DFCC Bank Recognised for Green Financing Excellence at the Best Corporate Citizen Sustainability Project Awards 2025

DFCC Bank has been recognised as one of the five winners in the Best Sustainability Project Awards 2025 at the Best Corporate Citizen Sustainability (BCCS) Awards 2025, organised by the Ceylon Chamber of Commerce. This recognition was awarded for the Bank’s submission titled “DFCC Green Bond – Pioneering Green Finance in Sri Lanka,” acknowledging its contribution to advancing sustainable finance in the country.

The DFCC Green Bond, the first of its kind in Sri Lanka, raised LKR 2.5 billion to finance and refinance renewable energy projects, specifically ground-mounted and rooftop solar photovoltaic installations. The portfolio adds 20 MW of clean energy capacity to the national grid and contributes to avoiding more than 21,000 tCO₂e annually. This directly supports Sri Lanka’s national objective of achieving 70% renewable electricity generation by 2030.

The DFCC Green Bond has also achieved multiple international listings on the Colombo Stock Exchange (CSE), Luxembourg Stock Exchange (LuxSE), the Luxembourg Green Exchange, and subsequently on the NSE International Exchange at GIFT City. These listings expand the instrument’s visibility among global sustainability-focused investors and strengthen regional financial collaboration.

Thimal Perera, Chief Executive Officer of DFCC Bank, said,“We have always enabled progress that is both inclusive and sustainable. This recognition affirms our commitment to connecting Sri Lanka with global capital and sustainability-focused investors. As we advance our green finance agenda, our aim is to mobilise international confidence towards national priorities – supporting projects that preserve our environment, strengthen communities, and build long-term economic resilience.”

The DFCC Green Bond was developed in alignment with the ICMA Green Bond Principles and the Sri Lanka Green Finance Taxonomy, with independent pre-issuance assurance to ensure transparency and credibility. It supports the United Nations Sustainable Development Goals, particularly SDG 7 (Affordable and Clean Energy) and SDG 13 (Climate Action).

By linking capital mobilisation with measurable environmental outcomes, the initiative demonstrates how financial institutions can support national sustainability priorities while enabling long-term, inclusive development.