The Dhaka Times Desk BAT Bangladesh was awarded the prestigious Asia Corporate Excellence and Sustainability (ACES) Award 2022 in the category of 'Top Sustainability Advocates in Asia' as the only Bangladeshi organization.
The organization has been given this recognition for its positive role in environment, society and good governance (ESG) related areas.
Since its inception in 2014, ACES Awards is one of the most prestigious awards in the Asia region. ACICE has selected the best and most innovative organizations for its ninth edition, taking into consideration the unique innovations, capabilities of organizations across sectors and positive role in overcoming challenges.
Organizations initially shortlisted for the award went through a thorough evaluation and judging process spanning nine months; Where they have to submit various required information and give final interview.
In a statement regarding this, Morse (MORS) Group Chief Executive Mr. Shangari B. Said, “BAT Bangladesh as a sustainable business has shown how the right execution of long-term strategy has helped the organization to create a post-Covid future; Where the organization has focused on sustainable development in all their work.”
Mr. Shehzad Munim, Managing Director, BAT Bangladesh said, “Receiving this global award for two consecutive years is a matter of great pride for us. This recognition is a manifestation of our efforts to build a promising future with relevant communities and stakeholders.”
BAT Bangladesh has been operating in the region for 112 years and has been prioritizing sustainable development in all its endeavors. The company's ESG goals include ending the use of unnecessary single-use plastics, zero-waste-to-landfill, water recycling and moving towards carbon neutrality. The company aims to achieve carbon neutrality in its operations by ensuring 100% reliance on renewable energy by 2030 and zero carbon emissions across the entire value chain by 2050.
BAT Bangladesh takes the seriousness of the water crisis seriously and considers it a responsibility to ensure exemplary water management at all levels of the organization. In recognition of this, in 2022 it became the first company in the country to achieve Alliance for Water Stewardship (AWS) Core Certification for its Dhaka factory and green leaf threshing plant in Kushtia.
Since its inception, the organization has taken various steps to make farmers aware of environmentally friendly and sustainable agricultural practices to increase soil fertility, conserve water and reduce pollution. The company's notable ESG initiative, the largest plantation program conducted by the private sector, has distributed nearly 12 crore saplings for free across the country.
Besides, the institution has taken several initiatives for the development of the local community. These include a project to provide daily arsenic and other pollution-free water to more than 280,000 beneficiaries in rural areas and a renewable energy project that has provided solar power to more than 15,000 people in remote villages in the Chittagong Hill Tracts.
BAT Bangladesh believes that its ESG initiatives will contribute to building a promising future by creating a safe, productive and prosperous environment for the people of the country. News bulletins.
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