HNB sweeps CCC Best Corporate Citizen Awards

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By 2017-12-07

A press release announced that Hatton National Bank PLC (HNB) won five Awards at the recently concluded Ceylon Chamber of Commerce Best Corporate Citizen Sustainability Awards 2017 (BCCSA), HNB has been consistently ranked among the Top 10 Best Corporate Citizens in Sri Lanka, having previously won the title seven times in the past. During this year's ceremony, HNB's commitment to triple-bottom line principles and pioneering sustainability initiatives, enabled the Bank to be adjudged 1st Runner-Up in the Top three Awards.

The Bank's business model helped HNB to win the Award for the Most Sustainable Company in the Finance Sector while the bank's ambitious investments into renewable energy helped it to clinch the Award for Best Sustainability Project.

"We take pride in the continuing recognition which HNB's vital and growing contribution to sustainable business in Sri Lanka has received at the BCCS awards. HNB remains committed towards a proactive approach to Corporate Social Responsibility that focuses on the utilization of technology, strategy and a complete corporate culture and structure in furtherance of the financial, social and environmental sustainability and in alignment with United Nations Sustainable Development Goals", HNB Managing Director / CEO Jonathan Alles said.

Over the past year, HNB invested in Sri Lanka's largest rooftop solar project, spanning 70 HNB Customer Centres and generating approximately 2 kWh of clean, renewable energy. Fueled by investments of Rs 350 million from the Bank, HNB's Rooftop Solar project has resulted in a drastic reduction of the Bank's carbon footprint by approximately 1,215 tonnes per annum. Meanwhile, plans are already in motion to further expand this vital initiative across the Bank's extensive Customer Service network in the near future, the release added.

Similarly, HNB has been active in funding development projects that provide sustainable outcomes to the country as a whole, such as its recent support for three new green energy projects of solar and hydro financed with an exposure totalling Rs 1.8 billion. More recently, the Bank was also involved in as lead arranger to a syndicated loan of Rs 9 billion to construct a 10 MW garbage-to-energy power plant that will contribute to the national grid through the conversion of between 500-700 metric tonnes of garbage into energy.
HNB sponsored a special awareness programme in 2017 to improve understanding on waste management and a seminar to celebrate International Day for Biological Diversity.

"HNB's approach to responsible corporate citizenship has been consistently validated over the years and our recent performance at the BCCSA 2017 is further evidence of this remarkable legacy in responsible, sustainable business practices encompassing entrepreneur creation, reducing carbon footprint, education and literacy improvement, supported by an effective governance structure and dashboards.

"As a systemically important Bank in Sri Lanka, we consider it our obligation to proactively influence and effect change in CSR, and the Digital Banking Transformation journey we are on is aligned to this endeavour," HNB Chief Operating Officer, Dilshan Rodrigo said.



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