MTB launches its tenth annual sustainability report

Mutual Trust Bank PLC (MTB) proudly announces the launch of its 10th Annual Sustainability Report for 2023, following the Global Reporting Initiative (GRI) standards.

Since 2014, MTB has consistently adhered to GRI standards, establishing itself as a pioneer in transparent and comprehensive Environmental, Social, and Governance (ESG) reporting in the banking sector. The tagline for this milestone publication, "A Decade of Sustainable Commitment," reflects MTB's enduring dedication to sustainability.

The report highlights MTB's efforts to address ESG priorities while delivering long-term value to stakeholders. It underscores the bank's initiatives in green financing, environmental stewardship, governance, and social responsibility, setting benchmarks for the financial industry.

The launch event was graced by distinguished guests from Bangladesh Bank, including Chowdhury Liakat Ali, Director, and Joint Directors Ahmed Zubaer Mahbub and Md—Kamrul Hasan from the Sustainable Finance department. MTB's Managing Director and CEO, Syed Mahbubur Rahman, Additional Managing Director and group Chief Risk Officer Chowdhury Akhtar Asif, and members of the bank's Senior Management Committee also attended the event. The launch was followed by a capacity development program on climate-related risks and opportunities.

Chowdhury Liakat Ali, Director of Bangladesh Bank's Sustainable Finance Department, praised MTB's proactive approach to embedding sustainability in its operations and expressed his delight at this remarkable milestone. He also emphasised the importance of capacity-building initiatives, which will enhance financial institutions' ability to manage climate risks and opportunities.

Syed Mahbubur Rahman, Managing Director & CEO of MTB, stated, "The launch of our 10th Sustainability Report reaffirms MTB's leadership in sustainable banking. We remain committed to driving innovation, green finance, and climate resilience through collaboration and transparency."

Chowdhury Akhtar Asif, Additional Managing Director, GCRO, and Chairperson of the Sustainable Finance Committee, expressed gratitude to Bangladesh Bank officials and participants, emphasising MTB's strong commitment to sustainability through its ESG initiatives, sustainable financing, and capacity-building efforts.

This report showcases MTB's governance, policies, and CSR initiatives and serves as a cornerstone and key instrument in promoting sustainability across its business, the environment, and the community. With a decade of sustainable commitment, MTB continues to lead the way in aligning its operations with global sustainability standards, fostering resilience, and contributing to a greener and more inclusive future.