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HDFC wins the Prestigious ACCA Sustainability Reporting Award - 2012 for the third consecutive year.

HDFC Bank won the Association of Chartered Certified Accountants (ACCA) Sustainability Reporting Award 2012 for the 3rd consecutive year at a gala ceremony held at the Cinnamon Grand Hotel Colombo on 20th February 2013. The award ceremony was organized by ACCA. The ACCA Sustainability Reporting Award has been kept at the apex of the most recognized corporate recognition schemes in the world, especially in the growing field of sustainability reporting and disclosure. HDFC is the first bank to achieve this prestigious award in the same category in succession for the last 03 years it was held.

The ACCA Sustainability Reporting awards secured consecutively by HDFC Bank during years 2009, 2010 and 2011 bear witness of its reward winning performance in high standards of socio-economic guidelines followed by the bank. These awards received also tend to subtly spell out the direction the bank has laid for its future performance. HDFC Bank’s breakthrough publishing its first ever GRI complied integrated Annual Report in the Banking industry showcases a clear vision of the Bank’s overall performance to all stake holders.

The bank successfully presented its sustainability report in the Bank's Annual Report for 2011 with an integrated view of the company’s performance from financial, economic, social and environmental facets. HDFC Bank has greatly contributed towards empowering socio-economic standards of rural and low income masses, greatly assisting to improve their quality of life by cascading the hope of permanent shelter through housing finance.

With its dedicated commitment towards sustainability practices over the years, HDFC Bank has initiated its Sustainability Reporting System during 2006 to quantify, monitor and harness sustainability practices in its operations. HDFC Bank has gradually integrated sustainability practices with its business strategy and daily operations. The Bank’s Annual Report for 2011 is considered to be an important tool of communicating the Triple Bottom Line performance of the Bank. HDFC Bank further endures to improve reporting standards with the internationally accepted guidelines in Global Reporting Initiatives (GRI).

Mrs. Siromi Wickramasinghe - the Chairperson of HDFC, Mr.Nimal J.B.Mamaduwa CEO/GM, of HDFC, Mr. S.Dissanayake COO of HDFC, Mr. D.V. Pathirana AGM (Finance & Planning) of HDFC, the staff of its Corporate and Senior Management were also present at the occasion.



 


 


The Chairperson of HDFC Bank Siromi Wickramasinghe receives the award from Stephen Heathcoat, ACCA Executive Director Markets. The Chief Guest at the event ADB Country Director Rita O’Sullivan, ACCA Director of Emerging Markets Asia, Lucia Real-Martin and ACCA Sri Lanka President Rajiv Casie Chetty are also in the picture.