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Our Commitment

Our Commitment

DFCC Bank PLC is committed to creating sustainable value for the communities in which it operates. The Bank’s corporate social investment initiatives spread further than charitable donations, and these values are inculcated in our staff members at every level. Employees at every level are encouraged to engage with the local communities through various community outreach programmes.

DFCC Bank PLC is also a part of the joint initiative started off by the Sri Lanka Banks Association (SLBA) to promote best practice in sustainable finance in Sri Lanka. This initiative was a first step in a process that will make Sri Lanka part of a growing group of emerging countries where banks and governments are creating sustainable finance frameworks and incentives. Members of the Sustainable Finance Initiative (SFI) are tasked with developing recommendations, which will include proposals on capacity building and the creation of Sustainable Finance Principles that are customised for the Sri Lankan context. As a part of this movement, DFCC adheres to the following principles:

OUR BUSINESS ACTIVITIES - ENVIRONMENTAL AND SOCIAL RISK MANAGEMENT

Our Business Activities - Environmental and Social Risk Management

We will integrate environmental and social considerations into decision-making processes relating to our business activities to avoid, minimise or offset any negative impacts.

Our Business Operations - Environmental and Social Footprint

Our Business Operations - Environmental and Social Footprint

We will avoid, minimise or offset the negative impacts of our business operations on the environment and local communities in which we operate and, where possible, promote positive impacts.

Rights of respective stakeholders

Rights of respective stakeholders

We will respect relevant human rights principles (as contained in the United Nations Declaration of Human Rights and the International Labour Organisation) in all our business operations and business activities.

Financial Inclusion

Financial Inclusion

We will promote financial inclusion, seeking to provide financial services to individuals and communities that traditionally have had limited or no access to the formal financial sector.

E & S Governance

E & S Governance

We will implement robust and transparent E & S governance practices in our respective institutions and assess the E & S governance practices of our clientele.

PROMOTE ETHICAL FINANCE

PROMOTE ETHICAL FINANCE

We shall not finance or oblige towards activities that are unethical, unlawful, racially biased and/or criminal.

PROMOTE ‘GREEN’ ECONOMY GROWTH

Promote ‘GREEN’ Economy Growth 

We will promote projects and other activities that contribute to a greener, cleaner economy in Sri Lanka

CAPACITY BUILDING

CAPACITY BUILDING

We will develop individual institutional and sector capacities necessary to identify, assess and manage environmental and social risks, along with opportunities associated with our business activities and business operations.

COLLABORATIVE PARTNERSHIPS

COLLABORATIVE PARTNERSHIPS

We will collaborate across the sector and leverage international partnerships to accelerate our collective progress and move the sector as one, ensuring our approach is consistent with international standards and Sri Lankan development needs.

PROMOTE TRANSPARENCY AND ACCOUNTABILITY

PROMOTE TRANSPARENCY AND ACCOUNTABILITY

We will promote transparency and accountability by regularly reviewing and reporting on our progress in meeting these principles at the individual institution and sector level.

NO ‘RACE TO THE TOP

NO RACE TO THE TOP

We will not compete with other banks on E & S issues i.e. undermine our competitor(s) on E & S requirements towards the credit taker.