Catalyzing Climate Action Through Sustainable Finance
In today's rapidly changing world, where climate change and environmental risks pose significant challenges, Green and Sustainable Finance have emerged as powerful tools to drive the transition to a low-carbon, resilient economy.
Green Finance focuses on financing initiatives aimed at reducing greenhouse gas (GHG) emissions and promoting renewable energy sources. These efforts are crucial in preserving our ecosystems and ensuring a sustainable future for generations to come.
Sustainable Finance goes a step further, integrating Environmental, Social, and Governance (ESG) factors into investment and business decisions. By weighing social and governance considerations alongside environmental goals, sustainable finance creates long-term value for people, the planet, and businesses alike, driving inclusive economic growth that benefits everyone.
As one of Bangladesh's leading private commercial banks, BRAC Bank recognizes the critical role financial institutions play in channeling capital toward a greener, more resilient economy. Through our Sustainable Finance Department, we work to embed environmental and social considerations into our core banking operations — from green and sustainable financing to climate risk management and responsible lending practices. Our approach is shaped by Bangladesh Bank's sustainability and green finance guidelines, ensuring that our practices align with national priorities for environmental stewardship and inclusive growth.
At BRAC Bank, we are committed to supporting this transformation — helping businesses, communities, and individuals across Bangladesh build resilience against climate and environmental risks while fostering long-term, sustainable growth. Together, we can build a greener, more sustainable future for all.
Recognition
Sustainability Accolades & ESG Ratings
Milestones that reflect BRAC Bank's sustained commitment to climate finance and responsible banking.
Global Milestone: BRAC Bank Joins PCAF Climate Data Working Group
BRAC Bank PLC has been selected as a core member of the Partnership for Carbon Accounting Financials (PCAF)'s Global Climate Data Working Group, joining as the first Bangladeshi Bank alongside leading global financial institutions to help shape international climate data standards. This recognition reflects the Bank's sustained commitment to sustainable finance and reinforces its position as a thought leader in climate finance, both nationally and internationally.
Bangladesh's First Social Bond
BRAC Bank has issued the first-ever social bond of Bangladesh, aligned with the 2025 ICMA Social Bond Principles, marking a transformative step for financial inclusion in the country. The Bank will allocate 79% of proceeds to CMSME financing, prioritizing collateral-free loans to spark employment.
Ranked No. 1 in Bloomberg ESG Rating
BRAC Bank has achieved a major milestone by being ranked the No. 1 sustainable bank in Bangladesh by Bloomberg.
One of the Top Sustainable Banks for 5 Consecutive Years
For the fifth consecutive year, BRAC Bank has been named the Top Sustainable Bank by Bangladesh Bank — a recognition we've held since the Sustainability Rating began in 2020. It reflects our institutional strength in governance and responsible lending.
First Bank in Bangladesh to Independently Disclose IFRS S1 & S2 Report
BRAC Bank became the first bank in Bangladesh to independently disclose an IFRS S1 & S2 report according to the ISSB Standard.
Partnerships
DFI Engagement for Creating Social and Environmental Impact
BRAC Bank collaborates with leading global Development Finance Institutions (DFIs) to channel bilateral and multilateral finance into impactful socioeconomic and environmental initiatives across Bangladesh. The Bank directs this capital toward critical sectors, including Women Enterprise Development, MSMEs, Affordable Housing, Financial Inclusion, and Economic Resilience.
Impact in Numbers
Our Contribution to Environment and Climate Advancement
BDT 61,679 million
Green Finance Portfolio in 2026
BDT 592,815 million
Sustainable Finance Portfolio in 2026
BDT 247.09 million
CSR Expenditure
Solutions
Our Key Sustainable Finance Products
Sustainable products and services supporting the UN Sustainable Development Goals. Learn More →
01
Renewable Energy
Supporting solar, renewable energy projects and low-carbon technologies to reduce emissions and strengthen energy security.
02
Green & Environment-Friendly Establishments
Financing green buildings, sustainable infrastructure and environmentally responsible businesses and technologies.
03
Energy & Resource Efficiency
Supporting energy-efficient solutions, water efficiency, waste reduction, recycling and responsible resource use.
