Fakir Fashion Ltd., a leading vertically integrated knitwear manufacturer, was honored in the Excellence in Carbon Emission Control category at the ESG Excellence Awards 2026 on 5 September at La Vita Hall, Lakeshore Grand, Dhaka. The award recognizes the company’s sustained investment in lower-carbon manufacturing technologies.
Organized by UN Global Compact Network Bangladesh and the ESG Institute, the ceremony convened industry leaders and policymakers advancing sustainable development in Bangladesh. It was attended by the Honorable Minister for Environment, Forest and Climate Change, Mr. Abdul Awal Mintoo, alongside the Ambassadors of the European Union, Denmark, Sweden, and Australia.
The recognition reflects Fakir Fashion’s measurable progress in emission reduction, backed by tangible capital investments in clean energy and process efficiency. Key initiatives cited include:
- 4.5 MW solar power — preventing approximately 2,220 tones of CO₂ annually.
- 1 MW Battery Energy Storage System (BESS) — reducing emissions by 661 tones annually.
- Flue Gas Capture & Utilization Mechanism — capturing 2,176,860 m³ of flue gas annually.
- 350 TR Vapour Absorption Chiller — cutting natural gas use by 467,765 m³ and 901 tones of GHG emissions annually.
- 5.4-tonne Exhaust Gas Boilers — saving an estimated 2,056,320 m³ of natural gas annually.
The company credited the recognition to the leadership of Managing Director Mr. Fakir Kamruzzaman Nahid and Deputy Managing Director Mr. Fakir Wahiduzzaman Riyead, whose commitment to green initiatives has placed environmental responsibility at the center of the company’s growth strategy.
Looking ahead, Fakir Fashion plans to commission a 10-tonne biomass boiler, launch a carbon offsetting programme, and expand total solar capacity to 6.5 MW by 2030.
Representing Fakir Fashion at the ceremony were CEO Mr. Quazi Mohiuddin; CFO Mr. Mukit Ahmed, FCA, ACMA, CGMA; Head of Compliance & Sustainability Mr. Atiqul Islam Apu; and Sustainability colleague Mr. Ahmed Iqbal Quayyum.
“We see this recognition not as a destination, but as a mandate to go further, move faster, and raise the standard for sustainable manufacturing,” a company spokesperson said. “At Fakir Fashion, business growth and environmental responsibility are not separate ambitions — they are one shared commitment.”
