BRAC Bank has once again reinforced its leadership in sustainability with two prestigious recognitions from both global and local institutions.
The bank has secured the Number 1 position in Bloomberg’s ESG Rating 2024 among all Bangladeshi organisations, marking the third consecutive year it has been recognised, consistently ranking within the top ten organisations.
At the same time, Bangladesh Bank has named BRAC Bank one of the top sustainable banks for the fifth consecutive year.
Bloomberg’s ESG Rating 2024 placed BRAC Bank at the very top with an overall score of 3.8, comprising Environmental (1.76), Social (5.83), and Governance (3.07).
This positioned the bank ahead of IDLC Finance (3.51) and City Bank (2.64), outperforming even multinational companies operating in Bangladesh.
This recognition marks the third consecutive year BRAC Bank has been featured among Bloomberg’s top ten organisations for ESG Performance.
This global recognition is attributed to BRAC Bank’s transparent disclosure of carbon emissions and governance benchmarks through its Sustainability and Impact Report 2024, IFRS S1 & S2 Report 2024, and Annual Report 2024.
The bank also leads the market in sustainable financing, with BDT 50,215 crore in sustainable finance outstanding as of December 2024, representing 82% of its total asset portfolio.
For the fifth consecutive year, Bangladesh Bank has recognised BRAC Bank as one of the top sustainable banks in the country. The bank also secured an “Excellent” rating from the central bank, alongside two other leading banks.
