Best Corporate Citizen Sustainability Award organised by Ceylon Chamber of
Commerce
Citizens Development Business Finance PLC (CDB) won the prestigious
laurel of being among the Ten Best Corporate Citizens for 2022, an award it was presented
with for the fifth consecutive year. The Ten Best Corporate Citizens are chosen from among
a wide range of corporate stewards in Sri Lanka by an independent panel of judges and
evaluators in the Best Corporate Citizen Sustainability Award organised by the Ceylon
Chamber of Commerce.
This year marked the nineteenth year of the awards and CDB has been a continuous winner
in various categories for a number of years in the past, evidencing the deep commitment
the Company has always had to the three sustainability platforms of People.Planet.Profit on
which the award criteria is built on. Being recognised as a sustainability champion therefore
by the apex chamber of Corporate Sri Lanka augments CDB’s recognition as not just a
corporate steward but also as a corporate that believes wholeheartedly in the true concept
of sustainability.
CDB’s sustainability ethos encompasses a wide stakeholder message, cascaded through its
Business Strategy which has been developed for the next decade. CDB Advance, which is
CDB’s Sustainability Strategy, is deeply embedded into this business strategy and has a two
pronged approach that contributes to seven of the seventeen UN Sustainable Development
Goals.
Working on the Corporate Purpose of empowering aspirations which remains the
overarching tenet that CDB builds its business model on, it incorporates first in class Fintech
within the NBFI sector. Hence, CDB’s emerging tech strategy is well complementing its
sustainability agenda.
CDB is committed to advancing the green economy and is responding to the country’s
energy crisis through CDB Advance Roof Solar by promoting household renewable energy
solutions and accelerating sustainable mobility solutions. The Company ardently
contributes towards biodiversity and environmental conservation as well. It also aims to
become a more resource efficient organization championing the circular economy.
To deliver its social commitments, it embraces child health and wellbeing, education and
literacy, and empowering entrepreneurs, youth and women. Adding to this formula, CDB
has a strong culture of employee volunteerism which creates a 360 degree focus on holistic
sustainability.
Most appreciative of its customers, valued business partners and winning team, the
Company continues to journey towards its ultimate goal of Empowering a Smart and
Sustainable Sri Lanka. This wholehearted commitment to sustainability and delivering
tangible change through People.Planet.Profit will give CDB focus to drive financial inclusion
and advance the green economy, which in turn will empower the aspirations of its
customers, community and the nation.
