An Analysis of Green Banking Practices of Islami Bank Bangladesh Limited

Abstract

In the past Pollution, overpopulation, change in politics, change in calamity, deforestation, early marriage, child labor, etc. those all are the hindrance to our economic development. But at present our government and organization take some proper steps to recover this situation and green banking policy is one of them which is helps not only our economic sector but also our environment sector. And by this policy slowly but surely helps to assists our government to manage those issue. Green banking is not a new thing in Bangladesh. This study is all about green banking with considering Islami bank data to utilize their investment and return from green banking. Green banking is the investment in green activities like wastage management, solar energy, recycling, etc. this investment is not only helpful for the organization but also the country. Now the industry is increasing rapidly they are the main factor of development and also they took part on pollution. Green banking helps to recover this pollution as well as provide income sources by reengineering. This study aims to provide information about the importance of green banking, the Contribution of Islami bank, Economic development, and Bangladesh bank policy. Secondary data has been used to disclose the result. And the result of this paper shows that if every financial institution and business institution both come together to save our environment by considering green banking strategy, our country gradually becomes a developed country. Islami bank create a standard in their policy that is remarkable and inspiration for other organization. We could save our environment from destroying if we walk step by step toward the green way.