Alliance Finance Company (AFC), a distinguished finance institution committed to sustainable financing, has achieved a momentous milestone by securing the coveted title of ‘Green Brand of the Year’ at the esteemed SLIM Brand Excellence Awards 2023. This valued accolade stands as a resounding tribute to AFC’s steadfast dedication to driving environmentally and socially sustainable development initiatives throughout Sri Lanka.
The SLIM Brand Excellence Awards, recognized as a pinnacle of excellence in the realm of branding and corporate initiatives, has bestowed this esteemed honour upon AFC for its unwavering commitment to its triple bottom line business philosophy, significantly emphasizing its environmental, social, and financial impact. AFC’s win is a testament to its steadfast pledge towards revolutionizing the finance industry by placing sustainability at the forefront of its operations.
Expressing his enthusiasm for the achievement, Mr Romani de Silva, Deputy Chairman / Managing Director of Alliance Finance stated, “It’s a tremendous honour for AFC to be acknowledged as the ‘Green Brand of the Year’ by SLIM Brand Excellence Awards. This recognition further underscores our firm resolve and dedication towards integrating sustainability into every facet of our organizational ethos.”
The award not only reaffirms AFC’s persistent pursuit of environmentally conscious practices but also underscores its untiring commitment to social responsibility initiatives. AFC has been spearheading sustainability efforts by promoting green finance with examples such as allocating 50 trees for every fossil fuel vehicle leased through the company, advocating for eco-friendly projects like the AFC ‘Hapannu’ Forest which is a forest created by children and dedicated to the future children of Sri Lanka, through its Children’s Saving Account, where one tree is planted for every account opened, and actively contributing to the welfare of communities through various CSR activities across the country. The company’s 87 strong branch network actively participates in environmental and social sustainability projects throughout the year, living its commitment towards a greener future.
“Our dedication to sustainable development remains steadfast. This accolade serves as a catalyst, propelling us to further embed green principles into our operations, ensuring a more sustainable and eco-friendly future for Sri Lanka,” added Mr Romani de Silva.
AFC’s remarkable achievement at the SLIM Brand Excellence Awards 2023 solidifies its position as a prominent advocate for responsible and impactful business practices.
About Alliance Finance Company:
Alliance Finance Company PLC is the oldest non-banking financial institution in Sri Lanka incorporated in 1956, dedicated to providing innovative financial solutions while championing sustainable development. With a commitment to environmental and social responsibility, AFC aims to empower communities and foster economic growth through its ethical and sustainable practices.
AFC’s product portfolio includes, Automotive Leasing, Fixed Deposits, General and Children’s Savings Accounts, Gold Loans, Agriculture and Dairy Loans, Climate Financing Solutions such as Solar Loans and Gold Investment products. A network of 87 branches situated across Sri Lanka offers all products and services covering all districts.
Alliance Finance Company has planted over 700,000 trees all over the country in various projects making the company, the largest tree planting organization in Sri Lanka. This contributes positively in offsetting the carbon footprint set by vehicles leased through the company.
Alliance Finance became the first South Asian financial institution to achieve the prestigious status of being a sustainability certified institution by adopting the globally recognized Sustainability Standard and Certification Initiative (SSCI), awarded by the International Council of Sustainability Standards for Value-Driven Financial Institutions, Germany.
AFC has won many prestigious awards for its commitment towards sustainability throughout the years, and the company has continuously grown in size and value over its rich history of over 67 years.