Business
Combank wins 4 awards at Best Corporate Citizen Sustainability Awards
The Commercial Bank of Ceylon was recognised with four awards including the award for the second runner-up overall at the Best Corporate Citizen Sustainability Awards presented by the Ceylon Chamber of Commerce.
The Bank won the Sector Award for Best Performance in the Financial Sector, the category award for Best Performance in Governance, and was presented an award for being among the Top 10 Best Corporate Citizens in Sri Lanka, in addition to its second runner-up award.
The Financial sector award recognised Commercial Bank’s position as the most progressive banking institution in the country and its commitment to preserving the environment through responsible lending protocols. The Bank pioneered a mandatory social and environmental screening process for its project lending activities and was the first bank in Sri Lanka to venture into Green Financing. It also revolutionised digital banking by introducing features in its ‘Flash’ mobile application to measure and offset customer impact on the environment.
The Best Corporate Citizen Awards acknowledged the 10 corporate entities that have adopted the most outstanding sustainability practices.