About LB Sustainability

Leading the way as a responsible corporate citizen, LBF has embraced sustainability as a high priority item in its corporate agenda. Having understood the importance of being sustainable in all aspects of our operations at all levels as well as product development process, values of sustainability are embedded in our strategy. We drive our sustainability values with commitment and dedication, and necessary Board oversight to focus on creating value for stakeholders.

Company Overview

L B Finance PLC (LBF) was incorporated in May 1971 as a private limited liability Company and in 1982 converted into a public limited liability Company. Several years later, in 1997, the Company was listed on the Colombo Stock Exchange and again in June 2008 re-registered under the new Companies Act No. 7 of 2007. Initially, the majority shareholding was held by Lewis Brown & Company Limited and subsequently, in 1994, Vanik Incorporation Limited acquired the controlling interest of the Company.

Mr. Dhammika Perera, a renowned Sri Lankan entrepreneur, took over the Company in 2003, after which L B Finance PLC became part of the Vallibel One PLC Group, a highly diversified local conglomerate with interests in; lifestyle, finance, aluminium, plantation, leisure, consumer and investments. L B Finance PLC’s journey over the past 50 years is marked by a long list of accomplishments that places the Company as one of the top tier financial institutions in Sri Lanka today.At L B Finance PLC, we aim to be purpose-driven in everything we do. Our strategy and business model to our corporate culture, all reflect our desire to go beyond a mainstream financial services institution to touch the lives of people, support businesses and help the country to embrace the progress. We have a clear vision for the future, which drives our passion to help people achieve their ambitions in the right way. This is brought to life through our mission to realise our values that define the way we think, work and act across the Company. Backed by our long-standing presence spanning 50 years coupled with our local expertise, we believe we have the right credentials to spearhead growth for the benefit of all those in Sri Lanka.

Awards

We are a well-known Company for the way we conduct the business. We do not seek awards or rely on our performance. We appreciate the acknowledgement of our efforts because it validates our approach and reinforces our commitment towards stakeholders.

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CA Sri Lanka

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CMA Sri Lanka

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SLIM Neilson

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ACCA

LB sustainability
Rs.
24.09
 Mn
Total Sustainability Cost
15492
Total Volunteer Hours
827
Trees Saved
684
Active Volunteers
48,643
 Kg
Waste Paper Recycled
3,480

tCO2e

Neutralized Carbon Footprint
28
CSR Initiatives