BAT Bangladesh honoured with Green Excellence, ESG Investment Excellence awards
The company has received these prestigious awards in honour of its exceptional commitment towards Environmental, Social, and Governance (ESG) practices
Tribune Desk
Publish : 05 Jan 2022, 07:33 PMUpdate : 05 Jan 2022, 07:33 PM
BAT Bangladesh earns the distinction of being the first company in the country to receive the prestigious Social Caring Pledge (SCP) Awards 2021 in the categories of "Green Excellence" and "ESG Investment Excellence."
The company has received these prestigious awards in honour of its exceptional commitment towards Environmental, Social, and Governance (ESG) practices, reads a press release.
The Social Enterprise Research Academy (SERA) presents the SCP Awards to those business leaders and organizations that have demonstrated exceptional performance and perseverance in promoting the UN Global Compact's six core principles through their social caring attitudes.
In a statement, the Managing Director of BAT Bangladesh Shehzad Munim said: “We are pleased to have won the SCP Awards in two categories this year. In all our actions, we keep ESG at the front and centre. Such widespread acknowledgement of our work constantly motivates us to collaborate with communities and stakeholders to build a better tomorrow.”
BAT Bangladesh has been in operation for 110 years, and the company has taken several initiatives to educate its farming community about environmentally friendly and sustainable agricultural practices for boosting soil fertility, conserving water, and decreasing pollution.
BATB’s flagship ESG initiative, the country's largest private-sector-led afforestation program, has given approximately 115 million seedlings to beneficiaries free of cost.
A project aimed at providing safe drinking water free of arsenic and other impurities to over 270,000 beneficiaries from rural communities is also part of the Company's ESG initiative portfolio and so is a renewable energy project that provides solar electricity to the households of over 15,000 people in off-grid remote villages in the Chittagong hill tracts.
The company’s ambitious vision for minimizing its operational impact on the environment includes the elimination of unnecessary single-use plastic from its operational sites, zero waste to landfill initiatives, water recycling, and a drive towards achieving carbon neutrality.
BAT Bangladesh honoured with Green Excellence, ESG Investment Excellence awards
The company has received these prestigious awards in honour of its exceptional commitment towards Environmental, Social, and Governance (ESG) practices
BAT Bangladesh earns the distinction of being the first company in the country to receive the prestigious Social Caring Pledge (SCP) Awards 2021 in the categories of "Green Excellence" and "ESG Investment Excellence."
The company has received these prestigious awards in honour of its exceptional commitment towards Environmental, Social, and Governance (ESG) practices, reads a press release.
The Social Enterprise Research Academy (SERA) presents the SCP Awards to those business leaders and organizations that have demonstrated exceptional performance and perseverance in promoting the UN Global Compact's six core principles through their social caring attitudes.
In a statement, the Managing Director of BAT Bangladesh Shehzad Munim said: “We are pleased to have won the SCP Awards in two categories this year. In all our actions, we keep ESG at the front and centre. Such widespread acknowledgement of our work constantly motivates us to collaborate with communities and stakeholders to build a better tomorrow.”
BAT Bangladesh has been in operation for 110 years, and the company has taken several initiatives to educate its farming community about environmentally friendly and sustainable agricultural practices for boosting soil fertility, conserving water, and decreasing pollution.
BATB’s flagship ESG initiative, the country's largest private-sector-led afforestation program, has given approximately 115 million seedlings to beneficiaries free of cost.
A project aimed at providing safe drinking water free of arsenic and other impurities to over 270,000 beneficiaries from rural communities is also part of the Company's ESG initiative portfolio and so is a renewable energy project that provides solar electricity to the households of over 15,000 people in off-grid remote villages in the Chittagong hill tracts.
The company’s ambitious vision for minimizing its operational impact on the environment includes the elimination of unnecessary single-use plastic from its operational sites, zero waste to landfill initiatives, water recycling, and a drive towards achieving carbon neutrality.