Tuesday, November 23, 2021

Commercial Bank wins‘Best Corporate Citizen Award’ for the first time

Commercial Bank of Ceylon PLC won the coveted ‘Best Corporate Citizen Sustainability Award 2021’ at an annual event organized by the Ceylon Chamber of Commerce, the country’s premier business chamber, to recognize sustainable champions of the local corporate world. Citizens Development Business Finance PLC and CBL Investments Limited (CBL Group) were adjudged the first and second runners-up of the competition, respectively.

Dilmah Ceylon Tea Company PLC walked away with the Category B ‘Best Corporate Citizen Sustainability Award 2021’, awarded to companies with an annual turnover below Rs. 15 billion, while BPPL Holdings PLC and Oxford College of Business (Private) Limitedwere awarded as first and second runners-up respectively, in this category.

This Award recognises the ten most sustainable corporates which have implemented outstanding sustainability initiatives under both ‘Category A & B’.

This year, the Top Ten awards include a joint winner, bringing the total number of winners to 11. Aitken Spence PLC, CBL Investments Limited (CBL Group), Citizens Development Business Finance PLC, Commercial Bank of Ceylon PLC, Dialog Axiata PLC, Dilmah Ceylon Tea Company PLC, Hatton National Bank PLC, National Development Bank PLC, Nestlé Lanka PLC, Sampath Bank PLC and Sri Lanka Telecom PLCwere recognised as the Top Ten Corporate Citizens of 2021.

Awarded to companies with the best performance in the three sustainability pillars of Planet (Environmental Sustainability), People (Social Sustainability) and Profit (Economic Sustainability), Nestle Lanka PLC won the Award for Environmental Sustainability, while Aitken Spence PLCand Dipped Products PLS were awarded the Social Sustainability and Economic Sustainability Awards respectively.

Nestlé Lanka PLC, won the Corporate Environmental Commitment Award for its corporate policies and business practices towards Environment and Social sustainability priority and the assignment of suitable individuals to manage and sustain such policies and practices, as well as the Environment Beyond Business Award for going the extra mile to safeguard the environment and ensure a cleaner and greener future together with relevant communities.

Dilmah Ceylon Tea Company PLC, won the Environmental Integration Award for its endeavors to reduce the environmental footprint via corporate decisions and the introduction of innovative technology to maintain environmental sustainability within the business, as well as the Customer Relationsfor continuing to set the benchmark for adopting engaging and strategic approaches to working with all stakeholders to achieve end goals.

Aitken Spence PLC and Citizens Development Business Finance PLC were joint winners of the Employee RelationsAward, for maintaining sustainable standards towards employees in all aspects and demonstrating engagement in their sustainability practices.

Aitken Spence PLC won the Community Relations Award for steps taken to highlight that corporate community relations activities are the Golden Key to the success of Corporate Social Responsibility.

 

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