Commercial Bank wins 4 CSR/sustainability awards from CMO Asia Council
View(s):The Commercial Bank of Ceylon won four awards at the Sri Lanka Marketing, HR and CSR Leadership Awards presented in Colombo last week by the CMO Asia Council.
The bank received the awards for Best Use of CSR Practices in Banking and Finance; Developing Sustainability Strategies; Concern for Health; and Support and Improvement in Quality of Education, all in the sphere of Corporate Social Responsibility, it said in a media release.
The CSR Leadership Awards recognise corporate entities and individuals that have made a significant and positive impact on the lives of people around them, through their involvement in corporate social responsibility programmes that respect communities, the environment and people. Commercial Bank received the most number of awards for CSR and Sustainability won by a single entity at this ceremony.
Education is the flagship initiative of the bank’s CSR Trust. Over the years the bank has made an immense contribution towards the Sri Lankan education system by donating over 175 IT laboratories to needy schools, awarding of scholarships to 350 undergraduates, commencing the revolutionary online learning platform “Sipnena’ which allows students to learn subjects online, commencing hardware training programmes that focus on employability of school children and most recently by spearheading the “Smart School” initiative which will completely reform the traditional classroom, the release said.
Under healthcare,the release said the bank has played a key role in providing infrastructure and critical care equipment to over 50 children’s and maternity hospitals owned by the government. The bank said it aims to support the state healthcare system by providing assistance to most needy hospitals and will continue its efforts to secure the health of the future generation through its healthcare initiatives.