The Commercial Bank of Ceylon has been named the Asia Pacific regional winner of the Circular Economy Commitment award at the sixth annual Sustainable Finance Awards presented by Global Finance. The award recognises leadership in advancing financing initiatives that promote the reuse and regeneration of materials and resources, thereby supporting production models that are environmentally [...]

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ComBank secures Global Finance Asia-Pacific regional award

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The Commercial Bank of Ceylon has been named the Asia Pacific regional winner of the Circular Economy Commitment award at the sixth annual Sustainable Finance Awards presented by Global Finance.

The award recognises leadership in advancing financing initiatives that promote the reuse and regeneration of materials and resources, thereby supporting production models that are environmentally sustainable and climate-resilient. Among the other regional recipients of the Circular Economy Commitment award this year are Scotiabank for North America and VUB for Central and Eastern Europe, the local bank said in a media release.   Kapila Hettihamu, Chief Risk Officer at Commercial Bank, accepted the award on behalf of the bank at the presentation ceremony held recently in London.

Global Finance announced the winners of its Sustainable Finance Awards programme for 2025, honouring global, regional and local leadership in funding initiatives designed to mitigate the negative impacts of climate change and contribute to a more sustainable future. Winners were selected by the editors of Global Finance based on formal submissions and independent research, with evaluation criteria encompassing governance policies, strategic goals and measurable achievements in environmental and social sustainability financing during the period January to December 2025.

Winners have been chosen in areas such as overall sustainability financing, excellence in bond issues, community support, resource management, transparency and reporting, infrastructure, and emerging-markets sustainability funding, the magazine said.

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