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- Newsroom - LC Packaging opens doors of its new HQ in The Netherlands LC Packaging proudly obtains EcoVadis Platinum CSR rating LC Packaging joins PREVENT Waste Alliance LC Packaging’s Bangladeshi production facility SA 8000 recertified LC Packaging helps female Bangladeshi employees gain control of their finances with digital salary payments NEW! Sustainability Update 2020 (GRI compliant) LC Packaging conducts UN Global Compact Advanced Communication on Progress Report 2020 LC Packaging COVID-19 Update Green Heart Campaign raises €2,750,- for social projects LC Packaging Joined Panel Discussion 2020 EcoVadis Sustain Conference interpack postponed until 2021 LC Packaging shortlisted for Sedex Responsible Business Awards LC Packaging presents Annual Report 2019 LC Supports Foundation facilitates Daycare facility for Bangladeshi employees New state-of-the-art headquarters for family company LC Packaging LC Packaging opens fair priced 'Happy Shop' at Bangladeshi production facility LC Packaging receives golden EcoVadis CSR rating LC Packaging publishes Sustainability Update 2019 LC Packaging conducts its UN Global Compact Communication on Progress Report 2019 LC Packaging and Veolia Netherlands team up to minimise waste related to flexible packaging on a global scale LC Packaging opens second Dutch-Bangla Pack Ltd. FIBC production facility in Bangladesh LC Packaging presents updated Global Supplier Code of Conduct Recycling initiative recognised by the UN Global Compact LC Packaging buys majority share in Hagens Verpakkingen First-of-its-kind waste recycling project in Bangladesh LC Packaging Wins FTA Diamond Award 2018 LC Packaging’s Bengali production location SA8000 recertified LC Packaging received the EFTA Flexo Innovation Award
LC Packaging helps female Bangladeshi employees gain control of their finances with digital salary payments

Digital salary payments DBPL

LC Packaging helps female Bangladeshi employees gain control of their finances with digital salary payments

To contribute to the further economic empowerment of women in Bangladesh and to improve their financial independence, LC Packaging’s SA8000 certified production facility Dutch-Bangla Pack Ltd. (DBPL) has implemented a digital payroll system for all of its Bengali factory employees.

With this system, every DBPL employee has been assigned a bank account to which their salaries are directly deposited. Additionally, all employees have been supplied with a chequebook and bankcard, allowing them to cash out their wages at their own convenience or to directly transfer funds to pay their bills. The bankcards can also be used for payments at the on-site fair priced supermarket; the Happy Shop.

Financial independence

Apart from transparency and control over their expenditure and savings, these digital payments give employees access to formal financial services, such as insurances and loans, which will give them more control over their own finances.

The expectation is that moving to digital wage payments will contribute to the further economic empowerment of female employees, by giving them greater control over how their money will be spent. As a final step of implementing the digital wage payments, an ATM booth has been installed right outside the gate of the DBPL production facility. Employees can use their bankcards for withdrawing and depositing money from this booth.

Female empowerment

Bangladesh has witnessed steady economic growth over the last decade and is gradually moving towards middle income status. That does not take away from the fact that– like many other countries – it is a patriarchal society in which women remain subordinate to men. However, women make up over half of the world’s population and the majority of the world’s poor. It is therefore important, and it makes sense, to address women and their economic empowerment and contribution when trying to reduce poverty and further the economic development of Bangladesh.

We strongly believe in empowerment of our employees and will continue to implement initiatives to further empower each and every one of them.

At Dutch-Bangla Pack Ltd., LC Packaging works daily on improving the well-being of our people through the Employee Commitment Programme. Our efforts have been acknowledged by the Sedex Responsible Business Awards.