SAMPATH BANK PLC emerged as the winner of the ‘Best Corporate Citizen Sustainability Award 2015’, an annual event organized by the Ceylon Chamber of Commerce, the country’s premier business chamber to recognize the sustainable champions of the local corporate world.
Singer Sri Lanka PLC and National Development Bank PLC was awarded as the 1st and the 2nd runner up of the competition, respectively at the ‘Best Corporate Citizen Sustainability Award 2015’. The awards were given last night (26th November, 2015) (26th November, 2015) at the Cinnamon Grand Hotel, Colombo. The glitzy event was taken part by nearly 300 top executives of the corporate world, which also included the participants at the competition.
CATEGORY ‘B’ WINNERS
In the meantime, Citizens Development Business Finance PLC became the winner of the Category B ( Less than Rs. 15 billion turnover) while Laugfs Holdings Limited and Access Engineering PLC became the 1st and the 2nd Runner up of the ‘category B’, respectively.
TOP TEN CORPORATE CITIZENS
Sampath Bank PLC, Singer (Sri Lanka) PLC, National Development Bank PLC, Aitken Spence PLC, People’s Leasing and Finance PLC, John Keells Holdings PLC, Hatton National Bank PLC, Ceylon Biscuits Limited, Citizens Development Business Finance PLC and Sri Lanka Telecom were chosen as the TOP TEN Corporate Citizens of the year.
Meanwhile, Linea Aqua Private Limited won awards for their performance in the ‘Environmental Management and Financial Performance’ categories, while Aitken Spence won an award for ‘Environmental Integration.’ John Keells Holdings won twin awards for their contribution made via ‘Environmental Value Addition’ and ‘Community Relations’ categories. Ceylon Tobacco won a category award for ‘Employee Relations’. NDB Bank was awarded under the ‘Governance’ category while Laugfs Holdings PLC and Sri Lanka Telecom grabbed category awards for ‘Economic Contribution’. Sampath Bank PLC won an award for ‘Customer Relations’ under category awards.
TRIPLE BOTTOMLINE AWARDS
Triple Bottom-line Awards were presented to John Keells Holdings PLC, Sampath Bank PLC and National Development Bank PLC under the categories of Environment, Social and Economic Sustainability, respectively.
SECTOR BASED SUSTAINABILITY CHAMPIONS
While Sampath Bank PLC, Singer Sri Lanka PLC, Access Engineering PLC, Aitken Spence PLC and Ceylon Biscuits Limited became the sustainability champions of their respective sectors.
Aitken Spence PLC also won an award for the ‘Best Presented Application’.
BEST SUSTAINABILITY PROJECT AWARDS 2015
Cargills Ceylon PLC, Ceylon Biscuits Limited, Hidaramani Industries Private Limited and Link Natural Products private limited won awards for ‘Best Sustainability Projects carried during the year 2015, while 99x Technologies, Access Engineering, Allianz Insurance, Ceylon Biscuits, Lion Brewery and Quantum Clothing Sri Lanka won merit certificates under the same awards category.
Hon Karu Jayasuriya, Speaker of the Parliament graced the occasion as the Chief Guest, while Mr. Mark Devadason, Global Head of Sustainability, Standard Chartered Bank. Delivered the keynote speech.
Welcoming the guests, Chairman of the Ceylon Chamber of Commerce Mr. Samantha Ranatunga said, “This initiative, we believe helped Sri Lankan firms transformation to adapting to the ‘triple bottom line’ which was fast catching up in the global sphere. Since that initiation, I have witnessed a large number of Sri Lankan firms moving towards embracing the concept on their own, thus contributing each other’s share to a build a ‘sustainable future’.
Speaking further, Mr. Ranatunga also said, “over the past 12 years of the competition, firms who took part in this contest have shown commitment towards introducing sustainability practices in every aspect of business, they operate. This is encouraging, in an era where we also hear stories of corporate greed, unethical business practices, labor unrest over archaic labor rules and customer complaints, etc. emanating from the corporate world, which actually threatens the very existence of the triple bottom line concept”.
‘The Best Corporate Citizen Sustainability Award 2015,’ was held consecutively for the 12th year by the Ceylon Chamber of Commerce, and the competitors went through a thorough evaluation and a judging process conducted by a competent panel of evaluators and judges. (CCC Media Release)