Dhaka : IPDC Finance PLC. has been recognized as the Top Sustainable Finance Company in the Bangladesh Bank Sustainability Rating 2024, reaffirming its position as a pioneer in promoting sustainable, ethical, and responsible finance in Bangladesh’s financial sector, according to a press release.
This recognition not only marks another milestone in IPDC’s journey but also reflects its unwavering commitment to embedding sustainability into the core of its business philosophy and operations. Institutions are assessed through a rigorous, multi-faceted framework that delves deep into critical arenas such as sustainable and green finance, pioneering green refinance initiatives, the seamless integration of sustainability into core banking operations, impactful corporate social responsibility (CSR) endeavors, and the dynamic expansion of inclusive banking services. In this exhaustive evaluation, IPDC Finance has not merely excelled, it has set a shining benchmark of visionary leadership, unwavering commitment, and unparalleled excellence across every parameter. Bolstered by a robust financial foundation and exemplary corporate governance, IPDC has ascended to the pinnacle of recognition, standing head and shoulders above its peers as a true trailblazer in sustainable and responsible finance.
Rizwan Dawood Shams, Managing Director of IPDC Finance PLC. said, “We are deeply honored to receive this prestigious recognition from Bangladesh Bank. We convey our heartfelt gratitude for their guidance, leadership, and steadfast commitment to fostering a culture of sustainability in the financial sector. This acknowledgment validates that our efforts are not only aligned with national and global sustainability priorities but are also delivering meaningful impact. Sustainability at IPDC is not an isolated initiative, it is integrated into the heart of our business, influencing how we think, operate, and serve our stakeholders. We remain firmly dedicated to driving positive change and creating value for the environment, the economy, and society.”
This recognition is a testament to IPDC’s holistic, future-focused sustainability strategy, which goes beyond compliance to actively create a meaningful impact. IPDC has continued to design and offer innovative green financing solutions that enable businesses and individuals to transition towards more sustainable practices. Through green refinancing partnerships, IPDC has been supporting sectors that promote renewable energy, energy efficiency, green infrastructure, and environmentally responsible industrial practices.
Moreover, IPDC’s sustainability journey is deeply intertwined with its broader mission to drive financial inclusion, empower women entrepreneurs, and strengthen the CMSME (Cottage, Micro, Small, and Medium Enterprises) ecosystem, which plays a crucial role in ensuring inclusive and equitable economic growth. The institution’s commitment to maintaining strong capital adequacy, sound governance, and responsible lending practices further demonstrates its dedication to building resilience within both the organization and the communities it serves.
In this year’s sustainability assessment, a total of 10 banks and 2 finance companies have been recognized. IPDC’s distinction among these institutions highlights its proactive, impactful, and pioneering approach to sustainability, setting new benchmarks for others within the industry to follow. This achievement reinforces IPDC Finance PLC’s steadfast commitment to shaping a more resilient, inclusive, and sustainable financial ecosystem in Bangladesh. It further strengthens IPDC’s vision to be a catalyst for positive change, empowering people, communities, and enterprises to thrive in a more sustainable future.
