12th BICM Research Seminar on Carbon Reduction
The Bangladesh Capital Markets Institute (BICM) organized the “BICM Research Seminar-12” on Tuesday, May 17 morning.
Dr Md Shahidul Islam, Lecturer in Accountancy at the University of Suffolk, delivered the keynote address titled “Are all institutional shareholders promoting investment in reducing carbon emissions? »
Dr. Prashanta Kumar Banerjee, Professor (Selection Grade), Bangladesh Institute of Bank Management, and Dr. Md Nurul Kabir, Associate Professor, North South University’s School of Business, were present as discussants, reads a press release.
BICM Director (Studies), Wajid Hasan Shah, chaired the seminar.
In the paper presented at the seminar, Md Shahidul Islam said, “Long-term institutional investment will reduce carbon emissions in the investing institution. Institutional investors will benefit from rising stock prices.
“Institutional investors help reduce carbon emissions by reducing energy use and consumption. The study was conducted on data from the United States to determine whether the carbon emissions of investing organizations have decreased through institutional investment.”
The seminar was opened by BICM Executive Chairman Prof Dr Mahmuda Akter.
Mahmuda Akter said that Bangladesh is one of the countries most affected by global warming.
She also highlighted the climate finance roadmap presented by Bangladesh at COP-26 held in Glasgow.
She added that in such a context, this type of research is very important for Bangladesh.
Speakers appreciated the research and at the same time called for conducting such research on Bangladesh.
The seminar brought together BICM faculty members, officials and other guests.