People’s Leasing & Finance PLC was honoured with the prestigious Silver Award at the 59th TAGS Awards 2024, in the Finance Companies, Leasing Companies, and Other Financial Institutions (total group assets above LKR 75 billion) category. The award was received in recognition of the company’s outstanding integrated annual report for 2023/24, titled “Great Partnerships”, further cementing People’s Leasing & Finance’s position as one of the pioneers in corporate reporting. The TAGS Awards is organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), and celebrates excellence in financial and non-financial reporting across diverse sectors, with a focus on Transparency, Accountability, Governance, and Sustainability (TAGS).
Further distinguishing itself, People’s Leasing & Finance was also honoured with four Special Recognitions for Excellence in Digitally Transformative Reporting, Integrated Reporting, Sustainability Reporting, and Corporate Governance Disclosure in Financial Services. Among the top 10 organisations spotlighted at the event, People’s Leasing & Finance PLC distinctly stood out for its dedication to responsible and transparent reporting practices. These victories add to People’s Leasing & Finance’s long list of accolades for excellence in integrated corporate reporting, which include top awards at local and international platforms such as the ARC Awards, the CMA Excellence in Integrated Reporting Awards, and the SAFA Best Presented Annual Reports Awards.
Harnessing a creative and engaging narrative, “Great Partnerships” drew parallels between the company’s performance and its strong partnerships, featuring its brand ambassadors, cricketing stars Kamindu Mendis and Dhananjaya de Silva. The metaphor of a classic car to was also used to illustrate how individual business operations – like the parts of a car – reveal the true value of People’s Leasing & Finance PLC as a unified entity.
Reflecting on the accomplishment, Sanjeewa Bandaranayake – Chief Executive Officer said, “Being recognised at the TAGS Awards is a tribute to the collective efforts of our team and our unwavering commitment to transparency and excellence in corporate reporting. Awards such as this motivate us to continuously raise the bar, ensuring that our financial and non-financial reporting consistently meets and exceeds global industry standards.”
The TAGS Awards 2024 recognised organisations that exemplify TAGS principles while setting benchmarks in corporate governance and sustainability. Known for its rigorous and independent evaluation process, the TAGS Awards assesses companies based on their adherence to the highest standards of corporate reporting. The platform thus highlights organisations that adopt a balanced approach, showcasing their efforts in promoting sustainability and accountability alongside strong governance practices.
