“One million trees for unity” wins Outstanding Sustainable Project Financing category at Karlsruhe Sustainable Finance Awards 2021
Alliance Finance Co. PLC, (AFC), Sri Lanka’s oldest finance company with over 65 years of expertise in offering affordable and inclusive sustainable finance solutions to empower the nation has clinched yet another international award in sustainability. The Project which helped AFC win this important award was the “One million trees for unity” project.
The Karlsruhe Sustainable Finance Awards 2021, conducted by the European Organisation for Sustainable Development (EOSD), awards projects have created a positive impact in the field of sustainability, globally. This is the third sustainability award, Alliance Finance has bagged in the year 2021.
The “One million trees for unity” project which was initiated by AFC in 2018, aims to plant one-million tress across Sri Lanka by 2025. This project mainly aims to reduce the carbon foot print of Sri Lanka by 120,000 metric tons by the year 2030. It also provides a significant contribution to Sri Lanka’s National Bonn challenge; which aims to increase the forest cover of Sri Lanka to reach 32% by 2030. Under this project, AFC has planted over 380,000 plants to date in partnership with the Road Development Authority (RDA), Lion’s Club, Tri forces of Sri Lanka, various Universities, schools, places of worship, municipal councils and urban councils.
Speaking about this award, Deputy Chairman and Managing Director of AFC, Mr. Romani de Silva stated, ‘ We are truly honored to be the recipient of this prestigious award. We at AFC, constantly thrive to be the best at what we do and this award is a testament to that. We look forward to continuing and improving our sustainable finance activities in the new year and increasing the positive impact we make on the sustainable development of our nation”.