BSS
  04 May 2024, 16:47
Update : 04 May 2024, 19:03

HSBC, BRAC university host climate series 'Together for Climate'

DHAKA, May 4, 2024 (BSS) - The Hongkong and Shanghai Banking Corporation 
Limited (HSBC) in collaboration with Re/Dress today organised the third 
edition of the climate series events titled "Together for Climate" at BRAC 
university (new campus). 

As a part of HSBC's sustainability efforts, this event focused on the pivotal 
topic of 'Circular Fashion: Retelling the Retail', aiming to raise awareness, 
encourage adaptation and drive actionable steps towards sustainability, said 
a press release here today. 

Scheduled as part of HSBC's ongoing commitment to fostering a sustainable 
future, the discussion delves into the transformative potential of circular 
fashion within the retail industry. The event featured industry leaders, 
entrepreneurs, designers, and startups, who shared their valuable insights 
and best practices for sustainable fashion. 

Coordinator and Designers of Re/Dress Teresa Albor and Bharat Pratap Singh, 
Founder and CEO of Denim Revive Jahidul Rakib, Director of Business and 
Operations of Reverse Resources Mumit Hasan, Senior Design Manager of Aarong 
Osman Gani Rinque, Founder and Designer of 6 Yards Story Lora Khan, 
Entreprenuer of Bangaj Bonani S Chowdhury and COO of HSBC, Bangladesh Devesh 
Mathur were present among the key speakers of the event. 

HSBC Bangladesh's COO Devesh Mathur said: "Our planet urgently needs drastic 
and lasting action to protect our communities, businesses and natural 
environment from the effects of climate change. At HSBC, we believe, by 
harnessing the collective efforts and expertise of various companies, 
institutions and individuals around us, our 'Together for Climate' series 
will spread awareness to help drive systemic change, influence policy 
decisions and create a momentum towards a more sustainable and resilient 
future. I would like to thank BRAC University for this wonderful 
partnership."

The programme brought together the champions of sustainability to drive 
discussions integral to achieving sustainability goals, share innovative 
ideas, and explore collaborative opportunities for advancing sustainability 
within the fashion industry. 

The event also focused on the topic titled 'Retelling the Retail: Tale of 
Circularity,' covered by Re/DRESS; 'Circular Economy in the Textile Sector' 
covered by Reverse Resource; 'Sustainable Fashion' covered by Taaga, Aarong 
and 'Entrepreneurs and their Sustainability Journey', covered by BRAC 
University.

HSBC Bangladesh has made significant contributions to sustainability by 
prioritising environmental responsibility and integrating sustainability into 
its core business practices. 

HSBC actively supports renewable energy projects and promotes sustainable 
finance and investments. 

The bank has pioneered many sustainable financial solutions in the market 
such as Sustainability Linked Loan (SLL), Social Loan, etc. HSBC has a global 
ambition to contribute in sustainable financing and to support its customer 
transition to more sustainable ways of doing business and bring own financed 
emissions to net-zero by 2050 or earlier. 

The bank has also set an ambitious target to become a net-zero carbon 
emission company by 2030. 

Through initiatives like 'Together for Climate', HSBC is driving positive 
change and contributing to a more sustainable future.