GRI honours Prof. Watawala for strengthening sustainability reporting in Sri Lanka

Global Reporting Initiative (GRI) recently honoured CMA Sri Lanka President Prof. Lakshman R. Watawala with an award for the support and contribution to strengthen sustainability reporting in Sri Lanka in order that transparency can best inform decision making around social, economic and environmental impacts.

The Colombo Stock Exchange (CSE) and the Global Reporting Initiative (GRI) hosted a forum on providing guidance to listed companies on ESG (Environmental, Social and Governance) disclosures. The theme of the forum was ‘Sustainability Reporting for Sustainable Development’. This high-level engagement was held at The Kingsbury on Thursday, 28 March.

GRI Chief Executive Tim Mohin spoke on ‘Evolution of Corporate Reporting: Sustainability and Integration’ and some of the other speakers included First Secretary for Development at the Australian High Commission in Sri Lanka, Dr. Thomas Davis, CSE CEO Rajeeva Bandaranaike and GRI South Asia Director Dr. Aditi Haldar.  

CSE and GRI also launched the second version of an ESG Guidance document on Communicating Sustainability, which will help listed companies address topics related to environmental, social and governance (ESG) in their capital market communication.

CMA Sri Lanka will also conduct the CMA Excellence in Integrated Reporting Awards 2019 for the fifth year in succession in July this year followed by a conference on ‘Sustainability Development Goals Agenda 2030 – The role of the professional accountant’.