Environment
Awareness Programme on Solid Waste Management
People's Leasing and Finance PLC, joined hands with the Central Environmental Authority (CEA) in implementing another green initiative of its Corporate Social Responsibility projects at People's leasing and Finance PLC Auto Care service station. As the initial step of transforming the service station into an environmentally friendly one, a mechanism was introduced to ensure responsible disposal of solid waste generated at the premises. An awareness programme for the service station staff was also conducted by the CEA officials, Mr. Palitha Gamage and Mr. Chandana Kodippilli of the National Post Use Plastic Waste Management Project. The topics covered included proper Solid Waste Management, Environment Protection and Worker Safety.
PLC Spearheads Environmental Conservation on World Environment Day
People's Leasing and Finance PLC, organised its annual project on polythene collection and popularisation of cloth bags among pilgrims, during the "Sri Pada" season at Adams Peak on 10th March 2009. This project is one of those organised by People's leasing and Finance PLC's Ratnapura branch in the Palabaddala route for the fourth consecutive year. This year the project was extended to its Nuwara Eliya branch, where People's leasing and Finance PLC employees volunteered to undertake the project for the route from Hatton to the mountain peak. The staff of both branches also volunteered to clean and collect plastic/polythene waste from the area. Banners were displayed along the routes to make pilgrims aware of the importance of minimising polythene use and keeping the Adams Peak environment clean, for the benefit of future generations. The project was carried out with the participation of government officers of the Divisional Secretariat, neighbouring schools and voluntary environmental activists in the locality.
Education
- People's Leasing supports a CSR initiative in education together with People's Bank
- People's Leasing and Finance PLC, took up a joint Corporate Social Responsibility (CSR) initiative to assist the primary school children of Joseph Vaz College, Wennappuwa. This school hall renovation project was sponsored by People's Leasing Co. PLC together with its parent company People's Bank. The objective was to sustain the company's commitment towards education by investing in infrastructure development. The official reopening was on Friday, 16th January 2009, at the school premises in coincidence with the school's Golden Jubilee celebrations. A plaque at the renovated "Zacharius Hall" was unveiled ceremonially by Mr. W. Karunajeewa, Chairman of People's Bank and People's Leasing Co. PLC. and Mr. D.P. Kumarage, CEO/GM of People's Leasing Co. PLC. "We supported this project to uplift education, an investment in the next generation," said Mr. Kumarage. The project was ably spearheaded by Rev. Fr. Sylvester Jayakody, the Principal of Joseph Vaz College, with the blessings of His Lordship Most Rev. Dr. Dallens Mendis, the Bishop of Chilaw.
Scholarship scheme for two school going children
On the 20th of August 2008, People's Leasing Company PLC took up a Corporate Social Responsibility (CSR) initiative in Education at Uragasmanhandiya, Elpitiya in remembrance of a loyal bus customer of PLC, Mr. Warusawithana. Scholarships were granted to his two school-attending children aged 13 and 7 years after their father's sudden demise. PLC wholeheartedly extended financial assistance until completion of their tertiary education.
The scholarships were granted at a simple ceremony, where Mr. W. Karunajeewa, the Chairman of the People's Bank and PLC was the Chief Guest. Religious leaders, school principal, teachers, village leaders and PLC customers in the neighbourhood also participated in the event.
Mr. D.P. Kumarage, the Chief Executive Officer of PLC, and staff represented the company. Mr. Umesh Gautham, the Country Manager of Ashok Leyland, a corporate supplier of PLC, was among the other distinguished guests. The Moratuwa Bus Owners Association also played a large role in the success of the event.
Simultaneously, 50 student monks of Sri Wijayaghana Pirivana and 50 school children of Denzil Kobbakaduwa Vidyalaya, also in Uragasmanhandiya, were provided with stationary items.
Expansion
People's Leasing Acquires Seylan Merchant Leasing
People's Leasing Company PLC, acquired 84.5% stake in Seylan Merchant Leasing PLC (SMLL). This move, which has the fullest support of the Central Bank, brings SMLL under the ownership of People's Leasing and serves to reinstate confidence among stakeholders and the financial services industry within the country. With the acquisition of SMLL, a registered finance company, People's Leasing now has three subsidiaries under its growing umbrella, which also includes People's Leasing Fleet Management Limited and People's Leasing Property Development Limited.