DFCC Sustainability Strategy
It is recognized globally that the business case for sustainability has benefits that accrue to all stakeholders.
DFCC contributing to Resilience
Resilience is the ability of a system to prepare for threats, absorb impacts, recover and adapt, following persistent stress or a disruptive event.
Resilience is now on the mainstream sustainability agenda, in looking to build systems and capabilities to face challenges that business and society will have to face in this “exponential decade”.
DFCC Bank is looking to build internal systems that are resilient in the face of significant changes in the economy and regulatory landscape, as well as add value to its customers by offering services that make them more resilient. Furthermore, the Bank is taking care of its own footprint as well as those in its portfolio to contribute towards greater resilience in its operations, those of its customers, and all its stakeholders, contributing towards a more resilient Sri Lanka.
Business coalitions highlight how companies can build resilience by taking actions that:
- Improve risk management
- Invest in human and social capital
- Better integrate sustainability
The Sustainability purpose of DFCC Bank is “Contributing towards a Resilient Sri Lanka”
Our Six Cross Cutting Themes – The 6 Es
DFCC Bank has identified six cross-cutting themes (the six Es):
Education Elderly Entrepreneurship Environment Emergency Relief Exercise
DFCC Sustainability Trust
A separate independent entity named as “DFCC Sustainability Trust” was created in 2021 to carry out identified CSR / Sustainability initiatives, as proposed by the Board approved “Sustainability Policy, Strategy and Plan for DFCC (2020 – 2030).
Social & Environment Management System (SEMS)
SEMS is a set of policies, procedures, tools and internal capacity to identify and manage the Bank’s exposure to Social & Environmental (S&E) risks of its clients.
Sustainability Management for Implementation
A cross-functional management team, headed by the CEO and consisting of several C-Level Executives has been established to spearhead the Bank’s sustainability initiatives.
Gender Diversity & Inclusion at DFCC Bank
DFCC Bank, through its efforts to create an inclusive and participatory work environment, has been recognized as one of Sri Lanka’s Top 10 Women Friendly Workplaces, at the first ever Women Friendly Workplace Awards (WFWP Awards) in November 2021.
Sustainability Awards and Achievements
Association of Development Financing Institutions in Asia and the Pacific (ADFIAP) Awards
