Oxford College of Business (OCB), Sri Lanka’s leading private higher education provider, has been honoured with the Gold Award in the Educational Services category at the prestigious TAGS Awards 2025, while also receiving a Certificate of Recognition for its Sustainability Reporting – a dual accolade that reinforces OCB’s standing as a national benchmark for service excellence, transparency, and responsible value creation in the higher education sector.

Organised annually by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the TAGS Awards recognise organisations that demonstrate the highest standards of corporate reporting, governance, transparency, and accountability. The recognition places Oxford College of Business among Sri Lanka’s most credible and forward-thinking institutions, reflecting not only the quality of its educational services, but also the maturity of its reporting practices and its commitment to embedding sustainability at the core of institutional strategy.

This year’s awards attracted participation from a diverse cross-section of Sri Lanka’s corporate and services sectors, making OCB’s Gold Award in Educational Services a significant endorsement of its consistent focus on academic quality, student experience, digital innovation, and stakeholder trust. The additional Certificate of Recognition for Sustainability Reporting underscores the institution’s growing leadership in ESG disclosure and long-term value communication.

The recognition comes at a time when Oxford College of Business has elevated the role of sustainability within its governance and reporting architecture. The 2025 Integrated Report, themed “Lasting Change – Evolution in Sustainability,” articulated OCB’s commitment to strengthening environmental and social sustainability while ensuring that quality education is delivered with purpose, empathy, and care. The report highlights how sustainability principles are embedded across academic delivery, campus operations, staff engagement, and student development – positioning education not merely as a service, but as a catalyst for responsible societal transformation.

In line with international best practice and Sri Lanka’s evolving regulatory framework, Oxford College of Business is also among the very few institutions in the country to have fully adopted Sri Lanka Accounting Standards SLFRS 1 and SLFRS 2, demonstrating leadership in climate- and sustainability-related financial disclosures. This early adoption reflects OCB’s proactive approach to transparency, risk management, and future-readiness – ensuring stakeholders are provided with credible, decision-useful information on sustainability risks, opportunities, and long-term value creation.

Commenting on the achievement, Malindu Ranasinghe, Director/CEO of Oxford College of Business, said: “The Gold Award at the TAGS Awards is a powerful affirmation of the standards we uphold in delivering education with integrity, quality, and care. Being recognised for our Sustainability Report further reinforces our commitment to transparency and responsible value creation. Our Integrated Report, themed ‘Lasting Change – Evolution in Sustainability,’ reflects how we are strengthening sustainability across every aspect of our institution while ensuring that education remains purposeful and compassionate. We are also proud to be among the early adopters of SLFRS 1 and SLFRS 2, as we believe that credible sustainability reporting is fundamental to building trust. Above all, I give glory to God for His grace and guidance, which continue to shape our journey as an institution grounded in purpose.”

The TAGS Awards recognition further strengthens Oxford College of Business’s reputation as a governance-led, sustainability-driven education provider, complementing its recent national and international accolades in integrated reporting, sustainability reporting, workplace culture, and brand trust. Together, these recognitions reflect a holistic model of institutional excellence – one that integrates academic quality, ethical governance, sustainability leadership, and stakeholder-centric value creation into a unified strategy.

As Sri Lanka’s higher education sector continues to evolve amid digital disruption, global competition, and rising expectations for accountability, Oxford College of Business remains committed to setting benchmarks for responsible education. By aligning international reporting standards with local impact and embedding sustainability into both its operating model and academic philosophy, Oxford College of Business continues to shape future-ready leaders who are equipped to create lasting change for society and the economy.

Corporate Communications
Oxford College of Business