Oxford College of Business Honoured at CMA Excellence in Integrated Reporting Awards 2024

Wins “Best Integrated Report – Small & Medium Enterprises (Higher Education)” and Secures a Spot in the “Ten Best Integrated Reports”

Oxford College of Business (OCB), Sri Lanka’s most decorated higher education provider, has achieved a monumental milestone at the prestigious CMA Excellence in Integrated Reporting Awards 2024. The institution’s 2023/24 Annual Report, titled “Transformation – Movements through Sustainability,” was awarded “Best Integrated Report – Small & Medium Enterprises (Higher Education)” and also recognized as one of the “Ten Best Integrated Reports” of the year.

The awards, hosted 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. This recognition highlights OCB’s commitment to fostering sustainable education while aligning with global reporting standards.

A Vision of Transformation and Sustainability

OCB’s award-winning report underscores the institution’s commitment to sustainability, innovation, and excellence in higher education. The theme, “Transformation – Movements through Sustainability,” encapsulates OCB’s journey toward becoming a leader in sustainable higher education.

The Director/CEO of Oxford College of Business, Mr. Malindu Ranasinghe said “I give all glory and honour to Christ alone for these remarkable achievements! Our primary focus is to provide high-quality higher education while instilling a sense of environmental responsibility within our students, staff, and partners. In our move towards net zero, we embrace the possibilities for innovation and inspiration, turning sustainability from a plan into reality. Our Annual Report report is a benchmark for institutions aiming to align educational excellence with sustainability. It’s a testament to our forward-thinking approach and dedication to creating a better future for all our stakeholders”

Commitment to Sustainability

The report emphasizes OCB’s strategic initiatives in embedding sustainability across its operations. Highlights include:

• Environmental Responsibility: OCB’s ambitious plan to achieve net-zero emissions involves adopting green infrastructure, reducing waste, and incorporating renewable energy solutions.
• Social Impact: The institution has launched several community-focused programs, encouraging students to engage in projects that address societal challenges.
• Economic Responsibility: By fostering partnerships with industries and stakeholders, Oxford College of Business ensures that students are equipped with the skills needed for a sustainable future.

Bridging Education and Sustainability

OCB’s approach to sustainability extends beyond its campus. The report outlines efforts to integrate sustainability into the curriculum, ensuring that graduates are not only academically proficient but also environmentally conscious.

Mr. Malindu Ranasinghe further stated that: “This award affirms our efforts to lead by example in the higher education sector. We aim to inspire our students to champion sustainability, innovate solutions, and drive meaningful change in their communities.”

Recognition at the CMA Excellence in Integrated Reporting Awards

The CMA Excellence in Integrated Reporting Awards, now in its 10th year, celebrates organizations that adopt integrated reporting practices to showcase how they create, preserve, or erode value over time.

OCB’s report stood out for its strategic alignment with global reporting standards and its emphasis on long-term value creation. The judging panel, led by Prof. Ho Yew Kee of the City University of Hong Kong, praised the report’s clarity, comprehensiveness, and commitment to sustainability.

A Foundation for Future Growth

The report not only reflects OCB’s achievements over the past year but also sets a foundation for future growth. The institution’s leadership remains steadfast in its mission to provide holistic and effective education while fostering a culture of innovation and sustainability.

Looking Ahead

With this recognition, Oxford College of Business is poised to further its commitment to sustainable education and leadership. The institution plans to expand its sustainability initiatives, engage in more community partnerships, and continue to innovate in teaching and learning.

The CMA Excellence in Integrated Reporting Awards has solidified OCB’s position as a trailblazer in higher education and sustainability. As the institution continues to push boundaries, its commitment to excellence and innovation remains unwavering.