SLAF workshop on Carbon Footprint and Climate Reporting

Tuesday, 25 March 2025 05:12 - - {{hitsCtrl.values.hits}}

As businesses worldwide face increasing pressure to disclose their environmental impact, sustainability reporting standards such as the International Financial Reporting Standards (IFRS) and Sri Lanka Financial Reporting Standards (SLFRS) have become essential tools for corporate accountability.

These frameworks ensure transparent financial and sustainability disclosures, helping companies measure their carbon footprint, align with global regulatory expectations, and improve investor confidence. With SLFRS S1 and S2 now mandatory for listed companies in Sri Lanka, businesses must adapt to these evolving requirements to maintain credibility and competitiveness in global markets.

Recognising this need, the Sri Lanka Agripreneurs Forum (SLAF) successfully hosted a workshop on Carbon Footprint and Climate Reporting at Cinnamon Lakeside, bringing together corporate leaders, sustainability professionals, and industry experts to discuss climate accountability in business.

The event featured key insights from climate and sustainability experts, who shared practical strategies on carbon footprint calculations, emissions management, and corporate sustainability reporting. Participants also explored emerging trends in climate finance and regulatory changes shaping business practices.

A key focus was on Sri Lanka’s adoption of SLFRS S1 and S2 standards, which align with IFRS, and aim to enhance financial transparency, boost investor confidence, and ensure global market comparability.

Encouraged by the strong response, the SLAF has announced plans to expand the workshop series, reinforcing its commitment to equipping businesses with the tools needed for climate accountability.

This initiative reflects Sri Lanka’s growing momentum towards a greener and more responsible corporate sector.