On September 25, 2024, the SREUP Project under Bangladesh Bank hosted a significant workshop focused on Environmental and Social Reporting (E&S) standards for participating PFIs and their clients RMG factories financed by SREUP credit line for safety, social and environmental upgrades within the Ready-Made Garments (RMG) sector at FARS Hotel & Resort in Dhaka.

The event was chaired by Mr. Moni Shankar Kundu, Director (SREUP) and Project Director SREUP PMU, Bangladesh Bank and brought together representatives from RMG factories and Participating Financial Institutions (PFIs), including both Commercial Banks and Non-Banking Financial Institutions (NBFIs).

The sessions included an in-depth overview of Environmental & Social Risk Management (ESRM) and Environmental & Social Due Diligence (ESDD) led by key experts from SREUP Bangladesh Bank team and Global Coordination Consultant (GCC). Open discussions with RMG factories and Participating Financial Institutions (PFIs) provided a platform for collaborative feedback on reporting mechanisms, reflecting the program’s emphasis on transparency and stakeholder engagement.