Dhaka, May 7 -- United Commercial Bank PLC (UCB) has signed a Memorandum of Understanding (MoU) with IVY Decarb Marketplace SL (IVY) under the theme, "Partnering for a Sustainable NZCE (Net Zero Carbon Emission) Future."

According to a press release, the partnership marks a significant step toward promoting sustainable business practices and supporting decarbonization efforts in Bangladesh's textile and garments sector. Under this collaboration, ITX Trading S.A. may contribute by providing strategic guidance, industry insights and global best practices related to sustainability, supply chain decarbonization and responsible sourcing.

Through this strategic collaboration, both organizations aim to facilitate access to green and climate-fo...