SUPPLEMENTARY INFORMATION

GRI Index

Statement of use

Bank of Ceylon has reported the information cited in this GRI content index for the period 1 January 2022 to 31 December 2022 with reference to the GRI Standards.

GRI 1 used

GRI 1: Foundation 2021

GRI Standard Disclosure Location/Explanation
GRI 2: General Disclosures 2021 2-1 Organisational details 8
2-2 Entities included in the organisation’s sustainability reporting 4
2-3 Reporting period, frequency and contact point 4
2-4 Restatements of information 4
2-5 External assurance 407
2-6 Activities, value chain and other business relationships 40
2-7 Employees 89.99
2-8 Workers who are not employees 91
2-9 Governance structure and composition 123
2-10 Nomination and selection of the highest governance body 124
2-11 Chair of the highest governance body 123
2-12 Role of the highest governance body in overseeing
the Management of impacts 		121
2-13 Delegation of responsibility for managing impacts 123
2-14 Role of the highest governance body in sustainability reporting 121
2-15 Conflicts of interest 123
2-16 Communication of critical concerns 124
2-17 Collective knowledge of the highest governance body 27, 124
2-18 Evaluation of the performance of the highest governance body 129
2-19 Remuneration policies 95, 129
2-20 Process to determine remuneration 129
2-21 Annual total compensation ratio 206
2-22 Statement on sustainable development strategy 55-59
2-23 Policy commitments 43, 53
2-24 Embedding policy commitments 53
2-25 Processes to remediate negative impacts 45
2-26 Mechanisms for seeking advice and raising concerns 47
2-27 Compliance with laws and regulations 158, 361
2-28 Membership associations 116
2-29 Approach to stakeholder engagement 76-118
2-30 Collective bargaining agreements 93, 95
GRI 3: Material Topics 2021 3-1 Process to determine material topics 49
3-2 List of material topics 49-51
3-3 Management of material topics 49-51, 76-116
GRI 201: Economic Performance 2016 201-1 Direct economic value generated and distributed 42
201-2 Financial implications and other risks and opportunities
due to climate change 		103, 107
201-3 Defined benefit plan obligations and other retirement plans 95, 293
GRI 202: Market Presence 2016 202-2 Proportion of senior management hired from the local community 91
GRI 203: Indirect Economic Impacts 2016 203-1 Infrastructure investments and services supported 105, 106
203-2 Significant indirect economic impacts 82
GRI 204: Procurement Practices 2016 204-1 Proportion of spending on local suppliers 114-115
GRI 205: Anti-corruption 2016 205-2 Communication and training about anti-corruption
policies and procedures 		59, 128
GRI 207: Tax 2019 207-1 Approach to tax 188, 197, 209
207-2 Tax governance, control, and risk management 188, 197, 209
207-3 Stakeholder engagement and management of concerns
related to tax 		158, 209
207-4 Country-by-country reporting 188
GRI 302: Energy 2016 302-1 Energy consumption within the organisation 111, 112
302-2 Energy consumption outside of the organisation 57, 108
302-3 Energy intensity 103
302-4 Reduction of energy consumption 13, 108, 111
302-5 Reductions in energy requirements of products and services 57
GRI 305: Emissions 2016 305-1 Direct (Scope 1) GHG emissions 112
305-2 Energy indirect (Scope 2) GHG emissions 112
305-3 Other indirect (Scope 3) GHG emissions 112
305-4 GHG emissions intensity 112
305-5 Reduction of GHG emissions 112
GRI 306: Waste 2020 306-1 Waste generation and significant waste-related impacts 13, 113
306-3 Waste generated 113
306-4 Waste diverted from disposal 13, 113
GRI 308: Supplier Environmental Assessment 2016 308-1 New suppliers that were screened using environmental criteria 115
GRI 401: Employment 2016 401-1 New employee hires and employee turnover 94
401-2 Benefits provided to full-time employees that are not provided to
temporary or part-time employees 		95
401-3 Parental leave 93
GRI 402: Labor/Management Relations 2016 402-1 Minimum notice periods regarding operational changes 96
GRI 403: Occupational Health and Safety 2018 403-1 Occupational health and safety management system 96
403-2 Hazard identification, risk assessment, and incident investigation 96
403-3 Occupational health services 96
403-4 Worker participation, consultation, and communication on occupational health and safety 96
403-5 Worker training on occupational health and safety 96
403-6 Promotion of worker health 96
403-7 Prevention and mitigation of occupational health and
safety impacts directly linked by business relationships 		96
403-8 Workers covered by an occupational health and safety
management system 		96
403-9 Work-related injuries 96
403-10 Work-related ill health 96
GRI 404: Training and Education 2016 404-1 Average hours of training per year per employee 97
404-2 Programs for upgrading employee skills and transition
assistance programs 		56, 97
404-3 Percentage of employees receiving regular performance and career development reviews 96
GRI 405: Diversity and Equal Opportunity 2016 405-1 Diversity of governance bodies and employees 92-93
405-2 Ratio of basic salary and remuneration of women to men 91-93
GRI 406: Non-discrimination 2016 406-1 Incidents of discrimination and corrective actions taken 96
GRI 407: Freedom of Association and Collective Bargaining 2016 407-1 Operations and suppliers in which the right to freedom of association
and collective bargaining may be at risk 		115
GRI 408: Child Labor 2016 408-1 Operations and suppliers at significant risk for incidents of child labor 115
GRI 409: Forced or Compulsory Labor 2016 409-1 Operations and suppliers at significant risk for incidents of forced or compulsory labor 115
GRI 413: Local Communities 2016 413-1 Operations with local community engagement, impact assessments,
and development programs 		106
GRI 414: Supplier Social Assessment 2016 414-1 New suppliers that were screened using social criteria 115
GRI 418: Customer Privacy 2016 418-1 Substantiated complaints concerning breaches of customer privacy
and losses of customer data 		87-88