Sarvodaya Development Finance wins Gold Award for TAGS Reporting

Friday, 30 December 2022 00:00 - - {{hitsCtrl.values.hits}}

CEO Nilantha Jayanetti and Chief Manager of Finance Mahesh Jayasanka accepted the award on behalf of SDF

In recognition of its commitment to and excellence in Transparency, Accountability, Governance and Sustainability (TAGS) reporting, Sarvodaya Development Finance PLC, one of Sri Lanka’s leading licensed development finance companies, was presented with a Gold Award at the TAGS Awards, conducted by the Institute of Chartered Accountants of Sri Lanka.

The award was presented to Sarvodaya Development Finance PLC (SDF) at the TAGS Awards Ceremony, held at the Shangri La Hotel Colombo, on 6 December. CEO Nilantha Jayanetti and Chief Manager Finance Mahesh Jayasanka accepted the award on behalf of SDF.

The TAGS Awards recognises the best companies in Sri Lanka in the arena of corporate reporting, both in terms of financial and non-financial reporting, with a view to increasing and strengthening standards for transparency, accountability, governance and sustainability reporting in the country. The program also recognises organisations’ efforts to embrace digitalisation and transformation to uphold the integrity of financial, environmental and social reporting. Organisations that continued to remain transparent and accountable, regardless of size or profits, while taking necessary steps to give back to society and protect the planet, were given their due recognition at the event.

Expressing pleasure at receiving the award, and commenting on SDF’s sustainable and transparent ethos, CEO Nilantha Jayanetti said, “We are honoured to receive this prestigious award, and be recognised for our consistent and longstanding commitment to the values of transparency, accountability, good corporate governance and sustainability. This award demonstrates that both investors and customers can trust in our consistent performance and the security of their funds and investments. Impact investors, in particular, can rest assured that their funds are being utilised for good.

“Our values have paved the way for sustainable and organic growth, supported by TAGS principles at all times. We will continue to focus on growth and development through value creation, as a development finance company, with a focus on uplifting livelihoods, empowering women, supporting SME development, social development and rural economic emancipation. We take this opportunity to thank our investors, depositors and customers for trusting us and investing in human and social development.”