Written by The Banking Post
IPDC Finance PLC has been ranked the top sustainable finance institution in the Bangladesh Bank (BB) Sustainability Rating 2024, reaffirming its leadership in responsible and inclusive finance within the country’s financial sector.
This prestigious recognition underscores IPDC’s commitment to creating long-term value for the environment, economy, and society—an approach that extends well beyond regulatory compliance.
Driving Innovation in Green Finance
IPDC has rolled out a range of innovative green finance products that support renewable energy, energy efficiency, and environmentally responsible industrial practices. By leveraging partnerships under green refinancing schemes, the company has enabled businesses and individuals to transition to more sustainable operations.
Empowering Women and Small Enterprises
Financial inclusion remains a core pillar of IPDC’s strategy. The institution has significantly expanded its support for women entrepreneurs and CMSMEs, helping to bridge financing gaps and drive equitable economic growth across underserved communities.
Setting an Industry Benchmark
Bangladesh Bank’s 2024 sustainability rating evaluated 10 banks and two non-bank financial institutions (NBFIs) on a rigorous framework. IPDC’s top ranking among NBFIs establishes a new benchmark in sustainable finance.
The recognition reflects the company’s strength across key sustainability indicators including:
- Green and sustainable financing
- Integration of ESG (Environmental, Social and Governance) principles
- Impactful CSR programmes
- Inclusive banking services
The central bank’s sustainability rating—introduced in 2020—assesses institutions under five categories: Sustainable Finance Index, Green Project Financing, CSR Initiatives, Core Banking Sustainability Index, and Banking Services Coverage.
A Model for Ethical Finance
“This award from Bangladesh Bank is a powerful endorsement of our strategic focus on sustainability,” said Rizwan Dawood Shams, Managing Director of IPDC Finance PLC. “Sustainability is embedded in our DNA—it shapes the way we operate and how we serve all our stakeholders.”
With robust corporate governance and strong capital adequacy, IPDC continues to build a resilient, ethical, and inclusive financial ecosystem, championing responsible lending and long-term stakeholder value.
