The Bank of Ceylon (BOC) won three awards at the Best Corporate Citizen Sustainability Award 2022 (BCCS Awards) organised by the Ceylon Chamber of Commerce recently.
The BCCS Awards held for the 19th consecutive year is one of the most anticipated events on the corporate calendar. The annual award ceremony brings the spotlight on sustainability champions in the national corporate arena with a view to promote corporate citizen sustainability ownership and initiatives that deliver social and environmental benefits while pursuing profits.
As an enduring testament to the Bank of Ceylon’s outstanding corporate citizenship, the Bank was recognised with Economic Sustainability Award under Triple Bottom-line Awards and Economic Contribution Award for Consistent Commitment and Continuous Improvement Award. The Bank also emerged asa Category Award winnerfor theEconomic Contribution at the recently concluded BCCS Awards ceremony.
These awards symbolise the Bank of Ceylon’s relentless dedication and commitment in value creation for its stakeholders, sharing its profit meaningfully while stabilising the country’s financial system as the country’s largest bank as well as largest state-owned bank.
The three awards are recognition of the Bank’s industry pioneering practices that acknowledges all of its stakeholders.
Following a thorough evaluation process conducted by a panel of judges, the BCCS Awards recognised the efforts of the private and public sector firms in interacting responsibly with their stakeholders, through recognising the importance of corporate sustainability in Sri Lanka. Therefore, it’s one of highest accolades a corporate can receive in the country.
The awards won by BOC is a certification that Bank of Ceylon is conducting its operations in line with the highest global ethical and sustainable standards with due care on the social and environmental aspect, a bank official said. BOC remains fully committed to serve marginalised communities by reaching out to them, bringing the informal structures to the financial system to enhance financial inclusion, he said.