July 8, 2025

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Environment Advisor Urges Banks to Drive Sustainable and Green practices

Syeda Rizwana Hasan, Advisor for Environment, Forest and Climate Change, emphasized the importance of integrating sustainability into business practices, noting that financial institutions play a key role in promoting responsible investments. Sustainability is no longer a choice but a necessity. Banks are pivotal in ensuring that financial flows support sustainable development, green growth, and climate resilience, she said. She also asked banks not to lend money to habitual polluters.

Environment Adviser said this as the chief guest in the BRAC Bank’s official launch of its Sustainability Report 2023, titled “Bloom into the Future,” on Thursday (17 October 2024) at a ceremony held at the InterContinental Dhaka.

Environment Advisor said that the report, “Bloom into the Future,” highlights the Bank’s commitment to sustainable banking, focusing on reducing its carbon footprint, supporting green financing, and promoting responsible business practices. It outlines the bank’s efforts in aligning with the United Nations Sustainable Development Goals (SDGs) and contributing to Bangladesh’s environmental and social development. She urged more private sector companies to adopt sustainability frameworks and work towards a greener, more equitable future.

Nurun Nahar, Deputy Governor of Bangladesh Bank, Meheriar M Hasan, chairman of Brac Bank, Selim R. F. Hussain Managing Director of BRAC Bank also spoke in the occasion.

The event was also attended by leading figures from various sectors, including government officials, corporate leaders, and sustainability advocates, development partners, who praised BRAC Bank’s leadership in promoting sustainable finance and green practices.

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