LOLC Finance secures ISO 14064-1 certification for third consecutive year

Environment Deputy Minister Anton Jayakody (right) presents the ISO 14064-1:2018 Certificate  to LOLC Finance 

LOLC Finance PLC has successfully renewed its ISO 14064-1 Greenhouse Gas Verification Certificate for the third consecutive year. 

The certification confirms compliance with the ISO 14064-1:2018 standard, in accordance with the verification requirements of ISO 14064-3:2019. The independent assessment verified the company’s Scope 1 (Direct GHG Emissions), Scope 2 (Electricity Indirect GHG Emissions), and Scope 3 (Other Indirect GHG Emissions) with a reasonable level of assurance.

The certification, issued by Sri Lanka Climate Fund Ltd., under the Ministry of Environment, covers LOLC Finance’s Head Office and its entire network of over 200 branches countrywide. This achievement reinforces the company’s systematic and transparent approach to measuring, managing and reporting greenhouse gas emissions which is an essential pillar of LOLC Finance’s roadmap toward achieving carbon neutrality by 2030.

This latest accomplishment builds upon a strong foundation of environmental initiatives implemented across the organisation. Notably, the LOLC Finance Head Office was certified under the Green SL Institutional Sustainability Rating System by the Green Building Council of Sri Lanka (GBCSL), becoming the first-ever premises in Sri Lanka to receive this distinction. The recognition reflects the organisation’s commitment to sustainable infrastructure, energy efficiency and responsible operational practices.

Further strengthening its sustainability footprint, LOLC Finance has established waste collection and segregation points across its branch network, embedding environmentally responsible practices at the operational level and encouraging employee participation in sustainability efforts nationwide.

In an era where environmental accountability has become a critical benchmark of corporate credibility, LOLC Finance’s continued adherence to globally recognised sustainability standards highlights its proactive leadership in integrating environmental responsibility with financial growth. The ISO 14064-1 framework enables data-driven emissions management, ensuring that sustainability initiatives are measurable, verifiable, and impactful.

LOLC Finance Chief Operating Officer Montini Warnakula said: “Sustainability at LOLC Finance is deeply embedded in our corporate strategy and decision-making processes. Renewing the ISO 14064-1 certification for the third consecutive year reflects the discipline, accountability, and collective commitment of our teams across the island. As a leading financial institution, we believe responsible growth must go hand in hand with environmental stewardship, and we remain firmly committed to achieving our carbon neutrality goals while creating long-term value for all stakeholders.”

As LOLC Finance continues to expand its national footprint and drive towards assuring financial inclusivity, its sustainability journey reflects a broader purpose: to lead the financial services sector toward a more resilient, transparent, and environmentally responsible future. The certification, extended following a rigorous assessment and verification process, cements the company’s role as a catalyst for positive change, demonstrating that sustainable practices are not only achievable but essential in building trust, strengthening investor confidence, and supporting Sri Lanka’s long-term ESG agenda.