Standard Bank Limited (SBL) has been awarded Gold Rank for its Sustainability Report by the ‘Asia Sustainability Reporting Rating (ASRRAT)-2022'.
The National Centre for Sustainability Reporting (NCSR), Indonesia in collaboration with the Institute of Certified Sustainability Practitioners (ICSP) officially announced the results recently in Jakarta, Indonesia, reads a press release.
Md Touhidul Alam Khan, CEO of Standard Bank Ltd handed over the Gold Trophy to Kazi Akram Uddin Ahmed, chairman of the bank.
Executive Vice President and CFO of the bank Md Ali Reza, FCMA, CIPA was also present at the moment.
SBL has published its first-ever sustainability report using a set of ESG-linked indexes outlined by the Global Reporting Initiative (GRI), which is globally the most acclaimed sustainability reporting standard.
The initiative by the bank was taken towards the accomplishment of commitments of ensuring Shari'ah-based sustainable banking.
This sustainability report contains the economic, environmental, and social impacts of the bank caused by its everyday activities which also represents the bank's values and governance model and demonstrates the link between its strategy and commitment to a sustainable future economy.
Among the Islamic banks in Bangladesh, SBL has been awarded this type of international prestigious award by ‘Asia Sustainability Reporting Rating' for the first time in the country.
