Sampath Bank was adjudged as the Runner Up in the Banking Category at the prestigious ACCA Sri Lanka Sustainability Awards 2023. The awards ceremony, organised by the Association of Chartered Certified Accountants (ACCA), Sri Lanka, took place on 20th February 2024 at the Hilton Residencies in Colombo.
Since 2004, ACCA Sri Lanka has striven to reward and recognize those organizations, giving credence to their sustainability practices with recognition of the strong link between business strategy, corporate governance, and sustainability.
This recognition underscores Sampath Bank’s steadfast commitment to sustainability and corporate integrity. The award acknowledges the bank’s dedication to reporting and disclosing comprehensive environmental, social, and governance information within Sri Lanka. As a responsible corporate entity, Sampath Bank has played a pivotal role in promoting environmental, social, and governance reporting, contributing to heightened awareness of corporate transparency issues and increased accountability and responsiveness to stakeholders whilst adhering to world best reporting standards.
The evaluation process leading to Sampath Bank’s Runner Up position involved a thorough assessment by an expert panel of judges. The report submitted by the bank was meticulously reviewed based on three main criteria such as Completeness, Credibility, and Communication.
Ayodhya Iddawela Perera, Managing Director of Sampath Bank PLC, expressed her pride in the bank’s commitment to sustainability, stating, “Sustainability has always been among the core ethos of Sampath Bank which have certainly been integral to our success over the years. Accolades such as this push us to move even further in our strife to achieve excellence in our growth and performance, while maintaining the right balance between stakeholder expectations. We are also thankful for ACCA’s efforts to encourage sustainability reporting which have played a pivotal role in highlighting the need for socially and environmentally responsible business practices in the country.”
Sampath Bank remains dedicated to pioneering initiatives that align with its sustainability goals, and this recognition further motivates the bank to advance its efforts in contributing to a sustainable and responsible business environment while remaining true to its core banking values and adhering to the highest ethical standards, in order to manage its triple bottom line.
