Business
Dialog Axiata becomes the first Telco in South Asia to adopt SASB & GSMA Standards
Dialog Sustainability Report 2022 Confirms to GRI, SASB and GSMA Guidelines on ESG and Sustainability Reporting
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, reached a significant milestone in its commitment to sustainability and transparency by becoming the first telecommunications service provider in South Asia to comply with the Sustainability Accounting Standards Board (SASB) and Global System for Mobile Communications Association (GSMA) reporting standards in addition to the Global Reporting Initiative (GRI) standards.
Building on a legacy of 15 years of adherence to the GRI standards, which is recognised as a gold standard for sustainability reporting worldwide, Dialog also adopted the SASB and GSMA standards in 2023, which are specifically designed to address the unique challenges and opportunities within the telecommunications industry. By embracing these additional reporting frameworks, Dialog aims to further enhance its ESG (Environmental, Social, and Governance) agenda and reporting practices. As a leading ESG champion, Dialog is committed to driving positive change, exemplified by the Company’s ambitious sustainability goals, including achieving Net Zero CO2 emissions by 2050. Dialog’s latest sustainability report provides a comprehensive overview of the company’s sustainability performance in 2022, highlighting significant progress in areas such as climate action, social responsibility, and environmental stewardship.
Commenting, Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC said, “We are proud to set a pioneering example in South Asia by embracing the SASB and GSMA reporting standards alongside our longstanding commitment to GRI standards. This milestone exemplifies our dedication to ESG excellence and reflects our unwavering dedication to sustainability and transparency, driving positive change in our industry and beyond. We are honored to lead the charge towards a more sustainable future.”
Dialog has received multiple accolades for its dedication to sustainability and transparency. The Company was recognised as the Overall Winner and the Winner of the General Services category at the ACCA Sustainability Reporting Awards for its outstanding commitment to sustainability reporting in the 2021/2022 reporting cycle. Further, the company was recognised at the e-Swabhimani Awards 2021 for its digital inclusion and community investment initiatives, including Sayuru, Yeheli, and Saru, which promote inclusion, empowerment, and environmental sustainability. Additionally, Karuna.lk, powered by Dialog, received the National Award for ‘Best TECH FOR GOOD Software Innovation or Product’ at the SLASSCOM National Ingenuity Awards 2023 for its exceptional use of technology for positive impact.
Dialog’s Sustainability Reports can be accessed via – https://dlg.lk/3sJqvkt
Business
HNB Finance bags 2 CMA Reporting Awards 2025
HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.
At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.
The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.
Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”
Business
ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises
The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.
The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.
Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.
‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.
Business
Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations
Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.
As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.
The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.
Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.
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