SUSTAINABILITY REPORT - Seylan Bank

174Seylan Bank PLC Annual Report 2010Energy (EN3 to EN7)Electricity is the largest source of direct energyconsumed by the Bank. Hence, several measures arein place to minimise waste, while not compromisingon the quality of ventilation, air conditioning andlighting, which are the main points of consumption.A comparison of units consumed/ value thereof isgiven below for years 2009 and 2010.Units ConsumedValue (Rs.)2010 2009 2010 2009HeadOffice 3,239,430 3,320,669 33,463,358 35,576,494Branches 6,122,877 6,231,375 179,337,858 175,336,420Total 9,362,307 9,552,044 212,801,216 210,912,914Indirect energy consumption has also beenreduced through the various cost saving initiativesthat are in place, such as the pooling of transportvehicles, regional cash transport services etc.However, quantification has not been made dueto the complex nature of the operations. The Bankalso has several energy conservation measures inplace, such as:• Central air conditioning facilities at both headoffice and branches are limited to the officehours - 8.30 a.m. to 5.00 p.m.• The number of lifts in operation are reducedduring non-peak hours and holidays.• Energy saving bulbs are used throughout theBank, including LEDs where appropriate• Lights are switched off and computers shutdown when staff leave the premises. All staffhave been educated on this requirement.Water (EN 8)Details of water consumption at the Head Officeand Branches are given below.Units2010 2009Unit/EmployeeUnitsUnit/EmployeeIt has been identified that there is an increasein units consumed with regard to water consumptionduring the year along with expansion of network. Inlight of this the Bank is now taking steps to createawareness amongst the staff about the importanceof using water with minimum wastage.Environmental Compliance (EN28)The Bank was not subject to any sanctions or finesarising from non-compliance with environmentallaws and regulations.SOCIAL PERFORMANCEManagement ApproachOur policyWe believe that the key to our success and competitiveadvantage is our unique team commitment tocontinuous improvement and results. We arecommitted to encouraging our team members toenhance their skills; map out their careers and growboth personally and professionally. We also ensure thatthe Bank espouses and practices an equal opportunityapproach which fosters high levels of motivation.Goals and Performance and Organization’sResponsibilityThe Bank designs its HR Policies based on strategicbusiness needs and develops its human resourcesto go that extra mile to achieve organisationalgoals. The Bank’s HR Division is headed by aDeputy General Manager and he is assisted by anAssistant General Manager and the Heads of Units.The Bank’s robust training and career developmentregime has enabled it to retain the best of talentand also to recognise the most competent peopleand build a HR pipeline to drive business expansionplans. Further during the year, the Bank tookseveral measures to create a performance drivenwork culture by establishing KPIs.Head Office 34,633 29.1 27,227 23.1Branches 55,713 22.9 55,541 21.8Total/Average 90,346 24.9 82,768 22.2