Commercial Bank wins ACCA Best Sustainability Reporting Award
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Overall winner at the ACCA Sri Lanka Sustainability Reporting Awards 2021 – Commercial Bank of Ceylon & Runner Up Dialog Axiata. Standing from left - MD/Group CEO of ComBank S. Renganathan, Chairman Member Network Panel ACCA Sri Lanka Nandika Buddhipala, Chairman ComBank Justice K. Sripavan, Chief Guest SDG Integration Specialist UNDP Sri Lanka Dulani Sirisena, Group General Counsel/VP of Dialog Axiata Trinesh Fernando and Head of ACCA South Asia Cluster Nilusha Ranasinghe.
Commercial Bank of Ceylon came on top in the sustainability stakes when it won the overall award for the Best Sustainability Report 2021, while Dialog Axiata was adjudged overall first runner up at the CCA Sustainability Reporting Awards 2021.
Commercial Bank also topped the Banking category in which Seylan Bank and National Development Bank (NDB) were joint runners up. Dialog Axiata won the General Services Category, ACCA said in a media release.
Hayleys and John Keells Holdings were the winner and runner up respectively in the Conglomerates & Diversified category, while Alliance Finance won the Financial Services & Insurance category with the runner up being Citizens Development Business Finance. Aitken Spence Hotel Holdings won the Leisure & Connected Services category, Talawakelle Tea Estates and Dilmah Ceylon Tea Company were the winner and runner up respectively in the Retail & Trading category while Oxford College of Business won the SME category with Resus Energy emerging Runner up.
“With these awards, ACCA
Sri Lanka has since 2004, striven to improve imperatives in sustainability reporting, giving credence to an organisation’s sustainability practices with recognition of the strong link between business strategy, corporate governance and sustainability. Worldwide, over 3,000 entities in 25 countries use a predetermined reporting methodology within Global Reporting Initiative guidelines. Companies across multiple sectors submitted reports for judging by an eminent panel of sustainability specialists – Sriyani Hulugalle, Ramani Gunatilaka, Dr. Kennedy Gunawardana and Dinesh Weerakkody led by Franklyn Amerasinghe,” the release said.
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