Union Bank of Colombo PLC 2016 AR2
The report highlights Union Bank of Colombo PLC's performance and sustainability initiatives for the fiscal year 2016. The bank achieved a significant milestone with its group post-tax profit more than doubling to Rs. 553 million, alongside total assets surpassing the Rs. 100 billion landmark. Key sustainability achievements include saving 236 fully grown trees, 24,395 liters of oil, and 441,742 liters of water through paper recycling initiatives. Additionally, the bank expanded its island-wide presence to 65 branches and 120 ATMs, while implementing the SAP SuccessFactors platform to enhance employee performance management.
Company: Union Bank of Colombo PLC
Sector: Finance & insurance
Country: Sri Lanka
Year: 2016
Type: AR2
Pages: 288
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Union Bank of Colombo PLC
Annual Report
The report highlights Union Bank of Colombo PLC's performance and sustainability initiatives for the fiscal year 2016. The bank achieved a significant milestone with its group post-tax profit more than doubling to Rs. 553 million, alongside total assets surpassing the Rs. 100 billion landmark. Key sustainability achievements include saving 236 fully grown trees, 24,395 liters of oil, and 441,742 liters of water through paper recycling initiatives. Additionally, the bank expanded its island-wide presence to 65 branches and 120 ATMs, while implementing the SAP SuccessFactors platform to enhance employee performance management.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
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
Workplace Fatalities
Employees