Climate Change Data

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility
• Environmental Compliance
• Human Resources

Environmental Achievements

• Installed Effluent Treatment Plant and Incinerator of global standard at its plants in conformity with environment related regulation.

Social Achievements

• Promoting the young and creative talents of the country through Berger Young Painters’ Art Competition (BYPAC), Berger Award for Excellence in Architecture (BAEA), Berger Awards Programme for Students of Architecture of BUET (BASAB), Khulna University Architecture Department-Berger (KUADBERGER) Award etc.
• Contributing to the wellbeing of autistic children in Bangladesh.
• Distributed blankets and winter clothes among the poor people at different corners of the country.
• Facilitates interns of different academic backgrounds.

Governance Achievements

• Received Top VAT Payer Award under manufacturing category from the Government of Bangladesh.
• Received ‘ICMAB Best Corporate Award 2017’ in the category of multinational manufacturing industries.

Climate Goals & Targets

Environmental Challenges

• Stagnation in real estate market due to rise in land price and construction materials price, high interest rates on housing loans.
• High raw material cost in the international market and devaluation of Taka.
• Slow demand, local government elections, and delay in new project initiation in public construction after the national elections and adverse weather conditions.
• Fierce competition among top players and some new entrants.
• Macroeconomic factors influencing construction and industrial activity levels.
• Political unrest, strike, civil commotion and act of terrorism.
• Changes in income tax and value added tax laws.
• Changes in environmental, health and safety laws and regulations.
• Exchange rate fluctuation.

Mitigation Strategies

• Optimizing cost while remaining competitive in the market.
• Increasing product price to offset raw materials price inflation.
• Expanding distribution reach in the semi-urban and rural market along with innovative marketing strategies.
• Product and market diversification, efficient sourcing of materials, use of latest technology and investment in research and development.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: FSSC 22000 (for subsidiary Jenson & Nicholson)

Third-party Assurance: A. Qasem & Co. Chartered Accountants

Sustainable Products & Innovation

• Breathe Easy Eco Series
• Luxury Silk Metallic finish
• WeatherCoat AntiDirt LongLife
• WeatherCoat Coool
• Berger Protecton Protective coatings
• Jensolin Fluorescent paints
• Fireguard Fire intumescent coatings
• Express Painting Tools
• Berger InkMaster

Awards & Recognition

• Top VAT Payer Award
• ICMAB Best Corporate Award 2017
• Best Brand Award (8th consecutive year)

Environmental Metrics

ESG Focus Areas

• Social Responsibility
• Environmental Sustainability

Environmental Achievements

• Obtained RoHS certification for powder coating products, confirming they are free from hazardous heavy materials.
• Relaunched Berger Breathe Easy ViraCare with Silver Ion technology, killing 99% of viruses and bacteria on painted surfaces.
• Launched Berger Jensolin Water Based Sports Coating, a lead & chrome free, low VOC and environment friendly product.

Social Achievements

• Provided Personal Protective Equipment (PPE), masks, hand sanitizers, and gloves to painters and stakeholders during the COVID-19 pandemic.
• Provided emergency fund assistance of Tk. 2 crore to 17,500 painters.
• Collaborated with Digital Health Services – Tonic to provide digital health services to painters.
• Organized the 25th Berger Young Painters’ Art Competition (BYPAC).
• Contributed financially and materially to organizations working for autistic and differently challenged children.
• Organized art competitions for autistic and specially challenged children.

Governance Achievements

• Appointed Mr. Sazzad Rahim Chowdhury as Director and Chief Financial Officer.
• Complied with the Bangladesh Securities and Exchange Commission’s Corporate Governance Code.

Climate Goals & Targets

Environmental Challenges

• Macroeconomic challenges including economic slowdown, lockdown measures due to the COVID-19 pandemic, inflation of raw materials, and supply chain disruptions.
• Soft demand in the paint market due to COVID-19 lockdowns.
• Exchange rate fluctuations impacting imported raw materials.

Mitigation Strategies

• Product and market diversification.
• Efficient sourcing of materials.
• Investment in research and development.
• Cost optimization while remaining competitive.
• Expansion of distribution reach in semi-urban and rural markets.
• Innovative marketing strategies.

Supply Chain Management

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

• Berger Breathe Easy ViraCare
• Berger Jensolin Water Based Sports Coating
• RoHS certified powder coating products

Awards & Recognition

• Top VAT Payer 2018-2019
• ICMAB Best Corporate Award 2019
• Best Paint Brand (10 consecutive times)
• Bangladesh Supply Chain Excellence Award (3 consecutive years)
• Outstanding Woman in Business 2019 (Rupali Chowdhury)

Environmental Metrics

ESG Focus Areas

• Environmental Compliance
• Social Responsibility
• Corporate Governance

Environmental Achievements

• Installed an Effluent Treatment Plant and Incinerator of global standards at its plants in conformity with environment-related regulations.
• Awarded second position for its environmental campaign in Environment Fair 2022.

Social Achievements

• Promoting young and creative talents through Berger Young Painters’ Art Competition (BYPAC), Berger Award for Excellence in Architecture (BAEA), Berger Awards Programme for Students of Architecture of BUET (BASAB), Khulna University Architecture Department-Berger (KUAD-BERGER) Award etc.
• Contributing to the wellbeing of autistic children in Bangladesh.
• Providing financial and other material aid to around 10-12 different organizations working for the development of autistic and differently challenged children in Bangladesh.
• Berger Painters’ Training Institute (PTI) trained and certified over 5,800 painters.
• Berger gives awards to the meritorious children of dealers and painters under the initiative of Club Supreme & Somporko Club.
• Distributed blankets and winter clothes among poor people in different corners of the country.

