GP Donates Taka 24.44 Crore to Labour Welfare Fund

Industry: Telecom, Telecom & Mobile
Company: Grameenphone Limited (GP)
Company Intelligence Tag: CSR Insights

Mobile phone operator Grameenphone has donated Taka 24.44 crore to the Bangladesh Labour Welfare Foundation Fund, highlighting its commitment to worker welfare and responsible corporate practices. This contribution, which accounts for 10 percent of the company’s Workers Profit Participation Fund (WPPF) for 2023, was presented during a ceremony attended by Labour and Employment Adviser Asif Mahmud Shojib Bhuyain.

Grameenphone’s Chief Human Resources Officer, Sayeda Tahya Hossain, emphasized the company’s dedication to nurturing a diverse and digitally skilled workforce, noting that this contribution aims to foster a safe and inclusive work environment for all employees. Under the Bangladesh Labour Act, companies are required to contribute 10 percent of 5 percent of their profits to the Labour Welfare Fund. Since its inception, Grameenphone has deposited a total of Taka 2,393,170,603 to the fund.

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