A Holistic Approach to Sustainability
Through the BIBD Sustainability Framework, we strive to be a catalyst of change in the nation, by being a responsible business that actively works to make the world a better place.
Maqasid Shariah
As an Islamic financial institution, BIBD has always been guided by the Maqasid Shariah, which speaks to the preservation and promotion of faith, life, the mind, of progeny and of wealth.
Realising that the Maqasid cannot be attained without the support of other objectives, BIBD adopts a Whole of Nation approach, working with the relevant stakeholders in the government, private sector as well as the community, in ensuring that each objective can be attained, leading to the creation of our ideal society.
United Nations Sustainable Development Goals
BIBD’s approach to sustainability is strongly aligned with the 17 United Nations Sustainable Development Goals (UN SDGs).
Through our business activities and Corporate Social Responsibility initiatives, we will continue to find ways to complement the Government’s efforts to achieve the UN SDGs and Brunei Vision 2035.
Preservation of Life
Preservation of Faith
Preservation of Intellect
Preservation of Lineage
Preservation of Wealth
BIBD's Sustainability Framework
Launched in October 2021, the BIBD Sustainability Framework marks the Bank’s clear focus and strategic decision to support a wider commitment to sustainability which will be adopted into BIBD’s overall business strategies through 3 pillars, namely Environmental Protection, Responsible Entrepreneurship and Inclusive Social Impact.
The Sustainability Framework is strongly aligned with the Maqasid Shariah – our fundamental principles and values that shape us as an Islamic Financial Institution – and a wider set of principles; the 17 United Nations Sustainable Development Goals. Supporting these principles is also deeply intertwined with our ‘Bruneian at Heart’ DNA that aims to preserve the well-being of our people and society.
Environmental Protection
Preservation of Life
Preservation of Lineage
Responsible Entrepreneurship
Preservation of Life
Preservation of Wealth
Inclusive Social Impact
Preservation of Intellect
Preservation of Faith
Preservation of Life
Preservation of Wealth
Meragang Beach Clean Up
2021
Over 80 BIBD staff participated in a beach clean up campaign held at Meragang Beach to support the Coastal Marvel event held in conjunction with World Environment Day.
Tree Planting Initiative
April 2022
BIBD kicked off a nationwide tree planting initiative as part of our #SME360SustainableNation campaign, which aims to raise awareness on the importance of climate action. 520 trees were planted by volunteers and stakeholders in all 4 districts, with a goal to plant up to 2000 trees by the end of 2022 as BIBD supports the Brunei National Climate Change Council’s goal of Net Zero by 2050.
Partnership for the Goals
May 2022
BIBD marked a significant milestone by becoming the first private organisation to officially partner with the Brunei Darussalam National Council on Climate Change (BDNCCC) through an MOU to cooperate on climate action.
Plastic Free Brunei
April 2021
As part of our support for the UN SDG’s and complementing the Government’s efforts to achieve Brunei Vision 2035, BIBD handed over 1500 pieces of reusable shopping bags at various Gerai Ramadhan at the Sultan Haji Hassanal Bolkiah Stadium and Bandar Seri Begawan. Through this intiative, BIBD hopes to raise awareness on sustainable practices and promoting responsible consumption and production.
Sustainable Development Goals in Action
Click on goal to find out more
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