosures, UN Sustainable Development Goals (SDGs)

UN Sustainable Development Goals

• Unspecified SDGs (report mentions six but doesn't specify)

The report aligns with six unspecified UN SDGs through responsible banking, business practices, and social impact initiatives.

Sustainable Products & Innovation

• Green banking products (solar energy, biogas, effluent treatment plant financing)

Environmental Metrics

ESG Focus Areas

• Responsible Banking
• Responsible Business Practices
• Creating Social Impact
• Environmental Sustainability
• Employee Well-being
• Ethical Conduct

Environmental Achievements

• Adopted eco-friendly banking services to lower carbon footprint
• Implemented energy efficiency measures, including monitoring energy consumption and using energy-efficient equipment
• Increased digitization of services to reduce paper consumption
• Conducted workshops on Green Banking and Environmental Risk Management

Social Achievements

• Contributed 5% of pre-tax profit to Jamuna Bank Foundation for social initiatives
• Disbursed BDT 1,991.09 million in agricultural & rural credit
• Provided BDT 15.62 million in relief funds during the COVID-19 pandemic
• Imparted 15,710 person-hours of employee training

Governance Achievements

• Maintained a zero-tolerance stance towards corruption
• Implemented a robust AML/CFT program
• Conducted continuous internal audits to ensure compliance

Climate Goals & Targets

Environmental Challenges

• Climate change impacts on various sectors in Bangladesh
• Managing environmental risks in financing
• Ensuring responsible supply chain management

Mitigation Strategies

• Incorporated environmental risk management into credit risk methodology
• Actively funded projects in clean technology, renewable energy, and sustainable infrastructure
• Introduced checkpoints in procurement processes to minimize environmental impact
• Engaged with suppliers to promote sustainable procurement practices

Supply Chain Management

Supplier Audits: 17 supplier auctions conducted through Procurement Team

Responsible Procurement

• Procurement policy outlining requirements for suppliers to align with the Bank’s ethical standards, including employment, health and safety, and environmental standards.
• Supporting local procurement (98% of total spending on suppliers in 2020).

Climate-Related Risks & Opportunities

Physical Risks

• Rising sea levels
• Devastating impact on agriculture

Transition Risks

• Government prioritization of sustainability in the financial sector

Opportunities

• Green investments in carbon emission minimizing and energy-efficient processes
• Green banking activities, including in-house environment management and green financing

Reporting Standards

Frameworks Used: GRI Standards: Core option, GRI G4 Financial Services Sector Disclosures

UN Sustainable Development Goals

• Unspecified six UN SDGs

The report mentions a focus on six UN SDGs but doesn't specify which ones.

Sustainable Products & Innovation

• Green banking products (solar energy, biogas, effluent treatment plant, green brick manufacturing)

Awards & Recognition

• 'Best CSR Bank' in Bangladesh by 'The Global Economics'