Governance Achievements

• Consistently followed accounting and financial reporting standards.
• Financial statements prepared in accordance with International Financial Reporting Standards (IFRS), the Companies Act 1994, and the Bangladesh Securities and Exchange Rules 1987.
• Awarded as the “The Most Loved Brand” in the Paint Category by Bangladesh Brand Forum for the 12th time consecutively.
• Presented with Asia’s Best Employer Brand 2022 by World HRD Congress.
• Won the ICMAB Best Corporate Award for the ninth time.

Climate Goals & Targets

Environmental Challenges

• Pressure on foreign exchange reserves in Bangladesh's economy.
• Austerity measures hindering GDP growth.
• Discouragement of non-essential product imports.
• High inflation rate curbing consumer purchasing power.
• Rising costs of construction materials.
• Slowdown of infrastructural projects.
• Import price hike in the international market.
• Rapid devaluation of Taka against US Dollar.
• Rising operating costs.
• L/C restrictions.
• Supply chain disruptions.
• Increased competition in the paint industry.

Mitigation Strategies

• Price increases to curb inflationary pressure.
• Cost optimization efforts.
• Expansion of distribution reach in semi-urban and rural markets.
• Innovative marketing strategies.
• Introduction of new products with enhanced features.
• Technology-driven solutions for various industries.
• High-protective coatings.
• Enhancing and expanding customer service.
• Investment in capacity expansion and product diversification.
• Establishment of a third factory at Bangabandhu Sheikh Mujib Shilpa Nagar, Mirsarai.

Supply Chain Management

Responsible Procurement

• Sources raw materials from ExxonMobil, DuPont, BASF, BYK, Cristal and Shell.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS, Companies Act 1994, Bangladesh Securities and Exchange Rules 1987

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018, FSSC22000, ISO 22000:2018, ISO/TS22002-4:2013, SEDEX

Third-party Assurance: Hoda Vasi Chowdhury & Co, Chartered Accountants

UN Sustainable Development Goals

• Decent Work and Economic Growth

Berger Painters’ Training Institute (PTI) upskills and certifies painters, providing better employment opportunities.

Sustainable Products & Innovation

• Breathe Easy (odourless paint)
• Robbialac Synthetic Enamel Platinum (two-in-one coating)
• Mr. Expert Damp Guard (waterproofing solution)
• WeatherCoat Glow (exterior wall coating)

Awards & Recognition

• The Most Loved Brand (Bangladesh Brand Forum)
• Asia’s Best Employer Brand 2022 (World HRD Congress)
• ICMAB Best Corporate Award 2021

Environmental Metrics

ESG Focus Areas

• Water & Wastewater Management
• Waste
• Risk Management / Organizational Resilience
• Occupational Health & Safety and Critical Incident Management
• Compliance and Management of Regulations
• Industrial Workforce Management, Human Rights
• Business Ethics, Corporate Governance and Anti-Corruption
• Economic Performance
• Energy Management
• Air Emissions
• Talent Management, Acquisition and Employee Engagement
• Responsible Supply Chain / Responsible Procurement
• Customer Experience & Satisfaction

Environmental Achievements

• Installed an Effluent Treatment Plant and Incinerator of global standards at its plants

Social Achievements

• Providing financial and other material aid to around 10-12 different organizations working for the development of autistic and differently challenged children in Bangladesh since 2009
• Organized the 28th Berger Young Painters’ Art Competition (BYPAC)
• Organized the 10th round of the Berger Award for Excellence in Architecture
• Organized Berger Award for Students of Architecture, BUET (BASAB)
• Hosted the first-ever “Berger Awards for Interior Design 2023”,
• Gives awards to the meritorious children of dealers and painters under the initiative of Club Supreme & Somporko Club
• Distributed blankets and winter clothes among poor people in different corners of the country
• Launched the first 'Female Painters Development Program' training 40 women.

Governance Achievements

• The company fulfills the regulatory compliance requirements issued by the BSEC.
• The Board firmly believes in good governance and actively promotes and supports best practices in corporate governance.

Climate Goals & Targets

Environmental Challenges

• Diminished demand resulting from economic downturn, high inflation, and a slowdown of infrastructural projects
• Problems in obtaining raw materials supplies from abroad
• Rapid devaluation of Taka against USD, global economic dynamics, depletion of forex reserve and L/C restrictions continue to affect the economy
• Foreign exchange loss due to devaluation of the currency impacted the operating income of the company

Mitigation Strategies

• Price increase
• All-out efforts to optimize cost
• Expansion of distribution reach in the semi-urban and rural markets along with innovative marketing strategies
• Product and market diversification, efficient sourcing of materials, use of latest technology and investment in research and development

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: IFRS

Certifications: ISO 9001:2015, ISO 45001:2018, ISO 14001:2015, SEDEX (Supplier Ethical Data Exchange), FSSC22000, ISO 22000:2018, ISO/TS22002-4:2013

Sustainable Products & Innovation

• Skim Coat
• Luxury Matte
• Jhilik Primer

Awards & Recognition

• The Most Loved Brand (13th consecutive time)
• DEI Champion of the Year Award
• Asia’s Best Employer Brand 2023
• Titanium Award (#HealYourMindWithColors campaign)
• YouTube SilverPlay Button