Sustainability
AFC’s uniquely differentiated Sustainable business model.
With our purpose to “Make the World A Better Place through Sustainable Financing” AFC has carved for itself a uniquely differentiated business model in the Financial Services Sector of Sri Lanka; having integrated Financial, Social and Environmental sustainability long before the term “Sustainability” became an international buzz word. Institutionalizing the values of its founders formally in 2012 by embracing the Triple Bottom Line approach, AFC has been aligning itself with an integrated sustainability philosophy over a decade. During these years we have undertaken many initiatives, going beyond the general frame of CSR to integrate the essence of sustainability into the business practices, roles and responsibilities of the departments and staff members as well. At AFC, we believe that sustainability has to be an integral part of all business functions, from inputs, internal processes, customer engagement to outcomes. Thus, in 2018 we have revised our corporate strategy to incorporate sustainability into it, by adopting a new purpose statement and high impact goals to drive us. We have set our standards in line with the international sustainability best practices by obtaining the Sustainability Standards and Certification Initiative accreditation in 2020, gearing ourselves to realize our purpose and high impact goals.
For AFC, it is about creating value to make a positive impact on all its stakeholders – it is about doing its part and more to create economic inclusivity and reduce socio economic disparities, and about contributing to the nation’s macro economic progress. It is also about conserving the environment and contributing to the wider objectives of facilitating Peace, Unity and inclusive partnerships in the nation.
Sustainability embed business philosophy
AFC is driven by a business philosophy formulated to directly contribute towards national and global sustainability priorities. Guided by international best practices and standards, elements of sustainability have been integrated into the corporate strategy of the company gearing the internal processes and resources to maximize sustainable value creation.
triple bottom line
approach
AFC strives to be a pioneering financial institution that facilitates sustainable living through financial solutions, leveraging on technology for the enrichment of People, Planet and Profit. At the same time, we are focused on contributing towards UN sustainable development goals through inclusive and responsible financial services, furthering our commitment to the triple bottom line whilst preserving the values of peace, unity and inclusive partnerships.
Sustainability
Certificaion
Recognizing the commitment and contribution towards sustainable development in Sri Lanka, in 2017, AFC was accepted into the Sustainability Standards and Certificate Initiative (SSCI) developed and promoted by the International Council of sustainability Standards for Value-Driven Financial Institutions, at the Karlsruhe Sustainable Finance Forum, Germany. In 2020. Followed by a rigorous process of aligning the business with sustainability standards, AFC became the first South Asian finance company to achieve the prestigious status of being a holistic sustainability certified financial institution, benchmarking sustainable financing in Sri Lanka and the region.
Recent Project Highlights
biodiversityconversation and echo system restoration projects
Hill country leopard conservation project
AFC has joined hands with the wilderness and wildlife conversation, trust , founded by DR Andrew kittle and Anjali Watson – veteran conservationists and Leopard specialist. as their Financing Partner for the Peak Ridge Forest Corridor Project. the objective of this collaboration is to help protect the hill country leopards and minimize human – leopard encounters, whilst restoring eco-system of the selected area in the central hills of sri lanka.
Recent Project Highlights
Recent Events
Triple Bottom Line Value Creation
People ; Alliance finance is guided by the motto of our founders, “Earn before you spend & Others before self”. Caring for our people is almost second nature to us and we do not lose sight of these priorities while scaling our financial goals. Our efforts to empower and uplift lives extend beyond our financial solutions, to training and development, CSR, and continuous engagement of our stakeholders, adding meaning and value to their lives. We have served four generations of loyal customers over six decades and our pledge is to make a positive difference in the lives of our people for many generations to come
Planet: Our planet is the foundation of our very existence. Threatened by human activities and pushed towards the extremes of destruction for centuries, today it is in dire need of human intervention to put an end to this destruction and revive it back to its former glory. We as a company take our responsibility and role seriously to make a conscious effort to support this global cause.
We have formulated our business practices, activities, engagements, and initiatives to generate positive outcomes for the environment. From our signature tree-planting campaigns that are enabling our communities to work hand-in-hand, environmental conscious social businesses to our biodiversity and ecosystem conservation efforts, we have always been true to nature in all that we do.
Profit: At Alliance, prosperity is about win-win outcomes, with growth in our profitability accompanied by increasing livelihoods and incomes to create financial inclusivity, through our responsible financing solutions. In our journey of six decades, we have supported and empowered thousands of livelihoods enabling them to reach their economic potential. We believe in collective and sustainable growth where prosperity is created not at the expense of social and environmental wellbeing. Our innovative products, services, and processes are focused upon creating an enabling environment where all our stakeholders can thrive. Our resolute efforts will always be on to weave the threads of prosperity to the lives of our stakeholders as we march ahead together to make the world a better place through sustainable finance.
PEOPLE
PLANET
PROFIT
High Impact Goals
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Establishing New Sustainability Benchmarks for the industry
Benchmarking sustainable financing in Sri Lanka and the region, Alliance Finance Company PLC became the first finance company in South Asia to achieve the prestigious status of being a holistic sustainability certified financial institution by adopting a pioneering global Sustainability Standard and Certification Initiative (SSCI) recently.
The SSCI is the first global standard for financial institutions encompassing a framework for the holistic integration of social and environmental sustainability, and to drive innovation within the organizational structure ensuring long-term benefits. It enables institutions to create new income streams and opportunities for mobilizing funds to finance businesses and projects that create meaningful social and environmental impacts. This certification will ensure that the work and strategies of Alliance Finance Company PLC are compatible with the Global UN Sustainable Development Goals (SDGs) and national development agendas.
Sustainability Certification
Recognizing the commitment and contribution towards sustainable development in Sri Lanka, in 2017, AFC was accepted into Sustainable Standards and Certificate Initiative (SSCI) developed and promoted by the International Council of sustainability Standards for Value-Driven Financial Institutions, at Karlsruhe Sustainable Finance Forum, Germany. In 2020, followed by a rigorous process of aligning the business with sustainability standards, AFC became the first South Asian finance company to achieve the prestigious status of being a holistic sustainability certified financial institution, benchmarking sustainable financing in Sri Lanka and the region
Sustainability News
USAID, Alliance Finance to promote climate proofing investments
” USAID, Alliance Finance to promote climate proofing investments”
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FHA Program
The Finance Houses Association of Sri Lanka (FHA) marked their...
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At Alliance Finance Company we are here to help you.
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PROACTIVE SUSTAINABILITY
Biodiversity conservation and ecosystem restoration
Social entrepreneur empowerment
AFC gas converted tuks
AFC Organic Vegetable
