NRBC Bank unveils ‘Sustainability Report-2024’

NRBC Bank PLC has published its first-ever "Sustainability Report-2024" today, focusing on sustainable development, social responsibility, and environmentally friendly financing.

This year the report, prepared in line with the Global Reporting Initiative (GRI) standards, carries the theme "Inclusive Innovation, Green Tomorrow."

Md Touhidul Alam Khan, managing director and CEO of NRBC Bank PLC, unveiled the report as the chief guest at the bank's head office in Dhaka.

During the event, Khan said the publication of the sustainability report under the GRI guidelines reflects NRBC Bank's long-term commitment to financial stability, environmental responsibility, and social justice.

He added that the bank would continue to expand financing in areas such as green banking, renewable energy, micro and social welfare sectors, and other environmentally friendly initiatives. NRBC Bank remains dedicated to building a livable Bangladesh and a better world for future generations.

According to the report, NRBC Bank conducts its banking activities by prioritising environmental protection, social development, and good governance.

In 2024, the bank achieved significant progress in green and sustainable financing. Through investments in renewable energy, energy-efficient technologies, sustainable waste management, green buildings, and climate-resilient agricultural initiatives, NRBC Bank is directly contributing to farmers' welfare, national food security, and sustainable development.

The report further states that sustainable banking is synonymous with strong and innovative banking. The positive impact of NRBC Bank's eco-friendly initiatives will benefit customers, borrowers, and shareholders alike. Transparent and responsible banking practices will enhance the importance of green financing projects. As a result, entrepreneurs will experience reduced long-term costs and increased profitability.

Depositors and shareholders can be assured that their funds and investments are not being used in environmentally harmful sectors.

Harunur Rashid, deputy managing director and chief financial officer of the bank, and Mohammad Abdul Qaium Khan, deputy managing director and chief operating officer, along with other members of the sustainability reporting committee, were also present.