Seven BD firms on Bloomberg’s sustainability list

Seven Bangladeshi companies have earned spots on Bloomberg's sustainability list consisting of more than 16,000 global corporations.

Their inclusion in the prestigious list is attributed to their strong performance in environmental, social and governance (ESG) initiatives. The companies are Grameenphone, British American Tobacco (BAT) Bangladesh, Marico Bangladesh, BRAC Bank, IDLC Finance, Square Pharmaceuticals, and Walton Hi-Tech Industries.

A leading global ESG rating organisation, Bloomberg assesses firms by selecting pertinent, measurable data from their standard sustainability reports.

Among the Bangladeshi firms, Grameenphone received the highest score (39.6), followed by BAT Bangladesh which holds the second position with a score of 35.4. Marico Bangladesh got a score of 34.9, BRAC Bank 33.1, IDLC Finance 31.1, Square Pharmaceuticals 26, and Walton 23.7.

In a statement, Sudesh Peter, head of Legal and External Affairs, BAT Bangladesh, said, "Beyond merely pioneering initiatives, BAT Bangladesh takes pride in its significant impact on reshaping the Environmental, Social, and Governance (ESG) landscape within the country."