G4S has been recognized for its commitment to ensuring the well-being and development of its employees. The responsibility to care for employees and provide opportunities for growth has been emphasized as a core value, aligning with the group’s strategy to be a responsible business partner, employer, customer, and supplier.
The International Finance Corporation (IFC) and the Danish International Development Agency (Danida) have entered into a strategic partnership to establish the Bangladesh Climate Advisory Partnership (B-CAP). This transformative initiative is designed to enhance climate-smart private investment in Bangladesh’s key sectors, focusing on reducing carbon emissions and greenhouse gasses.
The Future Supplier Initiative has debuted an innovative collective financing model in Bangladesh, joining forces with four leading fashion companies to support apparel suppliers in their journey towards decarbonisation. H&M Group, Gap Inc, Mango, and Bestseller have signed on to this groundbreaking programme, as announced on Thursday.
Sharjah Charity International has announced a new initiative to raise funds for the installation of 10 electric wells in Bangladesh, as part of their activities during the ten days of Dhul-Hijjah. Mohammed Abdulrahman Al Ali, Director of Project Management and External Aid, revealed that the campaign aims to collect 99,500 dirhams to provide clean drinking water to remote areas suffering from severe water scarcity.
Mutual Trust Bank PLC (MTB) has been bestowed with the prestigious “Best Bank in CSR – Bangladesh” award by Business Tabloid Magazine, underscoring its steadfast commitment to Corporate Social Responsibility (CSR) initiatives. This accolade recognizes MTB’s pioneering efforts in advancing the Education, Healthcare, Environmental sustainability, and Disaster Management sectors within the country.
Southeast Bank PLC recently extended its support to farmers by allocating a special CSR fund for agricultural purposes, including cultivation and the procurement of farming machinery.
Dynamic Sun Energy (DSE) Private Ltd and the Asian Development Bank (ADB) have inked a financing deal totaling $121.55 million. The agreement aims to construct and manage a 100-megawatt (MW) solar photovoltaic power plant in Pabna, a district situated in northwest Bangladesh.
In Bangladesh, the potential of Zakat alone could soar to nearly $9.8 billion, as per a recent study. Religious scholars emphasize leveraging the generosity of Muslims globally to aid the country’s climate change adaptation efforts.
The inception of Islami Bank Bangladesh PLC in 1983 marked the beginning of the journey of Islamic banking in Bangladesh. Over the past four decades, Sharia’h-based banking has not only gained popularity but has also become a cornerstone of the nation’s economy. With its emphasis on service-oriented, financially inclusive, and Shariah-compliant banking, this sector has played a pivotal role in supporting entrepreneurial activities and fostering economic growth nationwide.
Social activists and monitoring groups have joined forces to call on the Asian Development Bank (ADB) to increase its support for renewable energy initiatives in Bangladesh. Under the banner “Protect People and Planet Over Profit,” they convened at Hotel Safe Garden in Rajshahi city to emphasize the importance of ensuring a fair and equitable transition to sustainable energy sources.
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