04
Green Agriculture
Financing climate-resilient farming, sustainable land use, efficient irrigation and resource-efficient agricultural technologies.
05
Circular Economy & Eco-Projects
Supporting recycling, waste management, eco-friendly production and sustainable material use to build a circular future.
06
Green CMSME Financing
Providing financing for SMEs to adopt cleaner production, energy-efficient machinery and environmentally sustainable operations.
07
Green Socially Responsible Financing (SRF)
Supporting initiatives that drive positive social impact, inclusive growth, community development and improved livelihoods.
08
Sustainable Advisory Support
Providing ESG guidance, climate risk support, regulatory compliance, green finance advisory and sustainability strategy support.
Capacity Building
Training and Capacity Building on Our Own Platform, ALO
At BRAC Bank, we prioritize continuous training to promote sustainability across our organization. We regularly organize internal and external training sessions to enhance our employees' and stakeholders' knowledge on sustainable finance, green banking practices, and ESG factors. Learn More →
BRAC Bank continued to strengthen its sustainability culture and embed ESG principles across the organization through ALO, the Bank's internal digital learning platform, by delivering a succinct training program on Sustainability and Sustainable Finance. In 2025, over 1,300 employees participated in the training.
By focusing on education and capacity building, we empower our employees to drive sustainability and support our green initiatives effectively.
Employee Training: Regular internal sessions to build understanding of sustainable finance principles.
Relationship Manager Training: Specialized programs to equip managers with expertise in green financing and sustainability.
Knowledge Sharing: Participation in national and international seminars, workshops and conference industry programs to stay updated on global trends.
Capacity Building: Ongoing development to ensure all employees are aligned with our sustainability goals.
Memberships
Our Affiliations
Support
Sustainable Finance Help Desk
In line with the regulations set forth by the Central Bank of Bangladesh, BRAC Bank has established 50 dedicated Sustainable Finance Help Desks across the country. These help desks are designed to provide quick and efficient support for customers seeking guidance on green products, sustainable projects, and related financing opportunities. Our team is always ready to assist in understanding the various aspects of sustainable finance, helping you access financial solutions that are environmentally responsible and aligned with global sustainability goals.
Through these help desks, customers can obtain detailed information on available green financing options, eligibility criteria, and the application process for sustainable finance initiatives. Whether you're looking to finance renewable energy projects, energy-efficient technologies, waste management solutions, or other eco-friendly ventures, our dedicated team is here to ensure your journey towards sustainability is smooth and efficient.
Our Support
Expert Assistance
Our knowledgeable staff at each help desk provides tailored advice on sustainable finance options that suit your business or personal project.
Guidance on Green Products
Get clear information on available green products, including renewable energy solutions, waste management systems, and eco-friendly technologies.
Application Support
Assistance with the application process for financing sustainable projects, ensuring compliance with all relevant regulations and eligibility criteria.
ESG Considerations
Learn how integrating Environmental, Social, and Governance (ESG) factors into your decision-making can help you achieve long-term sustainability goals.
Find Your Help Desk
Learn More → If you're interested in exploring sustainable finance solutions or need guidance on financing a green project, visit one of our 50 dedicated Sustainable Finance Help Desks across the country. Our experts are ready to help you navigate through the various financing options available and support you on your path to a more sustainable future. Feel free to contact us or visit any of the listed branches to get started on your sustainability journey today.
Source content notes this list should be presented as an interactive map. Shown below as a searchable branch grid until the map integration is added.
