Standard Chartered Bangladesh has introduced several initiatives aimed at cutting down energy consumption and driving up efficiency across all of the bank's office spaces and branches.

The initiatives are designed to complement the government's recently announced conservation measures and are being implemented with immediate effect, a press release said.

"The world economy is experiencing more headwinds from the fallout of the Russia-Ukraine conflict, resulting in higher inflation and pressure on foreign exchange rates around the world. Bangladesh remains relatively resilient due to low external government debt and near self-sufficiency in our staple food," said Naser Ezaz Bijoy, chief executive officer of the bank.

"We can individually and collectively make a difference by helping our beloved nation avoid the slippery slope of a potential future crisis, just by making minor adjustments to our lives and in how we operate. Together, we can steady the ship and power Bangladesh forward," he added.