As per the "Policy Guideline for Green Banking" issued by the GB & CSR Department of Bangladesh Bank on August 11, 2013, the Board of Directors of IPDC adopted the 'Green Banking Policy' in its 137th Meeting held on 14 May 2014.

IPDC has already formulated Green Banking Unit (GBU) headed by the Head of Corporate Investment.

IPDC has formulated and circulated the 'Green Office Guide' for the employee of IPDC. The purpose of this policy is to outline guidelines for more efficient management of resources and encourage IPDC employees to embrace “green” values by promoting a more environmentally friendly corporate culture, identifying steps for positive environmental action, developing sustainable procurement practices and conservation policies, and facilitating shifts towards a green mindset.

Apart from the Green Office Guide, the bank has a unique and very effective intranet system which is one of the best solutions for internal communication, information sharing, employee education and database management. It has features like e-notice board, online leave management facility, e-attendance for the employees.

Most of the communications within the Bank has become absolutely online. To further reduce the proportion of paper consumption, various communications are posted on the intranet with the aim to increase employee awareness on the subject. They include information on efficient and economic use of paper, such as both-side printing and reusing paper as much as possible. These are significantly saving the usage of paper and thus enabling IPDC to become a more environment friendly organization.

IPDC is utilizing modern facilities with a view to establishing fully IT-based Green Marketing System. As part of this, it has created SMS banking service. IPDC encourages its clients to communicate and to send documents through e-mail with a view to avoid printing and paper use.

IPDC has included Environmental Risk Policy with its regular Credit Manual in line with Credit Risk Management (CRM) guideline. Environmental risk, an innate element of credit risk, needs to be managed properly. With this end in view and in line with the guidelines of Bangladesh Bank (BB), Environmental Risk Management (ERM) Policy of IPDC has been prepared and included in ‘Credit Manual’ version: 5 dated 19 July 2014, contents of which are to be followed and abided by all concerned and reviewed under Environmental Due Diligence (EDD) checklists.

Allocation of Fund in the Budget for Green Banking BDT 30.00 million (for Green Finance BDT 20.00 million & Climate Risk Fund BDT 10.00 million)

There is a session on Green Banking activities in the training program arranged by Human Resources Development.

The Bank instructed to its branches to initiate workshop, seminar and customer get together to make aware them regarding their participation towards protection of the environment from different pollution and hazards.

There is a session on Green Banking activities in the training program arranged by Human Resources Development.

IPDC has been regularly reporting its green Banking activities to the Bangladesh Bank on quarterly basis since 2013. In view of highlighting our Green Banking activities and creating awareness amongst the stakeholders, a separate section has been incorporated in our Annual Report, website and other internal Publication for disclosing our Green Banking activities.