Satmasjid Road Branch
Panthapath Branch
Jatrabari SMESC Branch
Moghbazar Branch
Uttara Jashim Uddin Branch
Imamganj Branch
Mitford Branch
Shaymoli Branch
Jashore Branch
North Gulshan Branch
Motijheel Branch
Bonosree Branch
Rajshahi Branch
Rampura Branch
Progati Sarani Branch
Bijoynagar Branch
Dholaikhal Branch
Mirpur Branch
Mohammadpur Branch
Mirpur Section 01 Branch
Natun Bazar Branch
CDA Avenue Branch
Agrabad Branch
KazirDewri Branch
Halishahar Branch
Ashulia Branch
Badda Branch
Banani-11 Branch
Barisal Branch
Board Bazar Branch
Bogura Branch
Chuadanga Branch
Cumilla Branch
Demra Branch
Faridpur Branch
Islampur Branch
Khulna Branch
Madhabdi Branch
Maijdee Branch
Mohakhali Branch
Moulvibazar Branch
Mymensingh Branch
Narayanganj Branch
Pabna Branch
Rangpur Branch
Savar Branch
Sirajganj Branch
Sylhet Branch
Tangail Branch
Zinzira Branch
Risk Management
Environment and Social Risk Management System Policy
Our Environmental and Social Risk Management (ESRM) is a structured framework to identify, assess, mitigate, and monitor environmental and social risks across lending and investment activities, embedded as a core part of the Bank's overall risk management.
It is fully integrated into credit processes. Environmental and Social Due Diligence (ESDD) is conducted before disbursement, with ongoing monitoring by Relationship Managers and independent oversight through Credit Inspection. The Bank aligns its practices with Bangladesh Bank's ESRM Guidelines, CSR Guidelines, Sustainable Finance Policy, and Climate-related Disclosure Guidelines, and is working toward compliance with the new Climate Risk Management Guideline by 2027.
The ESRM framework covers:
Climate change and environmental impact
Natural resource use
Labor and human rights
Occupational health and safety
Community and social impacts
Responsible Lending
BRAC Bank's Exclusion List
We maintain an Exclusion List identifying activities we do not finance, regardless of commercial viability. This reflects global best practice followed by leading banks worldwide and is fully integrated into our values and credit risk process, ensuring every financing decision aligns with our commitment to responsible sustainable banking. Learn More (Download PDF) →
1Production or trade in any product or activity deemed illegal, banned, or restricted under international conventions
Such as pharmaceuticals, pesticides/herbicides, ozone-depleting substances, PCBs, wildlife, or products regulated under the Convention on International Trade in Endangered Species (CITES). References: UN list of banned chemicals and products; CITES list of endangered species.
2Forced Labour or Child Labour in Hazardous Working Conditions
Forced Labour means all work or service, not voluntarily performed, that is extracted from an individual under threat of force or penalty, as defined by ILO conventions, UNGC Principles and/or local legislation.
To address Child Labour, persons may only be employed if they are at least 14 years old, as defined in the ILO Fundamental Human Rights Conventions (Minimum Age Convention C138, Art. 2), unless local legislation specifies compulsory school attendance or a minimum working age — in which case the higher age applies.
3Products or activities subject to international phase-outs or bans
Ozone-depleting substances, PCBs, and other specific hazardous pharmaceuticals, and unauthorized manufacturing of pesticides/herbicides or chemicals.
Wildlife or products regulated under CITES.
Unsustainable fishing methods (e.g. blast fishing and drift-net fishing using nets over 2.5 km in length, deep sea bottom trawling, or fishing using explosives or cyanide).
Operations impacting UNESCO World Heritage Sites and/or Ramsar sites.
4Cross-border trade in waste and waste products
Unless compliant with the Basel Convention and the underlying regulations.
5Financing in Coal Power and Mining activities
Coal power.
Power generation from any power plant whose energy source, in whole or in part, is coal delivering power to the transmission or distribution grid.
Coal mining.
6Destruction of High Conservation Value areas
Destruction means (1) elimination or severe diminution of the integrity of an area caused by a major, long-term change in land or water use, or (2) modification of a habitat such that the area's ability to maintain its role is lost.
7Radioactive materials
This does not apply to the purchase of medical equipment, quality control (measurement) equipment, or any other equipment where the radioactive source is understood to be trivial and/or adequately shielded.
8Unbounded asbestos fibres
This does not apply to the purchase and use of bonded asbestos cement sheeting where the asbestos content is less than 20%.
9Pornography or prostitution
Not financed under any circumstances.
10Racist and anti-democratic media
Not financed under any circumstances.
11Commercial logging operations for use in primary tropical moist forest
Illegal logging, and logging operations or conversion of land for plantation use in primary tropical moist forests.
12Production or trade in wood or other forestry products other than from sustainably managed forests
Not financed unless sourced from sustainably managed forests.
