Brac has been ranked as the number one NGO in the world this year by the Geneva-based NGO ADVISOR, an independent media organisation.
Committed to highlighting innovation, impact and governance in the non-profit sector, NGO ADVISOR made the announcement on their website on Sunday, reports UNB.
Ranked in the second position last year, Brac moved to the top spot in the 2016 Top 500 NGOs this year.
“This recognition is truly an honour,” Sir Fazle Hasan Abed, Brac founder and chairperson, was quoted in a statement issued by the NGO on the occasion.
“Brac staff works tirelessly to both innovate and apply proven solutions at scale to empower people worldwide living in poverty. It’s wonderful to see this dedication recognised.”
Brac was praised for its holistic approach to fighting poverty, treating it as a system of interrelated barriers that must be addressed concurrently.
The ranking also highlighted the organisation’s history of designing and implementing solutions at scale.
Other notable NGOs in the top 500 include Doctors Without Borders in the second position, Oxfam in the fifth, Save the Children in the ninth, and Grameen Bank in the 12th position.
NGO ADVISOR combines academic rigour with journalistic integrity and autonomy, evaluating each organisation based upon its objective merits.
Co-founded by Jean-Christophe Nothias, a journalist formerly with The Global Journal, the rankings methodology was first developed in 2009.
Over the years, Nothias enlisted experts at The University of Geneva and partners from the non-profit sector to improve the evaluation metrics.
Today, NGO ADVISOR presents its findings to an international audience of donors, volunteers, journalists, researchers, diplomats and non-profit leaders to showcase best practices and mirror the evolving the values of the global community.