Tuesday, February 28, 2017

JKH bags overall crown at ACCA Sustainability Awards

John Keells Holdings (JKH) won the overall crown of being Sri Lanka’s most transparent company at the ACCA Sri Lanka Sustainability Reporting Awards yesterday.

JKH also topped the Conglomerates and Diversified category, while Diesel & Motor Engineering (DIMO) further etched its corporate stewardship by emerging Runner Up overall and winning the Retail and Trading category. In the banking category, Sampath Bank emerged the winner while HNB came in runner up, while Expolanka Holdings was the runner up in the Conglomerates and Diversified category.

Winning the Financial Services and Insurance category was Union Assurance with the Runner Up being Citizens Development Business Finance, while in the Retail and Trading sector Runner Up was American & Efird Lanka.

John Keells Hotels and Aitken Spence Hotel Holdings were adjudged Winner and Runner Up in the Leisure and Connected Services and Nawaloka Hospitals won the General Services and Utilities category. Seemasahitha Sanasa Rakshana Samagama was the winner in the SME category and Vidullanka PLC emerged Runners Up.

“It is inspiring to see the private sector leading the way on sustainability and recognizing institutions that have excelled in their efforts.

The UN system looks forward to engaging further on implementing and achieving the 2030 Sustainable Development Agenda to ensure that we leave no one behind,” UNs Resident Coordinator in SriLanka Una McCauley said. Adding to this, President of the Member Network Panel of ACCA Sri Lanka Adrian Perera, said that what the world needs is a true wholehearted action, not for short term profits. “These days Sri Lanka is facing energy, water and a food crises. While the solutions are at hand, we continue to take the easy path.

For example, Sri Lanka is blessed to be surrounded by the Indian ocean but still continues to import fish products from overseas. This is similar with our energy, food and water issues.” Speaking on behalf of the panel of judges, Franklyn Amerasinghe commended the reports that had made the grade, saying that each had succeeded in the primary judging criteria of the 3Cs of Completeness, Credibility and Communication and thus infused best practices in sustainability reporting which is imperative to operating a sustainable business.

The Awards Ceremony, now in its thirteenth year and each year works on a theme, this year highlighted ‘Sustainability and its many facets’, underlining six of the 17 UN Sustainable Development Goals.

The fifteen awards presented across seven industry categories demonstrated a comprehensive coverage of the three fundamental pillars of sustainability, namely economic, social and environment and were selected from nearly sixty applicants. 

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