Ms. Yanika Amarasekera
Chairperson
Board Sustainability Committee
Listen to the message
Our Committee remains committed to embedding sustainability into the core of our corporate governance and strategic planning. We have made tangible progress in strengthening our compliance with both national and international regulatory standards, reinforcing our culture of transparency and ethical leadership. At the same time, we have launched impactful sustainability projects that support community development, promote gender equity, and reduce our environmental footprint.
At LBF, sustainability drives our operations, innovation, and growth. As Chairman of the Sustainability Management Committee, I’m proud to lead efforts integrating ESG across the business. We advanced governance with SLFRS S1 and S2 and became Sri Lanka’s first NBFI to verify financed emissions. Guided by six capital pillars, we’ve partnered with MEPA, NARA, SMEConnect, and universities. Our mission is to create long-term value through innovation, inclusivity, and integrity, positioning LBF as a sustainability leader.
Mr. Niroshan Udage
Chairman
Sustainability Management Committee
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Sustainability
Strategy
Sustainability is a core strategic focus at LB Finance, underpinning our vision to create long-term value for all stakeholders. Our approach is centered on integrating responsible business practices with financial performance, environmental stewardship, and social impact. The following strategies reflect our commitment to embedding sustainability across our operations, driving growth that is resilient, inclusive, and future-ready.
💰Strengthening Long-Term Financial Resilience
As a leading financial institution, LB Finance is committed to sound financial governance and risk management. By embedding resilience into our business model, we ensure sustainable value creation for stakeholders while navigating evolving market dynamics with stability and foresight. Our disciplined approach to financial stewardship underpins our ability to support the economy and remain agile in the face of uncertainty.
🌱Minimising Environmental Footprint through Sustainable Practices
Environmental responsibility is a key pillar of our sustainability strategy. We continue to reduce our operational impact through energy-efficient practices, resource conservation, and investment in green financing solutions. Our alignment with global climate commitments reflects our dedication to protecting the planet and contributing to a low-carbon, sustainable future.
📈Fostering Equitable and Inclusive Economic Progress
We believe sustainable development must be inclusive and far-reaching. Through expanded access to financial services, support for SMEs, and targeted regional outreach, LB Finance empowers individuals and communities to participate in economic progress. Our inclusive approach helps reduce inequalities and fosters shared prosperity across all segments of society.
👨👩👦Cultivating an Empowering and Inclusive Work Culture
We place our people at the core of all our endeavours. We are committed to creating a safe, inclusive, and inspiring work environment where employees are valued, respected, and given opportunities to grow. By prioritising diversity, continuous learning, and well-being, we foster a high-performing culture that supports both employee satisfaction and organisational excellence.
ESG
Governance
Board of Directors
Board Sustainability Committee
Sustainability Management Committee
Senior Manager – Corporate Sustainability
Manager – Corporate Sustainability
The ESG governance structure of LBF starts with the Board which overlooks the sustainability related activities of the Company. In order to streamline this, a sub-committee has been appointed by the Board which is known as the Board Sustainability Committee (BSC). The BSC is comprised of five Directors. The decisions taken at BSC level are carried out by the Sustainability Management Committee which is led by seven different divisional heads to ensure sustainability practices are applied throughout the Company. This Management Committee is supported by the Senior Manager and Manager who are responsible for sustainability related activities. The Deputy Managing Director holds membership of both Committees to bridge them, monitor progress and maintain smooth functioning.
Sustainability
Reporting Frameworks
Independent Practitioner’s
Assurance Report
Independent assurance report to the Board of Directors of LB Finance PLC on the information presented with reference to the GRI, SLFRS S1 and S2, SASB Standards and the Integrated Reporting (IR) framework in the integrated annual report 2024/25.
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Independent assurance report to the Board of Directors of LB Finance PLC on the information presented with reference to the Greenhouse Gas Assurance Report.
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