Seylan Bank PLC has reached another milestone in its flagship Environmental, Social and Governance (ESG) initiative with the opening of its 295th ‘Pahasara’ Library at Giri/Gemunu Central College in Ingaradaula, Pannala.
The library was officially opened on July 3 under the patronage of Zonal Assistant Director of Education – North Western II, Prasad Kinigama, and Principal K.M. Wijerathne. Senior representatives from Seylan Bank, including Deputy General Manager – Corporate Banking Nilanthie De Meral, Assistant General Manager – Marketing and Sales Asiri Abhayaratne, Chief Manager – Marketing Nalin Karunaratne, Senior Manager – Sustainability Sandrine Gomez, Regional Manager – North Western Region Upendra Adhikari and Pannala Branch Manager N.G.R. Sanjeewa, also attended the ceremony alongside Seylan Bank staff.
The newly refurbished library was handed over following the completion of ‘Pahasara Week’, a series of student-focused activities jointly organised by Seylan Bank and the school.
As part of the initiative, Seylan Bank donated a collection of books, together with a laptop and smart board, to support modern teaching and learning through digital technology.
‘Pahasara Week’ featured a range of activities designed to engage and educate students. These included a volleyball tournament for students in the Under-15 to Under-19 age categories, an art competition for Grade 1 students, and a financial literacy programme for Commerce students in Grades 11, 12 and 13.
The financial literacy programme introduced students to the importance of developing saving habits and understanding basic money-management principles from an early age.
Through the Seylan Pahasara initiative, the bank continues to support financial and digital literacy among students across Sri Lanka, while also promoting environmental awareness and meaningful engagement among younger generations.
LB Finance Launches South Asia’s First Carbon-Neutral Annual Report Microsite
As businesses increasingly turn to digital platforms to engage with stakeholders, the environmental impact of digital infrastructure has become an important consideration in corporate sustainability. LB Finance has taken a pioneering step to measure and address the carbon footprint associated with its Annual Report microsite.
Moving beyond conventional digital reporting, the company implemented a structured process to measure, minimise and offset emissions generated by the microsite, incorporating environmental responsibility into its digital innovation efforts.
The initiative forms part of LB Finance’s broader commitment to integrating sustainability into its operations, innovation and stakeholder communications.
Through this effort, LB Finance has achieved carbon neutrality for its Annual Report microsite, marking what the company describes as the first such initiative in South Asia. The microsite was developed in partnership with Arimac Lanka (Pvt) Ltd, while its carbon neutrality was independently verified by Control Union Inspections (Pvt) Ltd, providing additional transparency and credibility to the initiative.
The carbon-neutrality process began with a comprehensive assessment of greenhouse gas (GHG) emissions associated with the development of the Annual Report microsite. The assessment was conducted in accordance with internationally recognised sustainability principles and frameworks, providing a structured approach to measuring and accounting for the emissions involved.
Rather than relying solely on carbon offsetting, LB Finance prioritised identifying ways to reduce emissions throughout the microsite development process. Only the remaining unavoidable emissions were addressed through carbon offsetting, reflecting an approach focused first on emissions reduction before compensation.
Seylan Bank Launches 295th ‘Pahasara’ Library at Central College Pannala