As banks and corporates that exist to create value over the long term for our investors, customers, employees and other stakeholders, we would need to manage the short-term pressures and at the same time strive to enhance their quality of life. Therefore, we will need to play a positive role in helping the country address the vulnerabilities and engage proactively to find solutions
Ms. Renuka Fernando, SLBA Chairman, Kick Off Meeting, August 2017
As banks and corporates that exist to create value over the long term for our investors, customers, employees and other stakeholders, we would need to manage the short-term pressures and at the same time strive to enhance their quality of life. Therefore, we will need to play a positive role in helping the country address the vulnerabilities and engage proactively to find solutions
Ms. Renuka Fernando, SLBA Chairman, Kick Off Meeting, August 2017
This initiative by the SLBA is a vital stepping stone towards developing an environmentally, socially and economically sound banking sector in Sri Lanka. So, all banks are encouraged to come together to make this worthy initiative a success
Mr. A A M Thassim, Director, Bank Supervision, Central Bank of Sri Lanka at the Kick Off Meeting, August 2017
Sri Lanka Banks Association, as umbrella body that brings all Sri Lankans banks together, stands ready to support all stakeholders on this common vision through the Sustainable Banking Initiative. I wish to invite banks who are not yet members of this initiative to become signatories and make use of the support that this initiative affords
Ms. Renuka Fernando, SLBA Chairman, Kick Off Meeting, August 2017
ABOUT THE SUSTAINABLE BANKING INITIATIVE
In July 2015, the Sri Lankan Bankers’ Association (SLBA) launched the Sustainable Banking Initiative (SL-SBI). Its purpose is to provide a platform to advance understanding and action on responsible banking practices that can facilitate sustainable economic growth in Sri Lanka. It joins a growing number of similar initiatives across the financial sector globally as the sector comes to terms with the role it has to play in achieving ambitions set out in international and national policies tackling climate change, greener and more inclusive economic growth.
Since its inception, the SL-SBI has successfully crafted and launched a set of Sustainable Banking Principles. The 11 Principles, developed by a committee of participating banks, define how the Sri Lankan banking sector can conduct business to facilitate more sustainable economic growth locally. They were adopted by 18 signatory bank at a CEO Roundtable Event held on the 4th November, 2015. More recently, on the 15th August, 2017 the SL-SBI kick started a programme to develop an ambitious knowledge sharing platform to guide Sri Lankan banks on how to implement the 11 Principles. On completion Bank employees will have access to guidelines for the Principles, an implementation toolkit, case studies and an e-learning course.
THE INDUSTRY GUIDING
PRINCIPLES
Setting the Sustainable banking framework for Sri Lankan banks to work together and coordinate efforts to drive changes in banking practices.
BUSINESS CASES: SUSTAINABLE
BANKING IN SRI LANKA
Illustration of the role of financial institutions in ensuring a sustainable environment and the growth of sustainable businesses in Sri Lanka.
ENROL FOR THE SUSTAINABLE
BANKING COURSE
Develop your knowledge and skills in sustainable finance. All banks are encouraged to come together to make this worthy initiative a success.
