NRBC Bank publishes Sustainability Report

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

The report, prepared in line with the Global Reporting Initiative (GRI) Standards, carries the theme "Inclusive Innovation, Green Tomorrow", says a press release.

On Wednesday, the report was officially unveiled at the bank's head office by Dr. Md. Touhidul Alam Khan, Managing Director & CEO of NRBC Bank, as the chief guest. Harunur Rashid, Deputy Managing Director & CFO, Mohammad Abdul Qaium Khan, Deputy Managing Director & COO and other members of the sustainability reporting committee were also present on the occasion.

Dr. Md. Touhidul Alam Khan said that 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.

According to the report, NRBC Bank conducts its banking activities by prioritizing 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.