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) Limited were awarded as first and second runners-up respectively, in this category.
Top Ten Corporate Citizens
This Award recognizes 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 PLC were recognized as the Top Ten Corporate Citizens of 2021.
Triple Bottom-line Awards
This was 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 PLC and Dipped Products PLS were awarded the Social Sustainability and Economic Sustainability Awards respectively.
Award for Demonstrated Resilient Practices for COVID-19 Context
Meanwhile, Dilmah Ceylon Tea Company PLC, and Hatton National Bank PLC were joint winners under the newly introduced award on Demonstrated Resilient Practices for COVID-19 Context Award while Citizens Development Business Finance PLC, Commercial Bank of Ceylon PLC, Sri Lanka Telecom PLC were the second runners-up.