Transcom Group has contributed 0.5 percent of its profits to the Labour Welfare Fund, in accordance with the Bangladesh Labour Law 2006, as part of its corporate social responsibility.

This year, the company has credited an impressive Tk 12,530,486 to the fund, which will be used to support and uplift the lives of workers in need.

AHM Shafiquzzaman, secretary to the labour and employment ministry, received a cheque from Transcom Group in the capital on Sunday, according to a press release.

The cheque was presented by M Shabbir Ali, corporate head of human resources division, and Md Rafiqul Islam, head of human resources division, at Eskayef Pharmaceuticals Limited and HM Ruman Uddin, deputy manager of finance at Transcom Limited.

Shafiquzzaman applauded Transcom Group for its continued dedication to ethical business practices, emphasising the company's deep-rooted commitment to social responsibility.

He remarked that Transcom Group has always conducted its operations with integrity, following the principles set by the late founding chairman, Latifur Rahman.

He also added that this contribution is a testament to the ethical values that have shaped the company's success and sets a strong example for other businesses across the country, encouraging them to invest in the welfare of their workers.

The funds contributed by Transcom Group will be utilised by the Labour Welfare Foundation to provide much-needed assistance to vulnerable workers, including grants for the families of deceased workers, scholarships for children of workers, and support for emergency medical expenses.

These initiatives aim to offer both immediate relief and long-term support for workers who have contributed to the growth and success of various industries.

Transcom Group's pledge to continue such social initiatives highlights its unwavering commitment to the welfare of its employees and the broader community.

By setting an example of corporate social responsibility, the company encourages other businesses to prioritise the well-being of workers, ensuring a more sustainable and equitable future for all.

Md Munir Hossain Khan, deputy director of the Labour Welfare Foundation, along with numerous dignitaries and stakeholders from both the public and private sectors, were also present.