Union Assurance achieves milestone at ACCA Sustainability Awards 2017
Union Assurance was once again in the limelight at the recently concluded Sustainability Reporting Awards ceremony conducted by the Association of Chartered Certified Accountants (ACCA) Sri Lanka.
UA was recognised as the joint winner in the Financial Services and Insurance category, at the event held on February 28th. This is the 14th consecutive year that the ACCA has organised this event, and the 10th instance that UA has been recognised among its peers for sustainable business practices.
UA believes that maintaining strong and value adding relationships with all stakeholders is crucial for the company’s success. Offering a wide range of solutions to customers, backed by unmatched service standards, investing in employee development and professionalism, building strong relationships with business partners, contributing to the betterment of the community and mitigating the company’s impact on the environment are key sustainability priorities for UA.
Union Assurance Director/chief Executive Officer Dirk Pereira, expressing his views stated that: “With over 30 years of excellence within the insurance industry, we try to achieve our business objectives within a sustainability framework which balances multiple stakeholder groups. We are privileged to receive this award, which will surely motivate the team to do even better in the years ahead.”
Union Assurance has been awarded with an array of awards in the past for its commitment towards good governance, accountability and transparency from the Institute of Chartered Accountants of Sri Lanka (ICASL) and the South Asian Federation of Accountants (SAFA). UA was selected as a Great Place to Work for the fifth consecutive year by the GPTW Institute, won awards for business excellence from the National Chamber of Commerce (NCCSL) and was the only recipient of a Platinum award from the Sri Lanka Institute of Training and Development (SLITAD) in recognition of the human resource development practices executed throughout the years. In 2017, UA touched approximately 800,000 lives as part of the company’s CSR campaigns to promote health and wellness, educating communities in order to prevent the spread of dengue, thalassemia and diabetes. The company also managed to reduce its carbon footprint by 21 percent.