LB Finance PLC 2022 SR
The report highlights L B Finance PLC's performance for the 2021/22 fiscal year, focusing on its managed evolution business model. Key achievements include a 14.45% growth in the auto finance portfolio and a 26.22% expansion in gold loans, leading to an asset base of Rs. 164.36 billion. The company emphasized digital literacy by empowering over 5,000 CIM wallet merchants and continued its commitment to sustainability by reporting in accordance with GRI Standards: Comprehensive option. Environmental efforts included calculating the carbon footprint for its entire 181-branch network in Sri Lanka and committing to climate-positive operations by 2050.
Company: LB Finance PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2022
Type: SR
Pages: 48
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LB Finance PLC
Sustainability GRI Index
The report highlights L B Finance PLC's performance for the 2021/22 fiscal year, focusing on its managed evolution business model. Key achievements include a 14.45% growth in the auto finance portfolio and a 26.22% expansion in gold loans, leading to an asset base of Rs. 164.36 billion. The company emphasized digital literacy by empowering over 5,000 CIM wallet merchants and continued its commitment to sustainability by reporting in accordance with GRI Standards: Comprehensive option. Environmental efforts included calculating the carbon footprint for its entire 181-branch network in Sri Lanka and committing to climate-positive operations by 2050.
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Document Details
Report Year
2022
Reporting Period
Apr 1, 2021 - Mar 31, 2022
Fiscal Year
2022
Published
May 18, 2022
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