Sri Lanka Insurance to adopt eco-friendly waste management system

Exchanging the MoU between SLIC and ICC. From left: ICC Director Nihal De Seram, ICC Director Nishan Weerasooriya, SLIC Chairman Jagath Wellawatta, and SLIC CEO Chandana L. Aluthgama

Sri Lanka Insurance, the leading local insurer joins with ICC Smart Eco Solutions to bring an environmentally sustainable waste management system.

The project was kicked off today at a media conference held at the SLIC Auditorium with the participation of SLIC Chairman Jagath Wellawatta, SLIC CEO Chandana L. Aluthgama, ICC Director Nishan Weerasooriya, ICC Director Nihal De Seram and senior corporate management of SLIC.

As a sustainable solution for the food waste management, a Quick Composter Machine has been installed at SLIC head office premises to reduce its organic waste and convert garbage into healthy compost within 24 hours. The machine will convert the organic waste to compost, reducing garbage volume by 80% without any smell, gas or smoke.

Due to the increasingly congested environment, Sri Lanka generates 7,000 MT of solid waste per day and out of that 63.6% is short-term biodegradable and a high proportion of this waste is food waste.

Food waste in open garbage dumps, produce methane, a greenhouse gas, considered more detrimental to the environment than carbon dioxide. According to 2016 UNEP report, food waste is responsible for producing 3.3 billion tons of greenhouse gases. 14% of the world’s carbon dioxide emissions are caused by food waste.

Sri Lanka Insurance as a pioneer in the industry leads the way to make a positive change towards the environment and invites all corporate citizens to follow the way to create a safer and healthier environment.