Asia Asset Finance PLC has replaced every vehicle in its company fleet with an electric vehicle, marking a decisive step in its sustainability journey. The company’s ambition extends further: it eventually plans to install electric vehicle charging points at every branch location, bringing cleaner mobility into the heart of its nationwide operations.
For a financial institution, this is a powerful expression of leadership. The decisions that shape a sustainable future extend beyond the products offered to customers. They include how a company operates, where it invests and the example it sets.
By moving its entire fleet to electric vehicles, Asia Asset Finance is translating environmental commitment into everyday business practice.
The transition builds on its award-winning, ongoing “Clean Sri Lanka – Hetata Atak” programme and broader sustainability and community work. From caring for vulnerable children to supporting education and community wellbeing, the company continues to connect business growth with a responsibility to the people and places it serves.
Its electric fleet carries that same purpose onto Sri Lanka’s roads. Electric vehicles produce no exhaust emissions while driving, helping reduce roadside air pollution. Their overall environmental benefits depend on electricity generation and lifecycle factors, reinforcing the importance of responsible energy planning as the company develops its charging infrastructure.
Rajiv Gunawardana, Chief Executive Officer of Asia Asset Finance PLC, said: “Sustainability must be reflected in the decisions we make every day. Replacing our entire company fleet with electric vehicles demonstrates our commitment to putting that belief into practice. Our longer-term vision is to install charging points at every branch location, supporting this transition across our network. Together with ‘Clean Sri Lanka – Hetata Atak,’ these initiatives express our determination to build a business that creates lasting value for our customers, communities and the environment.”
That ambition is supported by the company’s established strengths: over 55 years of experience, an asset base exceeding Rs. 50 billion, a nationwide network of 125+ branches, and a Fitch rating of A+(lka) with a Stable Outlook. As a subsidiary of Muthoot Finance and member of the Muthoot Group, Asia Asset Finance combines local reach with institutional backing to connect its sustainability vision with action.
The proposed branch charging network would make the transition more deeply embedded in its operations. Each installation would represent another step towards aligning infrastructure with the company’s commitment to electric mobility.
The message is clear: sustainable leadership gains credibility when commitments change how a business works.
Through community engagement, a fully electric fleet and a longer-term vision for charging infrastructure across its branch network, Asia Asset Finance is building that credibility through action. “Hetata Atak”—a hand for tomorrow—is becoming a principle that moves with the company, shaping both its contribution to society and the roads it takes into the future.
