BRAC Bank Unveils Bangladesh’s First Climate Risk Report Under IFRS Standards
BRAC Bank has published the country’s first independent IFRS S1 and S2 Report—a globally aligned framework for climate and sustainability risk disclosure developed by the International Sustainability Standards Board (ISSB).
With publication of the maiden IFRS Report, BRAC Bank becomes the only bank in Bangladesh, and one of the few globally, to adopt the newly introduced standards—positioning itself at the forefront of transparency, corporate responsibility, and climate governance both nationally and internationally.
Introduced in 2023, the International Financial Reporting Standards (IFRS) S1 and S2 standards provide a unified, investor-focused framework for disclosing sustainability- and climate-related financial information. BRAC Bank has taken a pioneering step by voluntarily int...