Home / Other Sectors/ UN Global Compact Sri Lanka renews pledge to support growth of responsible Sri Lankan businesses

UN Global Compact Sri Lanka renews pledge to support growth of responsible Sri Lankan businesses


Comments / {{hitsCtrl.values.hits}} Views / Thursday, 25 October 2018 00:00


The United Nations Global Compact Network Sri Lanka is the local chapter of the world’s largest corporate sustainability initiative. Earlier this year, it welcomed Dilhan C. Fernando CEO of Dilmah as Chairman and Azam Bakeer-Markar, Assistant Vice President Business Development and Head of Sustainability, Aitken Spence as Representative/CEO taking over from Dr. Rohan Fernando and Sutheash Balasubramaniam respectively. Together with a renewed Board of Directors, they reaffirmed their commitment to ensuring Sri Lanka’s business sector develops in a sustainable manner.  

The Board of Directors comprises of CEOs and other leaders from a range of industries including:  Supun Weerasinghe of Dialog, Darshi Talpahewa of Hayleys, Shakthi Ranatunga of MAS, Sumeet Verma of Unilever Sri Lanka and Denver De Zylva of Virtusa. They join Ravi Fernando of INSEAD and Rathika De Silva of DNV who were part of the original Board and Jorn Sorensen, Country Director of UNDP as an ex officio member. Established in 2006 and incorporated in 2011, the local chapter includes a total of 40 Sri Lankan companies; and join over 9,500 companies in this inter sectoral and international global movement.  

Members follow Ten Guiding Principles aimed at connecting business practices with labour and human rights, the environment and anti-corruption. It further resolves to engage business to support the meeting of the 2030 Sustainable Development Goals agenda. Although adhering to the UN Global Compact is voluntary, the principles ensure that any organisation signing up for membership operate on a fundamental understanding of sustainability and uphold its values. 

“The voluntary nature of the UN Global Compact raises the bar for all Companies in Sri Lanka to self-monitor, although it might be perceived as a tick box exercise, it challenges companies and their leaders to subscribe to a different way of doing business, said Dilhan C. Fernando, Chairman UNGC Network Sri Lanka. 

“Business as a force for good that does no harm to the societal and environmental fabric of Sri Lanka has more opportunity versus a downside. The Companies within the UNGC SL Board, Steering Committee and Members already realise the value of this; we are keen on sharing this with others including small and medium enterprises so that they may gain the knowledge, tools and best practices and are able to benefit from it,” he concluded. 

Over the past few months Dilmah, MAS Holdings and Unilever have supported forums, workshops and meetings to inform, collaborate and align to the guiding principles. An additional workshop was held for members on Communicating on Progress on 12 October from 3-5 p.m. at the Ceylon Chamber of Commerce at Navam Mawatha. Finally, a national and regional forum ‘Making Global Goals Local’ is planned for the 1st quarter of 2019. 


Share This Article

Facebook Twitter


DISCLAIMER:

1. All comments will be moderated by the Daily FT Web Editor.

2. Comments that are abusive, obscene, incendiary, defamatory or irrelevant will not be published.

3. We may remove hyperlinks within comments.

4. Kindly use a genuine email ID and provide your name.

5. Spamming the comments section under different user names may result in being blacklisted.

COMMENTS

Today's Columnists

An executive presidency and a technocratic Cabinet accountable to Parliament

Thursday, 21 November 2019

Basil Rajapaksa of the winning party in the 2019 Presidential Election had said that the 19th Amendment (19A) has some good parts and some bad parts. The 19A indeed gives us much despite its flaws. However, the lack of a coherent architecture therein


Sibling wins, patriarch celebrates and minorities stunned

Thursday, 21 November 2019

Is there a more precious gift a family patriarch, who himself a former ruler, could expect to receive on his 74th birthday, than to see his own brother becoming the supreme head of the country he ruled? The victory of Nandasena Gotabaya Rajapaksa (GR


Air India over Colombo

Thursday, 21 November 2019

Amidst the busy politicking in November an unexpected appearance of quite a number of packets of air over the country and in particularly over Colombo caused some distractions and elicited few warnings of a different type. This is about the smog-la


Post-mortem on UNP defeat

Wednesday, 20 November 2019

I believe no post-mortems are necessary on the causes for defeat of the UNP candidate as the reasons were very clear seeing the bickering at the very first post-election meeting of the UNP hierarchy held earlier this week. Although at the election th


Columnists More