LB Finance PLC 2021 SR
The report covers the fiscal year 2020/21, highlighting LB Finance's resilience during the COVID-19 pandemic, where it maintained a non-performing loan ratio of 5.36%, well below the sector average. The company expanded its microfinance operations in Myanmar to 12 branches and continued its digital transformation through the CIM digital wallet, empowering over 4,000 merchants. Sustainability efforts were aligned with GRI Standards (Comprehensive option), including a comprehensive carbon footprint calculation for its entire branch network. LB Finance also committed to becoming a climate-positive business by 2050 and implemented 22 CSR projects focused on education, health, and community development.
Company: LB Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2021
Type: SR
Pages: 48
Back to company
LB Finance PLC
Sustainability GRI Index
The report covers the fiscal year 2020/21, highlighting LB Finance's resilience during the COVID-19 pandemic, where it maintained a non-performing loan ratio of 5.36%, well below the sector average. The company expanded its microfinance operations in Myanmar to 12 branches and continued its digital transformation through the CIM digital wallet, empowering over 4,000 merchants. Sustainability efforts were aligned with GRI Standards (Comprehensive option), including a comprehensive carbon footprint calculation for its entire branch network. LB Finance also committed to becoming a climate-positive business by 2050 and implemented 22 CSR projects focused on education, health, and community development.
Sign in for free to access detailed sustainability data, reporting standards, and ESG metrics.
Document Details
Report Year
2021
Reporting Period
Apr 1, 2020 - Mar 31, 2021
Fiscal Year
2021
Published
May 19, 2021
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees