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As environmental, social and governance (ESG) factors have
become a growing focus for companies and their shareholders,
financiers, employees and other stakeholders, they have also become
increasingly important to the success of M&A transactions.
ESG factors are now seen as important value drivers for
dealmakers, as well as being essential to corporate values and
reputational expectations. Effective diligence, evaluation and
management of ESG considerations are critical steps for parties to
take to mitigate risk, achieve beneficial outcomes and synergies,
and successfully execute transactions. This article explores key
Ceylinco Life’s 2019 Annual Report ranked among 10 Best Integrated Reports by CMA
January, 13, 2021
Ceylinco Life’s 2019 Annual Report was ranked among the 10 Best Integrated Reports at the 6
th edition of the ‘CMA Excellence in Integrated Reporting Awards 2020’ presented by the Institute of Certified Management Accountants (CMA) of Sri Lanka.
Themed ‘Derisking the Future,’ this fifth integrated annual report of the life insurance leader reflected on the strength of its life insurance products, which enable its policyholders to achieve their potential and aspirations while the company safeguards them as they progress in life.
Ceylinco Life has adopted the Integrated Reporting Framework since 2015 subsequent to the segregation of Life and General Insurance into separate business entities under Section 53 of the Regulation of Insurance Industry (Amendment) Act No 3 of 2011, which came into effect that year. The Company said its intention in Integrated Reporting is to p