Photo: Collected
Standard Chartered Bangladesh was recognised as the “Best Bank for Sustainable Finance” in Bangladesh at the “Asset Triple A” Sustainable Finance Awards 2024.
This prestigious honour underscores the Bank’s unwavering commitment to sustainability, and innovation, and to driving positive change within Bangladesh's dynamic financial landscape, according to a press release.
SCB recently received this recognition for financing environmentally friendly manufacturing; executing the nation’s first Green Bond and Green Zero-Coupon Bond; extending agriculture credit; and launching several comprehensive community engagement initiatives.
SCB CEO Naser Ezaz Bijoy said, “Bangladesh stands at a critical juncture – balancing rapid economic growth with pressing environmental and social challenges.”
“The sustainable finance is a powerful catalyst for addressing these challenges, aligning financial activities with environmental, social, and governance principles to create lasting value,” he said.
“It is predicted that the value of this market will grow by 20 percent a year for the next decade to reach almost USD $30 trillion by 2032,” Naser said.
Messenger/Sumon