ComBank’s 2023 annual report tops banking sector at ACCA Awards

The Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 Annual Report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA).

The Bank was adjudged the overall runner-up and the winner in the Banking category at these awards, repeating the achievement of its 2022 Annual Report which was similarly honoured by the ACCA last year.

According to ACCA, sustainability reporting requirements are developing rapidly, with the IFRS Sustainability Disclosure Standards issued by the International Sustainability Standards Board (ISSB Standards) serving as the basis for globally consistent reporting.

l reports have consistently been recognised with local and regional awards for many years. The Bank has been awarded the Cyril Gardiner Memorial Trophy presented by CA Sri Lanka for Overall Excellence in Financial Reporting 10 times and has also won the Edmund J. Cooray Memorial Trophy for the Best Annual Report among Banking Institutions presented by CA Sri Lanka on 17 occasions.