Oxford College of Business (OCB), Sri Lanka’s premier higher education provider, has achieved an unprecedented milestone by securing three prestigious awards during the month of December 2024, underscoring its unwavering commitment to sustainability, transparency, and excellence in higher education in Sri Lanka.
Silver Award at the 59th TAGS Awards 2024
At the 59th TAGS Awards, organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), OCB was honoured with the Silver Award in the Small and Medium-Sized Entities category. This accolade was in recognition of OCB’s 2023/24 Annual Report titled “Transformation – Movements through Sustainability,” which exemplifies the institution’s dedication to embedding sustainable practices at the core of its operations.
Dual Honours at the CMA Excellence in Integrated Reporting Awards 2024
Further solidifying its leadership in sustainable reporting, OCB’s annual report earned the title of “Best Integrated Report – Small & Medium Enterprises (Higher Education)” at the CMA Excellence in Integrated Reporting Awards 2024. Additionally, it was recognized among the “Ten Best Integrated Reports” of the year. These awards, presented by the Certified Management Accountants (CMA) of Sri Lanka in partnership with the Colombo Stock Exchange (CSE), celebrate organizations that demonstrate excellence in integrated reporting by creating transparent, comprehensive, and value-driven reports for stakeholders.
Sector Winner at the Best Corporate Citizen Sustainability Awards 2024
OCB’s commitment to sustainability was further acknowledged at the Best Corporate Citizen Sustainability Awards 2024, organized by the Ceylon Chamber of Commerce. The institution was named the winner in the Knowledge Services sector, highlighting its pioneering efforts in promoting sustainable higher education and exemplifying its commitment to fostering innovation, leadership, and environmental stewardship.
A Trailblazer in Sri Lanka’s Private Higher Education Sector
These accolades position Oxford College of Business as a trailblazer in Sri Lanka’s private higher education sector. While other institutions have made strides in integrating sustainability into their operations, OCB’s comprehensive approach and the subsequent recognition across multiple prestigious platforms are unparalleled. This achievement sets a new benchmark for private higher education providers in the region, showcasing the potential for academic institutions to lead in corporate responsibility and sustainable practices.
Commitment to Environmental, Social, and Governance (ESG) Principles
The theme of OCB’s award-winning annual report, “Transformation – Movements through Sustainability,” reflects the institution’s vision for the future—a commitment to addressing environmental, social, and governance (ESG) priorities alongside delivering exceptional higher education. The report offers a comprehensive account of how Oxford College of Business is redefining its operational and academic practices to foster sustainability, innovation, and leadership.
Environmental Responsibility
Oxford College of Business has implemented green campus initiatives to minimize its carbon footprint, including the adoption of renewable energy sources and sustainable infrastructure. These efforts are part of an ambitious plan to achieve net-zero emissions, demonstrating the institution’s dedication to environmental stewardship.
Social Impact
The institution has launched several community-focused programs, encouraging students to engage in projects that address societal challenges. Initiatives aimed at enhancing social equity and inclusion in education further underscore OCB’s commitment to social responsibility.
Economic Sustainability
By fostering partnerships with industries and stakeholders, Oxford College of Business ensures that students are equipped with the skills needed for a sustainable future. The institution’s focus on research and innovation drives sustainable economic growth, aligning academic programs with industry needs.
Leadership Acknowledgments
Commenting on these achievements, Mr. Malindu Ranasinghe, Director/CEO of Oxford College of Business, expressed his gratitude: “I attribute this achievement to the dedication of our entire team and give all glory to Christ alone for guiding us toward these successes. These awards not only affirms our commitment to financial transparency and sustainable practices but also highlights the transformative impact education can have on society and the environment.”
Setting a Benchmark for Private Higher Education Institutions
OCB’s recognition across these prestigious platforms is a testament to its forward-thinking strategies and dedication to creating a better future for all stakeholders. The institution’s holistic approach to sustainability, encompassing environmental responsibility, social impact, and economic innovation, sets a benchmark for other private higher education institutions in Sri Lanka and beyond.
Future Endeavours
Building on this momentum, Oxford College of Business plans to expand its sustainability initiatives, engage in more community partnerships, and continue to innovate in teaching and learning. The institution aims to inspire its students to champion sustainability, innovate solutions, and drive meaningful change in their communities, reinforcing its role as a leader in sustainable higher education.
In conclusion, Oxford College of Business’s triple accolades during the month of December 2024 highlight its unwavering commitment to sustainability, transparency, and excellence in education. As a pioneer in integrating ESG principles into its operations and academic framework, Oxford College of Business sets a new standard for private higher education institutions, demonstrating that academic excellence and corporate responsibility can go hand in hand to create a sustainable future.
The post Oxford College of Business Sets a New Standard in Sustainability & Financial Reporting with Triple Accolades appeared first on Newswire.