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CEAT Kelani attains ISO 14064-1:2018 certification for GHG emissions reporting

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CEAT Kelani Managing Director/CEO Ravi Dadlani (Centre) receives the ISO 14064-1:2018 certification from Control Union Inspections Managing Director Roshan Ranawake in the presence of representatives of the two organisations.

CEAT Kelani Holdings has received the ISO 14064-1:2018 certification for the quantification and reporting of greenhouse gas (GHG) emissions and removals, marking a significant milestone in the company’s ongoing commitment to sustainable growth and responsible manufacturing.

The certification was issued following an independent third-party verification conducted by Control Union Inspections (Pvt) Ltd.

As the manufacturer of half of Sri Lanka’s pneumatic tyre requirements, CEAT Kelani’s achievement has significance for the country’s industrial landscape. The certification confirms the company’s adherence to internationally recognised standards for managing climate impact and aligns with Sri Lanka’s national Measurement, Reporting, and Verification (MRV) framework.

CEAT Kelani Chief Operating Officer Shamal Gunawardene said the certification was an endorsement of CEAT Kelani’s commitment to climate responsibility: “This achievement reflects the seriousness with which we integrate environmental stewardship into every aspect of our business,” he said. “From renewable energy investments to sustainable sourcing and operational efficiency, we are taking decisive steps to reduce our carbon footprint in our entire supply chain and contribute meaningfully to Sri Lanka’s climate goals.”

Under ISO 14064-1:2018, CEAT Kelani has quantified and reported its emissions across Scope 1 (direct emissions), Scope 2 (indirect energy emissions), and relevant Scope 3 (value chain) categories, adopting the operational control approach. The validation and verification of the company’s GHG inventory

assessed the completeness, accuracy, transparency, consistency, and relevance of CEAT’s disclosures, and confirmed their compliance with the standard.

The certification is underpinned by CEAT Kelani’s broader sustainability initiatives, including the commissioning of a 2.4 MW solar power plant at its main Kelaniya manufacturing facility. This installation generates 59.61 GWh of electricity over its lifetime, offsets approximately 21 per cent of the plant’s consumption from the national grid, and significantly reduces emissions to the environment. Building on this progress, the company has committed to a further 1 MW solar rooftop project at its Kalutara factory.

In addition to its solar energy projects, CEAT Kelani has implemented company-wide energy efficiency measures, biomass use for boiler operations, and a structured tree planting programme that will add 1,000 trees in multiple locations. The company also ensures that all raw materials are sourced exclusively from suppliers vetted by CEAT Ltd – India, which is committed to the Science Based Targets initiative (SBTi) goal of halving its carbon emissions by 2030 through sustainable sourcing and procurement practices.

To further institutionalise these efforts, CEAT Kelani has established a cross-functional Environmental, Social, and Governance (ESG) Council, led by the Chief Operating Officer and comprising representatives from all business functions and employee levels. The council plays a pivotal role in embedding sustainability into the company’s culture and decision-making processes, ensuring continuous improvement and alignment with global ESG standards. Implementation of energy improvement projects that optimise energy consumption per kilogram (kWh/kg) of production is now a key performance indicator (KPI), the company said.



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HNB Finance bags 2 CMA Reporting Awards 2025

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Prof. Ho Yew Kee presents the award, while Rajeeva Bandaranaike hands over the certificate to the HNB Finance team. Featured (right to left): Thushara Jayasekara – Chief Manager / Head of Corporate Planning & Analytics; Randula Munindradasa – Assistant Manager Planning & Analytics; Sandakelum Jayathunga – Senior Manager – Financial Reporting; Maheshika Samarakoon – Manager – Strategy Implementation & Reporting

HNB Finance PLC has been honoured with two prestigious accolades at the CMA Excellence in Integrated Reporting Awards 2025, reaffirming the company’s commitment to transparency, good governance, and integrated business performance.

At this year’s ceremony, HNB Finance PLC was awarded Second Runner Up – joint in the category of “Best Integrated Report , Finance and Leasing Sector”, and also received a Merit Award in recognition of its continued efforts to enhance reporting quality and strengthen stakeholder communication.

