ComBank Accelerates 'ForwardTogether' 2026 Sustainable Transformation 📈

Commercial Bank of Ceylon (ComBank) has advanced its sustainable banking agenda through the "ForwardTogether 2026" initiative, shifting focus from strategy to practical corporate action in partnership with the IFC. • Core Objective: To operationalize sustainability by bridging the gap between national policy and the real economy, focusing on capacity building for corporate and personal banking customers. • Key Partnerships: Collaborative efforts with the International Finance Corporation (IFC) as a knowledge partner to implement the Partnership for Carbon Accounting Financials (PCAF) methodology to assess financed emissions. • Strategic Pillars: • Climate Action: Development of a comprehensive Climate Transition Plan aligned with global best practices. • Risk Management: Technical focus on reducing climate risk exposure while unlocking green investment opportunities. • Value Creation: Enhancing business competitiveness and long-term resilience through responsible finance and innovation. • Sector Impact: The initiative targets corporate transformation across various industries, emphasizing that long-term economic outcomes are increasingly influenced by climate considerations and regulatory evolution. The bank continues to transition from a traditional financier to a catalyst for a resilient and inclusive economy through this structured three-pillar sustainability approach.