Brac has been ranked as the top NGO in the world for the third consecutive year in 2018 by NGO Advisor, a Geneva-based independent media organization. “We are deeply honoured to be ranked as the top global NGO for the third consecutive year,” Brac founder and Chairperson Sir Fazle Hasan Abed said in a press release marking the achievement on Monday. “This accolade belongs to all Brac staff for championing the Brac values of integrity, innovation, inclusiveness and effectiveness in everything we do. Our 110 million plus program participants worldwide, who play an active role in their own transformative journeys, are the real winners. We are inspired by their resilience and spirit to continue striving for a just and equitable world,” he added. Meanwhile, Brac Executive Director Dr Muhammad Musa said: “Dynamism is one of our core strengths. Brac goes beyond the traditional NGO definition and has a unique, integrated model to drive positive social change, including development programmes, social enterprises, investments and universities.” He further said that 2017 was a landmark year for Brac, as they put in extensive work to help manage the near one million displaced Rohingya from Myanmar. “We will continue to evolve and focus on a humanitarian development approach, to maximize the impact for both displaced people and host communities. In the long run, we aim to leverage our expertise to support people in crises anywhere in the world," the Brac executive director added. BRAC has an annual global expenditure exceeding $1 billion. The organisation is also unique in that the majority of its programmes are self-financed. In Bangladesh, more than 75% of its budget comes from its own social enterprises. In 2017, this was a key determinant for NGO Advisor, which noted this innovative cost-recovery model and focus on sustainability. In a statement, NGO Advisor Editor-in-Chief Jean-Christophe Nothias said: “For any organization to be a part of the top 100, not to mention the top ten, they need to score strongly in the three pillars of our methodology: innovation, impact, and governance. BRAC continues to chart new territory in all three, pioneering creative, cost-effective, and sustainable interventions that reach millions of the most vulnerable people worldwide." NGO Advisor ranks the top 500 NGOs each year to highlight outstanding organizations in the non-profit sector. It conducts exhaustive research, evaluates hundreds of NGOs against a rigorous set of criteria, and ranks these organisations according to a robust methodology. This marks the fourth time in last five years that BRAC has earned the number one ranking.