Bangladesh Bank recognises IPDC for sustainable excellence

IPDC Finance PLC has been recognised as the top sustainable finance company in the Bangladesh Bank Sustainability Rating 2024, reinforcing its leadership in responsible and inclusive finance in the country's financial sector.

This recognition highlights IPDC's excellence across key sustainability indicators, including green and sustainable financing, integration of ESG principles into core operations, impactful CSR activities, and inclusive banking services. The Bangladesh Bank rating, introduced in 2020, is based on a comprehensive framework that evaluates banks and NBFIs across five categories: Sustainable Finance Index, Green Project Financing, CSR initiatives, Core Banking Sustainability Index, and Banking Services Coverage.

Rizwan Dawood Shams, Managing Director of IPDC Finance PLC, said, "We are deeply honoured to receive this recognition from Bangladesh Bank. It validates our strategic focus on sustainability and our commitment to creating meaningful impact. At IPDC, sustainability is embedded in our DNA – it guides how we operate and serve our stakeholders."

IPDC's approach goes beyond compliance to create long-term value for the environment, economy and society. The company has introduced innovative green finance products supporting renewable energy, energy efficiency, and environmentally responsible industrial practices. Through partnerships under green refinancing schemes, IPDC has been enabling businesses and individuals to adopt sustainable operations.
In addition, IPDC has strengthened its focus on financial inclusion, particularly for women entrepreneurs and CMSMEs. The institution's efforts to improve access to finance and support underserved communities have played a key role in fostering equitable economic growth.

This year, Bangladesh Bank recognised a total of 10 banks and two non-bank financial institutions for their contributions to sustainability. IPDC's top ranking among these institutions sets a new benchmark in the industry.

The achievement reflects IPDC's broader mission to build a resilient, ethical and inclusive financial ecosystem. With a strong foundation in corporate governance and capital adequacy, IPDC continues to champion responsible lending and long-term stakeholder value.