Preventing the Next Banking Fraud: A Governance Blueprint for Sri Lankan Boards
Sri Lanka’s banking sector has the governance rules. The NDB fraud shows the gap is implementation. What boards must actually do to prevent the next one.
Sri Lanka's ESG & Sustainability Intelligence Platform
Sri Lanka’s banking sector has the governance rules. The NDB fraud shows the gap is implementation. What boards must actually do to prevent the next one.
LEARNING HUB · 8 min read The world’s most widely used sustainability reporting framework, in plain English — how it is built, how a company actually uses it, and why it answers a different question from the one Sri Lanka’s new mandatory standards ask. By the ESGNexus Editorial Team · July 2026 · Estimated reading … Read more
SECTOR ANALYSIS · ESG · 9 min read The frameworks are in place, the green bonds are being issued, and the ESG committees are staffed. What remains scarce is the one thing that turns commitment into accountability: hard, comparable outcome data. A sourced look at where the sector actually stands. By the ESGNexus Editorial Team … Read more
LEARNING HUB · 7 min read Three terms, used interchangeably in Sri Lankan boardrooms, that mean genuinely different things. One is a company’s values. One is a measurement standard. One is the umbrella over both — and only one of them is now written into Sri Lankan reporting law. By the ESGNexus Editorial Team · … Read more
LEARNING HUB · 8 min read Three pillars. One framework. The language of modern business accountability — increasingly, the language regulators, investors, and lenders expect Sri Lankan companies to speak fluently. By the ESGNexus Editorial Team · July 2026 · Estimated reading time: 8 minutes IN A NUTSHELLESG stands for Environmental, Social, and Governance — … Read more
ESGNexus.lk · Policy & Regulation The Central Bank of Sri Lanka launched its most ambitious sustainable finance framework to date on 5 May 2025. Roadmap 2.0 goes well beyond green lending — expanding into social equity, MSMEs, and gender equality. Every bank, every large corporate borrower, and every financial institution in Sri Lanka needs to … Read more
ESGNexus.lk · Policy & Regulation The top 100 CSE-listed companies were required to comply with SLFRS S1 and S2 from 1 January 2025. All main board-listed entities must follow by 2026. Here is what the standards require, who must act, and what happens if you don’t. By the ESGNexus Editorial Team · June 2026 · … Read more
ESGNexus.lk · Policy & Regulation Every company listed on the Colombo Stock Exchange is now subject to a comprehensive set of ESG-related governance obligations — many of which took effect in October 2023, with the ESG Sustainability Policy requirement added in October 2024. Most boards are not fully compliant. Here is a clear-eyed assessment of … Read more
ESGNexus.lk · Policy & Regulation Two new sustainability standards are now mandatory for Sri Lanka’s largest listed companies. One covers every sustainability risk that is financially material to your business. The other covers climate — always. Here is what they require, in plain English, without the jargon By the ESGNexus Editorial Team · June 2026 … Read more
ESGNexus.lk · Insights & Analysis Sri Lanka has built a credible regulatory architecture for mandatory sustainability reporting — SLFRS S1 and S2, the CBSL Roadmap 2.0, and the SEC’s governance rules. But regulatory ambition and corporate preparedness are two different things. This is an evidence-based assessment of where Sri Lanka’s listed sector actually stands — … Read more