Tuesday Oct 07, 2025
Tuesday Oct 07, 2025
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| Commercial Bank Deputy General Manager – Corporate Banking Hasrath Munasinghe (left) with UNGC Assistant Secretary General and CEO Sanda Ojiambo |
The sustainability leadership of the Commercial Bank of Ceylon was brought into focus on the global stage when Commercial Bank of Ceylon PLC Deputy General Manager – Corporate Banking Hasrath Munasinghe shared insights at United Nations Global Compact (UNGC) annual sessions held in conjunction with United Nations General Assembly (UNGA) annual sessions in New York. The forum was attended by over 500 delegates from 69 countries across the world.
Munasinghe who also serves as a trustee of the bank’s CSR Trust, is a member of the executive sustainability committee of the bank and a board director of the UNGC network in Sri Lanka spoke on Sri Lanka’s sustainability landscape at the Asia and Oceania Leadership Round Table where representatives from 14 countries presented.
In his comments, Munasinghe highlighted the Asia Pacific region as a biodiversity hotspot with a vital role in advancing global sustainability. He stressed that the region’s rich resources, including its human capital, create significant opportunities for investments in social enterprise, sustainability related bonds, climate transition, biodiversity, AI based technology projects and diversity and gender-focused projects. Reflecting this vision, Commercial Bank has embedded sustainability into its core operations and emerged as a leader in the sector, setting benchmarks through responsible banking practices and pioneering initiatives that align growth with environmental and social priorities, he said. He also spoke of special financing opportunities such as climate financing for energy transition and inclusive gender smart finance.
After these sessions, the UNGC Sri Lanka Network in a media release said it was delighted to see Munasinghe bring Sri Lanka’s voice to the Asia and Oceania Leadership Roundtable – Strategy, Policy and Impact, at the United Nations Global Compact Hub in New York. The UNGC said, “This high-level dialogue brought together trailblazing CEOs and CSOs from across the region to redefine the future of sustainable leadership. The conversations were candid, thought-provoking, and action-oriented, highlighting the powerful shift from compliance to co-creation, where sustainability is no longer a box-ticking exercise but a core driver of strategy and growth. With innovation and collaboration driving solutions across diverse markets, one message resonated strongly: Asia and Oceania are not just responding to global sustainability trends, they are shaping them.”
Munasinghe also participated in the UN’s SDG Moment Forum at the UN Headquarters, presided by the UN Secretary General António Guterres, where Queen Mathilde of Belgium, Prime Minister of Ireland Micheál Martin and several world leaders made speeches.
During the week-long UN sessions, Munasinghe also met with several high-ranking representatives of the United Nations and UN-affiliated agencies, strengthening the bank’s links with the global sustainability agenda. These included UNGC Assistant Secretary General and CEO Sanda Ojiambo and UN’s Principles for Responsible Investment (PRI) CEO David Atkin.
