Standard Chartered Bangladesh has claimed the “Renewable Energy Adoption Award – Bangladesh” at the ESG Business Awards 2023.
The Bank’s Solar Village project with Friendship was recognised by the award committee for elevating the quality of life and building community resilience for all 750 residents of Kurigram’s Ghughumari Char.
Under the project, the remote island’s infrastructure has been upgraded to include a 54-kilowatt solar micro-grid and 60 tube wells. The Bank and Friendship have also planted 1,350 saplings across the island to bolster climate resilience.
By providing access to essential resources, the Bank is lifting participation amongst marginalised individuals and is helping to build a sustainable community that lives in harmony with nature.
Bitopi Das Chowdhury, Head of Corporate Affairs, Brand & Marketing, Standard Chartered Bangladesh, said, “Located 15 kilometres away from the mainland and disconnected from our national grid, Ghughumari is a shining example of how reliable renewable energy can have a transformative effect on hard-to-reach communities. ”
Runa Khan, Founder and Executive Director, Friendship, said, “The 'Renewable Energy Adoption Award' is a testament to Friendship SPO (Social Purpose Organisation) and Standard Chartered Bangladesh's collaborative effort, illustrating responsible renewable energy opportunities.