Alliance Finance Co PLC 2023 AR2
The report highlights Alliance Finance Company PLC's financial and sustainability performance for the fiscal year 2022/23. Despite navigating Sri Lanka's severe economic crisis, the company achieved a Profit After Tax of LKR 505 million and expanded its deposit base by 40% to LKR 20.48 billion. Notably, the company doubled its commitment to sustainability by pledging 8% of its net profit after tax, planting over 159,000 trees during the year to surpass the 500,000 mark under its "One Million Trees for Unity" initiative. Additionally, the company introduced new climate smart financing products and partnered with the USAID Climate Adaptation Project to support resilient agricultural practices.
Company: Alliance Finance Co PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2023
Type: AR2
Pages: 292
Alliance Finance Co PLC
The report highlights Alliance Finance Company PLC's financial and sustainability performance for the fiscal year 2022/23. Despite navigating Sri Lanka's severe economic crisis, the company achieved a Profit After Tax of LKR 505 million and expanded its deposit base by 40% to LKR 20.48 billion. Notably, the company doubled its commitment to sustainability by pledging 8% of its net profit after tax, planting over 159,000 trees during the year to surpass the 500,000 mark under its "One Million Trees for Unity" initiative. Additionally, the company introduced new climate smart financing products and partnered with the USAID Climate Adaptation Project to support resilient agricultural practices.
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Document Details
Report Year
2023
Reporting Period
Apr 1, 2022 - Mar 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Water Consumption
Women on Board
Women in Management
Employees