DFCC Bank was awarded a Certificate of Merit under the Outstanding Sustainable Project Financing category at the Annual Global Sustainable Finance Conference held in Karlsruhe, Germany recently. This award recognizes outstanding success in long-term financing of exemplary industrial/commercial or infrastructure projects that has benefited local communities, protects the environment and ensures reliable returns to investors and lenders.
The Award was conferred on DFCC for financing Sri Lanka’s first grid connected solar power project. This is the 3rd consecutive year that DFCC has been recognized at this event. DFCC won the Most Outstanding Sustainable Project Finance Award in 2013 in recognition of the Bank’s invaluable contribution towards developing the Renewable Energy Sector in Sri Lanka and successfully operating the Administrative Unit for the ESD and RERED Projects, and a Certificate of Merit for Outstanding Business Sustainability in 2014 for success in incorporating sustainability in DFCC’s corporate strategy and
CEO of the European Organization for Sustainable Development Arshad Rab upon conferring the Certificate of Merit to the Bank said, “DFCC is an exemplary financial institution as it has applied sustainable practices across the board. We congratulate the management and staff of the bank today on their success in solar power project financing which is yet another example of how DFCC is playing its role in creating a green and more sustainable economy.”
Senior Vice President, Group Corporate Banking and Capital Markets Mrs Manohari Gunawardhena received the award on behalf of DFCC, and also made a presentation on making sustainability an integral part of DFCC’s business strategy.