DFCC wins Merit for ‘Green Brand of the Year’ at SLIM Brand Excellence
DFCC Bank, has been honoured with the Merit Award for Green Brand of the Year at the SLIM Brand Excellence Awards 2023.
This esteemed accolade underscores DFCC Bank’s unwavering commitment to sustainable practices and its pivotal role in fostering a green economy in Sri Lanka. The award also recognises the Bank’s three-decade-long journey towards environmental stewardship and social responsibility.
DFCC Bank PLC CEO Thimal Perera said; “This achievement reflects our enduring commitment to sustainability and responsible banking. We are honoured to win an award as a Green Brand of the Year, a title that underscores our dedication to creating a positive impact on the environment and society. Driven by our Sustainability Strategy 2030, we aim to achieve ambitious goals across several KPIs, encapsulated by cross-cutting themes such as education, entrepreneurship, environment, emergency relief, elderly care, and exercise.”
DFCC Bank’s proactive approach has also led to its accreditation by the Green Climate Fund (GCF) in July 2023, further solidifying its position as a leading institution dedicated to climate action and being the first and only institution in Sri Lanka to have achieved this milestone.
DFCC Bank has been a trailblazer in financing renewable energy projects and catalysing sustainable green transformation in Sri Lanka.
Since 1988, the Bank has supported numerous such projects, including solar PV assembly plants and hydro, wind, solar, biomass and waste-to-energy power generation projects.; The Bank also implemented two programmes supported by the World Bank and the Global Environment Facility, widely hailed for their transformational impact on the renewable energy landscape in Sri Lanka. Additionally, through its financing activities, the Bank also positively influences entrepreneurs and customers to make greener choices and incentivise sustainable development and lifestyles.
One of the pivotal components of DFCC Bank’s green journey is its commitment to being a carbon-neutral bank by implementing resource-efficient operations and fostering a paperless environment.
The Bank has proactively redesigned key business processes and facilities to minimise its environmental footprint, including initiatives to encourage energy efficiency and paperless operations and introduce sustainable procurement guidelines, along with renewable energy initiatives such as installing rooftop solar systems on its buildings.
This has also inspired DFCC Bank to design and roll out a slew of internationally acclaimed digital banking services complimented by an omnichannel customer experience.
DFCC Bank’s green initiatives extend beyond its internal operations to encompass a comprehensive approach to external engagements.
The Bank actively supports and encourages its customers and suppliers to adopt environmentally friendly green practices. Introducing green products and services, such as Green Deposits, underscores DFCC Bank’s commitment to inducing positive environmental behaviour within its ecosystem.
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