LB Finance certified as first carbon conscious finance company

Thursday, 7 August 2014 00:50 - - {{hitsCtrl.values.hits}}

As a leading financial institution in the country, LB Finance PLC has understood its responsibility towards reducing their contribution to carbon footprint.

The growing public awareness and concern over climate change have highlighted the need for both individuals and organisations to reduce their greenhouse gas (GHG) emissions. This has led to encourage organisations to voluntarily reporting their GHG emission levels and setting emission reduction targets. An increasing number of organisations is actively taking efforts to reduce their emissions by investing in energy and process efficiency programs. Accordingly, LB Finance PLC has taken measures to calculate its carbon footprint based on its operations in the country. Therefore, the company carried out a detailed carbon footprint analysis along with Sri Lanka Carbon Fund (SLCF) under the Ministry of Environmental and Renewable Energy. Thereby, based on the findings of the analysis SLCF has awarded LB Finance with ‘carbon conscious’ status.