Sustainability
Who We Are
Sustainability is one of the pillars of BPCL’s business and a main aspect of its organizational culture. Development at BPCL is based on the Triple Bottom Line model, meaning our continued commitment to the economic, social and environmental development of the communities we operate in. We are committed to: work towards the development of the society surrounding us, and strive to minimize our environmental footprint, improving conditions in surrounding areas, thus providing a better way of life for everyone.
At the core of our Sustainability strategy, we made a concerted effort to integrate the United Nation Sustainability Development Goals (UN SDGs) into our business decisions.
BPCL’s commitment to the environment drives the firm to establish actions and take measures that reduce its carbon footprints. The food-grade PET resin produced by BPCL requires 75% less energy than that used to produce virgin resin. BPCL is committed to the protection and improvement of the environment, and therefore comply with current laws and many other requirements that the organization subscribes to regarding ecological and environmental matters, including the rational and efficient use of resources.
Key objectives in this regard include:
Reducing carbon footprint:
- Use renewable energy sources.
- Reduce greenhouse gas emissions.
- Implement new technologies to reduce energy consumption.
Reducing water footprint:
- Improve efficiency of water usage.
- Neutralization and conservation of water sources.
- Replace and treat water used in the manufacturing process.
- Participate in protecting natural water bodies.
Curbing generation of waste:
- Reduce waste generation.
- Recycle waste generated by our processes.
Waste Treatment Plant:
- Current installed capacity is 5 m3/hr. We reuse 90% of the water through the Waste Water Treatment Plant (WTP)
Packaging:
- Use of sustainable materials.
- Reduce packaging.
- Reuse packaging
Our plant has ensured sustainable and resilient infrastructure to promote inclusive and self-bearing industrialization. With extensive scientific research and technological capabilities, we encourage innovation and raise Bangladesh’s export and employment share.
Social Sustainability Plan
Scavengers in Bangladesh have low incomes, mainly because industry usually does not purchase recyclables directly from them because its minimum volume demands are beyond what most scavengers can provide and because the materials still need to be sorted, cleaned and baled, adding other labor costs for the purchaser. In the usual supply chains, middlemen obtain high profits by paying low prices to scavengers. Circumventing the middlemen is a goal for many organized scavengers. BPCL will intervene in the market to break this trend, purchase PET directly from scavengers, at a fixed price, in its hubs.