08 Feb 2023
National Development Bank PLC (NDB) concluded the GHG assessment and verification for the entire organisation for the FY 2021.The Bank engaged the verification body ‘Sri Lanka Climate Fund’ (SLCF) to assess and verify the Bank’s Carbon Footprint. SLCF is South Asia’s 1st ISO 14065 Accredited Organisation and SLCF’s accredited certification applies to NDB’s Head Office and network of Branches in the island.
Carbon footprinting is an assessment and reporting methodology that enables companies to more accurately calculate Carbon emissions and identify areas for improvement. It has been recognized as a best practice for companies seeking to track their Carbon output in an effort to reduce it.
With this first step on the road to being Carbon Neutral, the Bank has identified where changes can be made and impact minimised. The Bank also obtained the services of SLCF to train the Bank’s staff in this field including the CEO and The Leadership Team.
Speaking at the ceremony NDB CEO Mr Dimantha Seneviratne said, “NDB is committed to environmental conservation and this certification is a milestone achieved. The Bank has already in place eco-friendly practices which has contributed to a substantial reduction of the Bank’s Carbon Footprint such as the NDB NEOS App which reduces the need for customers to travel to the Bank whilst saving paper, staff buses for employee commuting, replacement of high energy lighting with energy saving lighting, replacing the chillers in the air-conditioning system at the head office with energy efficient chillers and many other measures.”
With the present initiative, the Bank has identified the ‘Hotspots’ and measures are being taken to address these areas which will further reduce the Bank’s Carbon Footprint in the future. The Bank is now in the process of calculating its Carbon Footprint for the year 2022.
NDB Bank was recently named the Best Bank in Sri Lanka by Euromoney, making it the fourth major award received from the world’s most prestigious publications in financial services – Euromoney, Global Finance and The Banker. This win for NDB comes in the light of being named the ‘Most Awarded Corporate 2021’ as per LMD ranking. The Bank was also recently named one of the ‘Top 50 Best Workplaces in Sri Lanka 2022’ by Great Place To Work, USA. NDB is the 4th largest listed bank in Sri Lanka and the parent company of the NDB Group. The only financial services group in Sri Lanka, NDB Group is uniquely positioned towards assisting the growth and development of the Sri Lankan financial market to provide its customers seamless access to the product and service offerings of all its group companies.