Alliance Finance Company PLC (AFC) has been recognised as the Runner-up in the Other Financial Services Category at the ACCA Sri Lanka Sustainability Reporting Awards 2024\/25.<\/p>\n\n\n\n
According to the official Judges\u2019 Report, AFC\u2019s recognition was attributed to the issuance of Sri Lanka\u2019s Green Bond and the dual listing of its Green Bond on the Luxembourg Stock Exchange and the Luxembourg Green Exchange, reflecting strong alignment and compliance with global sustainability frameworks.<\/p>\n\n\n\n
The Judges further noted that the allocation of 8% of Profit After Tax (PAT) towards sustainability initiatives demonstrates a strong commitment to ESG, a commitment that is consistently reflected throughout the Company\u2019s report.<\/p>\n\n\n\n
The ACCA Sri Lanka Sustainability Reporting Awards, now in its 21st year, recognize organisations that demonstrate excellence in sustainability reporting, transparency, governance, and strategic integration of ESG principles. The awards serve as a national benchmark for responsible corporate disclosure and forward-looking sustainability leadership.<\/p>\n\n\n\n
AFC\u2019s Integrated Annual Report was commended within a competitive field of financial institutions, highlighting the Company\u2019s ability to bridge local impact with global capital markets. The dual international listing of its Green Bond reinforces AFC\u2019s credibility among global investors while positioning Sri Lanka\u2019s sustainable finance narrative on an international platform.<\/p>\n\n\n\n
Sustainability at AFC is not treated as a parallel initiative but embedded as a core strategic pillar. Having formally adopted the Triple Bottom Line philosophy of People, Planet and Profit in the year 2012 \u2013 well ahead of regulatory mandates \u2013 the Company continues to integrate financial performance with measurable social and environmental outcomes. The structured allocation of 8% of PAT toward sustainability initiatives reflects institutionalised commitment rather than symbolic positioning.<\/p>\n\n\n\n
Founded in 1956, Alliance Finance Company PLC stands as Sri Lanka\u2019s oldest Non-Bank Financial Institution, built on enduring values of \u201cothers before self\u201d and \u201cearn before you spend.\u201d Now in its 70th year, AFC has evolved as the lead architect of sustainable finance in Sri Lanka, combining stability, innovation, and purpose-driven growth.<\/p>\n\n\n\n
Being named Runner-up in the Other Financial Services Category at the ACCA Sri Lanka Sustainability Reporting Awards 2024\/25 reaffirms AFC\u2019s strong and unwavering commitment to credible transparency, disciplined ESG integration, and its broader purpose of making the world a better place through sustainable finance.<\/p>\n\n\n\n
Source : Daily News<\/p>\n","protected":false},"excerpt":{"rendered":"
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