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HomeEventsMBM Group Publishes Its First ESG Report

MBM Group Publishes Its First ESG Report

MBM Group, a long-established company in Bangladesh’s ready-made garment sector, has released its first Environmental, Social, and Governance (ESG) Report. The report was launched at an event held at the Group’s Design Studio in Gazipur on Tuesday, February 3, 2026.

Founded in 1983, MBM Group has grown over four decades with a focus on responsible business practices. The company has gradually built systems around ethical governance, employee wellbeing, and long-term relationships with business partners and local communities.

The report has been prepared in line with the Global Reporting Initiative (GRI) Standards and aligned with the European Sustainability Reporting Standards (ESRS). It is based on a double materiality assessment and was developed with technical support from the Better Mill Initiative (BMI), implemented by Solidaridad Network Asia in collaboration with G-Star RAW and funded by the Netherlands Enterprise Agency (RVO).

The launch event was attended by sustainability partners, customers, and stakeholders, including representatives from Levi Strauss & Co., OVS, HSBC, BRAC Bank and JCPenney, among other strategic partners.

The report outlines MBM Group’s sustainability activities, key focus areas, and long-term direction. It describes how environmental management, social responsibility, and governance practices are incorporated into business operations.

During the reporting period, the company recorded progress in areas such as energy efficiency, workplace safety, employee development, and business stability. The report also sets out future goals toward 2030, with a focus on climate action, inclusive growth, and continuous improvement.

Senior management formally launched the report at the event, reinforcing the company’s intention to treat sustainability as a core business priority. The ESG Report is now publicly available on MBM Group’s website as part of its commitment to transparency.

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