Carbon Neutral

We Lead to Inspire

We believe in Green

Greening our products lifecycle

Video Presentation of Annual Report 2018/19

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Company Overall Performance

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Company Strategic Focus

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Company Corporate Governance

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Company Operational Focus

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Company Business Line Performance

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Company Risk Management

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Company Financial performance

Sustainability Highlights

Leading the way as a responsible corporate citizen, LBF has embraced sustainability as a high priority item in its corporate agenda. Since we recognise the importance of being sustainable in all aspects of our operations, values of sustainability are embedded in the strategy, product development as well as in the operations.

 

Macro Dimension Indicator Measurement 2018/19 2017/18
Economic wellbeing Economic value added Rs. million 4,047.61 3,090.42
Economic value distributed to:
Depositors and lenders Rs. million 12,361.66 11,077.10
Employees Rs. million 2,682.61 2,389.35
Government Rs. million 4,508.35 3,038.17
Shareholders Rs. million 1,662.17 1,523.66
Social wellbeing Community development programmes Number 28 26
Staff volunteered hours Number 14,195 9,079
Environment and landscape Environment related projects Number 6 6
Water consumption m3 43,007.00 29,891.91
Water consumption per Rs. million of revenue m3 1.46 1.19
Trees planted/distributed Number 20,194 612
Trees saved by recycling paper Number 92 68
Investment on green initiatives Rs. million 16.49 3.51
Paper recycled kg 5,432 3,978
Energy consumption GJ 20,020.70 18,231.87
Energy per Rs. million of revenue GJ 0.68 0.73
Total carbon footprint tCO2e 3,997 3,223
Total carbon footprint per Rs. million of revenue tCO2e 0.13 0.12
Business sophistication Total outlets Number 163 159
Total branches Number 127 123
CDM machines Number 23 3
Branches outside Western Province Number 84 82
Gold loan centres Number 36 36
New outlets opened Number 4 5
Infrastructure and quality of services Investment on ICT Rs. million 150.52 197.20
E-connect transaction Number 7,274 3,283
Investment on freehold land and building Rs. million 1,894.80 1,002.96
Employee wellbeing

 

 

Total workforce Number 3,618 3,441
Employees hired Number 1,407 1,313

 

Employment opportunities created Number 177 220
Employees completed 20 years of service Number 23 20
Training programs carried out Number 195 113
Investment in training and development Rs. million 10.95 8.56
Total training hours Number 38,832 25,846
Average hours of training per employee Number 10.73 7.52
Staff remuneration and benefits Rs. million 2,610.60 2,305.87
Reputation Brand value (LMD) Rs. million 5,133 4,236
Brand ranking – Most Respected Entity (LMD) Number 23 33
Credit rating (Fitch Rating) Rating A- (lka) A- (lka)
Customers Total customer base Number 614,423 551,445
Customer financial solutions Number 29 27
Improvement of customer base % 11.42 14.85

 

 

Rs: 17.27 Mn

Total Sustainability Cost

2094

Total Volenteer hours

224

Trees Saved

1067

Active Volunteers

64065 Kg

Waste pepar recycled

2717tCo2e

Neutral carbon footprint

197

Initiatives