CSR and Sustainability
At MFLC, our commitment to long-term value creation is powered by Corporate Social Responsibility (CSR) and Sustainability. Our CSR initiatives are the practical, proactive steps we take to positively impact local communities. Simultaneously, Sustainability serves as the strategic, forward-looking framework that ensures our continued relevance, resilience, and positive impact on the Maldivian nation for generations to come.
Our Environmental, Social & Governance (ESG) Policy
Maldives Finance and Leasing Company (MFLC) commits to conducting its leasing and financing activities in a manner that fosters sustainable economic growth, safeguards the Maldives' fragile environment, and promotes inclusive social progress while upholding the highest standards of governance and ethical conduct.
MFLC's ESG Policy embeds sustainability into all leasing and financing activities, aligning with the Maldives Sustainable-Finance Framework and CMDA reporting standards. It sets measurable targets for green and social financing, mandates ESG due-diligence in credit decisions, and integrates climate- and social-risk metrics into the Risk Appetite Statement. Overseen by a Board and a three-lines of defense structure, the policy employs a scoring matrix and transparent disclosures to guide and strengthen stakeholder trust, and support resilient, inclusive growth.
Sustainable Procurement
MFLC is committed to integrating comprehensive Environmental, Social, and Governance (ESG) principles into every facet of its operations. Specifically, this commitment is realized through our procurement and contracting activities, where we actively assess and prioritize suppliers and partners who align with our sustainability standards. By embedding ESG criteria into our decision-making processes, MFLC ensures that all products and services acquired support ethical labor, minimize environmental impact, and uphold strong corporate governance, driving responsible and sustainable practices throughout our entire value chain.
The Go Green Advantage:
Financing for a Sustainable Economy
Introduced in 2022, our Green Loan and Lease financing is designed to facilitate environmentally sustainable economic activity for both individual and corporate entities. We empower our customers to optimize resource use, encourage recycling, and acquire eco-friendly equipment and supplies, leading to cost savings and more efficient resource utilization.
Solar
Solar Panels
Solar Water Heaters
Photovoltaic (Solar) Cells
Energy Efficient Equipment & Vehicles
Electric Cars
Energy Efficient Lighting
Eco Friendly Appliances
Vehicle Charging Equipment
Waste & Water Treatment
Biogas Plants
Water Recycling
Remanufacturing
Soil Remediation
Processes
Development & Introduction of Eco-friendly Products
Energy Efficient Household Needs
Rainwater Harvesting Equipment
Sustainable Fishery & Agriculture
Drip Irrigation
Animal Husbandry
Smart Farm Inputs
Biological Crop Protection
Biodiversity
Conservation
Coastal Protection
Marine and Watershed Environments
Our CSR & Community Empowerment Initiatives
MFLC's CSR & Community Empowerment Initiatives represent our core commitment to creating shared value. These programs are the practical steps we take to drive positive, sustainable change, actively investing in the health, education, and prosperity of local communities across the Maldives.
Our Pledge to the 5 Million Tree Program by Ministry of Environment, Climate Change and Technology
MFLC took part in the 5 Million Tree Planting Program inaugurated by the government on the occasion of World Environment Day, by donating 50 plants and pledging to plant trees over the course of the program.
Tree Planting Event at Local Island of Thulusdhoo
A special tree planting event was held on the local island of K.Thulusdhoo where MFLC staff took part in an initiative where our team demonstrated our commitment to environmental sustainability and our love towards strengthening relationships with our communities whilst contributing to a healthier planet
Financial Literacy Awareness Programs
We believe increased competition and growing financial literacy awareness are empowering consumers. To support this, we'll enhance financial literacy through CSR initiatives, including education and training programs, and tailor our offerings to better meet customer needs.
Environmental Sustainability Awareness
We prioritize environmental sustainability. We educate our community on eco-friendly practices and implement green initiatives within our operations and encourage others to join our sustainability efforts.
Supporting local SME's
We believe that CSR initiatives are powerful tools for bolstering local SMEs. MFLC takes part in donation programs and to help support and increase visibility for small businesses to thrive and contribute to a stronger local economy.
Apply for Sponsorship & Donations
By supporting local initiatives, MFLC actively contributes to the social and economic development of the region. These efforts not only foster a positive brand image but also strengthen relationships with stakeholders while making a tangible impact on the lives of those in need.
To apply for sponsorships and donations requests, please email to pr@mflc.mv