13Production or trade in radioactive materials and unbounded asbestos fibres
Not financed under any circumstances.
14Activities impinging on lands owned or claimed by Indigenous Peoples
Without full documented consent of such peoples.
15Ship breaking / trading activities
Ships with prevalent asbestos use (e.g. passenger cruise ships).
Ships listed on the Greenpeace blacklist.
Ships not certified "gas free" for hot work.
16Products forming a substantial part of a company's primary operations or financed business activities
Alcoholic beverages (excluding beer and wine).
Tobacco.
Weapons and munitions.
Gambling, casinos, and equivalent enterprises.
17Brick production through Fixed Chimney Kiln (FCK)
Financing of any activities related to brick production through Fixed Chimney Kiln (FCK) is excluded.
Governance
Sustainable Finance Governance Structure
Sustainable Finance Committee (SFC)
In accordance with Bangladesh Bank guidelines, BRAC Bank has established a Sustainable Finance Committee (SFC) to provide structured oversight of ESG and sustainable finance initiatives. The Committee is chaired by the Managing Director & CEO and operates under the supervision of the BRMC. The SFC provides a cross-functional platform that ensures ESG integration across all key business areas, including risk, finance, operations, technology, and human resources.
Members of the Sustainable Finance Committee (SFC)
Chairman
Tareq Refat Ullah Khan
MD & CEO
Members
Syed Abdul Momen
AMD & Head of SME Banking
Mohammod Masud Rana, FCA
AMD & CFO
Md. Shaheen Iqbal, CFA
AMD and Head of Wholesale Banking
Ahmed Rashid Joy
AMD & Chief Risk Officer
A.S.M. Wasi Noman
AMD & Chief Information Officer
Md. Asif Bin Idrish
DMD & Head of Corporate, Commercial, & Institutional Banking
Md. Mahiul Islam
DMD & Head of Retail Banking
Sheikh Mohammad Ashfaque
DMD & Head of Branches
Abdullah Al Mamun
DMD and Head of Internal Control and Compliance
Monzula Morshed
DMD and Chief Human Resources Officer
Ekram Kabir
Chief Communication Officer
Indraneel Chattopadhyay
Chief Marketing Officer
Nazmul Ahsan, CFA
Head of Treasury
Member Secretary
Tashmeem Muntazir Chowdhury
Head of ESG & Sustainable Finance
Structure
Sustainable Finance Department
To advance its sustainability agenda and strengthen ESG integration across the Bank, BRAC Bank has established the Sustainable Finance Department (SFD) as the central coordinating body for sustainability-related initiatives under the guidance of the Sustainable Finance Committee. The Department is responsible for embedding sustainability considerations into strategy, operations, risk management and stakeholder engagement processes.
The Department operates through two dedicated wings: Learn More →
Wing
Primary Focus
ESG & Sustainable Finance Wing
Sustainable finance, ESG integration, sustainability reporting and climate risk management
Corporate Social Responsibility (CSR) Wing
Community development, financial inclusion and social impact initiatives
Disclosure
Our Approach for GHG Emission Accounting
BRAC Bank is committed to calculating and disclosing its greenhouse gas (GHG) emissions across Scope 1, Scope 2, and Scope 3, using the Partnership for Carbon Accounting Financials (PCAF) methodology. This commitment aligns with our broader sustainability goals and emphasizes transparency in our operations. Our GHG emission data, fully endorsed by PCAF, is publicly available on their website, providing full visibility into our progress and ensuring that our practices align with international reporting standards.
You can view our sustainability data on PCAF's website through this link.
Sustainability Report
To ensure transparency, consistency, and global comparability, our sustainability report has been prepared following internationally recognized sustainability reporting standards and frameworks, including:
✓Partnership for Carbon Accounting Financials (PCAF) Methodology
✓Bloomberg ESG Indexing and Disclosure Framework
Demonstrating leadership within Bangladesh's banking sector, BRAC Bank continues to strengthen climate-related reporting and carbon accounting practices. The Bank measures and reports Scope 1, Scope 2, and Scope 3 greenhouse gas (GHG) emissions using the PCAF methodology, ensuring transparent and standardized measurement of both operational and financed emissions.