The CMA Excellence in Integrated Reporting Awards, organised annually by the Institute of Certified Management Accountants (CMA) of Sri Lanka, acknowledge organisations that demonstrate superior financial reporting standards aligned with global best practices. Winners are assessed on key criteria such as financial performance and strategic management, corporate governance and compliance, innovation and digital transformation, sustainability practices, and professional excellence.

Chaminda Prabhath, Managing Director/CEO of HNB Finance PLC, commented on the recognition, “These awards reaffirm our commitment to upholding the highest standards of integrated reporting and transparent financial disclosure. At HNB Finance, we remain focused on delivering sustainable long-term value through robust governance frameworks, prudent financial management, and continuous innovation. The acknowledgement by CMA Sri Lanka reflects the disciplined efforts of our teams across the organization and motivates us to further enhance our reporting quality, strengthen ESG integration, and reinforce our stakeholder centric approach.”

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ComBank joins ‘Liya Shakthi’ scheme to further empower women-led enterprises

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Mithila Shyamini, Assistant General Manager – Personal Banking at Commercial Bank and Jude Fernando, Chief Executive Officer of the National Credit Guarantee Institution exchange the agreement in the presence of representatives of the two organisations

The Commercial Bank of Ceylon has reaffirmed its long-standing commitment to advancing women’s empowerment and financial inclusion, by partnering with the National Credit Guarantee Institution Limited (NCGIL) as a Participating Shareholder Institution (PSI) in the newly introduced ‘Liya Shakthi’ credit guarantee scheme, designed to support women-led enterprises across Sri Lanka.

The operational launch of the scheme was marked by the handover of the first loan registration at Commercial Bank’s Head Office recently, symbolising a key step in broadening access to finance for women entrepreneurs.

Representing Commercial Bank at the event were Mithila Shyamini, Assistant General Manager – Personal Banking, Malika De Silva, Senior Manager – Development Credit Department, and Chathura Dilshan, Executive Officer of the Department. The National Credit Guarantee Institution was represented by Jude Fernando, Chief Executive Officer, and Eranjana Chandradasa, Manager-Guarantee Administration.

‘Liya Shakthi’ is a credit guarantee product introduced by the NCGIL to facilitate greater access to financing for women-led Micro, Small, and Medium Enterprises (MSMEs) that possess viable business models and sound repayment capacity but lack adequate collateral to secure traditional bank loans. Through NCGIL’s credit guarantee mechanism, Commercial Bank will be able to extend credit to a wider segment of women entrepreneurs, furthering its mission to drive inclusive economic growth.

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Prima Group Sri Lanka supports national flood relief efforts with over Rs. 300 Mn in dry rations

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Defence Secretary Air Vice Marshal (Retd) Sampath Thuyacontha receiving the donation from Sajith Gunaratne - General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera - General Manager of Ceylon Grain Elevators PLC

Prima Group Sri Lanka has pledged assistance valued at over Rs. 300 million, providing essential Prima food products to support communities affected by the recent floods across the island. This relief initiative is being coordinated through the Ministry of Defence to ensure the timely and effective distribution of aid to impacted families.

As part of this commitment, Prima Group Sri Lanka donated a significant stock of Prima dry rations to the Government of Sri Lanka on 30 November. The consignment will be distributed across multiple severely impacted districts. These supplies will support families facing disruptions to daily life, ensuring they receive assistance as recovery efforts continue.

The handover took place at the Ministry, where the donation was received by the Secretary of Defence, Air Vice Marshal (Retired) Sampath Thuyacontha. Representing Prima Group Sri Lanka, Sajith Gunaratne – General Manager of Ceylon Agro Industries Limited, and Sanjeeva Perera – General Manager of Ceylon Grain Elevators PLC, officially presented the donation.

Prima Group has been standing with the people of Sri Lanka for over 40 years, and this donation reflects its broader commitment to the nation during challenging times. As relief operations continue across the island, the company remains focused on helping families rebuild their lives and supporting the ongoing recovery process in collaboration with the Government Authorities.

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