The outcomes of environmental sustainability and responsible practices have profound implications for our stakeholders. At Ceylinco Life, we prioritize stakeholder needs and adhere to the highest standards of excellence, ensuring we uphold globally recognized principles and maintain our reputation as a responsible corporate entity. Our ability to navigate the evolving regulatory landscape and meet market expectations strengthens stakeholder confidence.
Climate change and related insurance risks are growing concerns in Sri Lanka, particularly regarding natural disasters and extreme weather events. As an insurance company with a long-term growth perspective, our purpose is to protect ourselves and our stakeholders from potential risks. We engage in various climate change mitigation strategies to safeguard our future.
Sustainable practices, such as green investments and eco-friendly initiatives, ensure long-term financial stability. These commitments enable us to deliver value and support the community and future generations for years to come.

While Sri Lanka has several environmental regulations, the insurance sector lacks clear guidelines for integrating ESG (Environmental, Social, Governance) factors into risk assessments and operations. Additionally, high implementation costs and limited financial resources pose challenges for businesses.
Promoting environmentally friendly policies and initiating renewable energy projects, water recycling, wastewater management, and sustainable investments face obstacles due to the market's lack of knowledge and capabilities. At Ceylinco Life, we have overcome these challenges through our relentless commitment.
Although the transition to renewable energy and other sustainable investments helps mitigate climate change impacts, more momentum is needed to bridge the gap in terms of necessary expertise, affordability, and sourcing of required materials and resources. We understand the issues and implications of climate change pose challenges to our operations and believe strengthening disaster preparedness and risk management functions is crucial for building organizational resilience and successfully meeting these challenges.

The rise of natural disasters and supply chain disruptions is driving a shift towards sustainable and low-carbon economies. This will require stricter regulations, increased reporting requirements, and evolving consumer preferences. The financial and investment sectors are expected to undergo significant transformation due to digitalization and workforce development. Ceylinco Life is addressing these impacts by integrating sustainable practices, investing in green technologies, and fostering environmental responsibility to navigate climate change challenges.

Ceylinco Life is dedicated to integrating sustainable practices across all aspects of our operations, with the ambitious long-term goal of achieving Net-Zero Carbon Emissions. We are committed to consistently reducing our greenhouse gas (GHG) emissions by 5% year-on-year. Our comprehensive strategy encompasses every facet of our business and is detailed extensively throughout this report. For more information, please refer to pages 153-166 of this report.

The Company takes a strong stance against greenwashing by prioritizing transparency, authenticity, and verifiable environmental data in its disclosures. We are committed to long-term sustainability goals, supported by third-party audits and measurable outcomes, ensuring all claims are based on clear, actionable metrics. Regular engagement with stakeholders allows us to gather feedback and adopt practices in line with evolving global standards. By aligning with recognized frameworks and embedding sustainability across our operations, we foster a culture of continuous improvement and accountability, building trust with customers, investors, and regulators.