City Bank PLC 2023 SR
The report highlights City Bank's commitment to sustainability under the theme 'Being the Change for Green.' In 2023, the bank surpassed central bank targets for sustainable and green finance, with disbursements reaching BDT 150,547 million and BDT 11,086 million respectively. City Bank became the first Bangladeshi bank to join the Net-Zero Banking Alliance, setting specific emission reduction targets for the RMG, Power, and Pharmaceuticals sectors by 2050. Social initiatives focused on financial inclusion through the City Alo women's banking platform and digital nano loans, while environmental efforts included expanding solar-powered branches and ATMs. The bank was recognized as a top sustainable bank by Bangladesh Bank for the fourth consecutive year.
Company: City Bank PLC
Sector: Finance & insurance
Country: Bangladesh
Year: 2023
Type: SR
Pages: 126
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City Bank PLC
Sustainability Report
The report highlights City Bank's commitment to sustainability under the theme 'Being the Change for Green.' In 2023, the bank surpassed central bank targets for sustainable and green finance, with disbursements reaching BDT 150,547 million and BDT 11,086 million respectively. City Bank became the first Bangladeshi bank to join the Net-Zero Banking Alliance, setting specific emission reduction targets for the RMG, Power, and Pharmaceuticals sectors by 2050. Social initiatives focused on financial inclusion through the City Alo women's banking platform and digital nano loans, while environmental efforts included expanding solar-powered branches and ATMs. The bank was recognized as a top sustainable bank by Bangladesh Bank for the fourth consecutive year.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Women on Board
Women in Management
Net Zero Target
Employees