- Ongoing macroeconomic uncertainty and external factors.
- Risks of cybersecurity breach and data loss.
- Evolving customer needs.
- Gaps in skills and knowledge within human resources.
- Non-compliance with laws and regulations.
- Growing competitive pressures and emergence of disruptive FinTech.
- Environmental and social risks.
BRAC Bank PLC
Greenhouse gas emissions & sustainability report data
In its 2022 reporting, BRAC Bank PLC disclosed greenhouse gas emissions of 646.6K tCO2e (Scope 1 & 2 from business loan portfolio). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
646.6K tCO2e (Scope 1 & 2 from business loan portfolio)
2022
Waste
135 tons (recycled paper)
2022
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2022 | 646.6K tCO2e (Scope 1 & 2 from business loan portfolio) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Recycled 135 tonnes of paper.
- Implemented a zero-waste policy regarding paper use.
- Installed solar panels in head office and branches.
- Increased the share of renewable energy in total power consumption.
- Implemented energy reduction initiatives and use of energy-efficient products.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Develop new products/services to generate additional income.
- Sustained growth in the SME sector.
- Digital innovation to be more competitive.
- Footprint coverage across the country.
- Financial inclusion through new products and channels for unbanked populations.
📅 Medium-term
- Implement tech-based solutions for faster customer onboarding, client service, and internal processes.
- Optimise client reach through existing distribution channels and adopt new digitised distribution networks.
- Introduce enriched hiring tools to improve person-job fit, reduce recruitment times, and lower hiring costs.
- Implement more elaborate analytics solutions for improved credit appraisal, faster customer acquisition, and forecasting needs.
- Expand digital lending.
🔭 Long-term
- Catering to the customers’ evolving needs with customised solutions.
- Strong focus on SMEs to ensure easy access to finance for the unbanked missing middle.
- Improve credit and collection processes to restrict NPLs within desired levels and further review policies and procedures to ensure portfolio quality in the backdrop of business growth objectives.
- Establish a detailed data strategy and initiate, among other things, a drive towards improved analytics for management reporting.
- Develop more measures to monitor and manage environmental footprint.
🌱 ESG Focus Areas
Financial InclusionSustainable FinancingDigital TransformationSustainable Business GrowthGood GovernanceEnvironmental SustainabilitySocial Responsibility