Business
‘Future First’ Sustainability Roadmap 2025 lays out meaningful business impact
Hirdaramani Group has launched its Sustainability Roadmap, ‘Future First’ – a unified and holistic sustainability plan with ambitious targets for 2025.
The Group’s ‘Future First’ roadmap collates and builds on several years of sustainability efforts and investments by the company. It takes stock of existing sustainability mechanisms, outlines the Group’s ethos and sets new goals for the company to achieve globally across all its facilities in Sri Lanka, Bangladesh, Vietnam and Ethiopia. The roadmap has been developed on years of experience and inputs from experienced consultants. It is designed across four pillars of sustainability: conserving the environment, empowering associates, supporting communities and trusting in good choices. The roadmap takes into account local and international contexts, global apparel programs on sustainability and is guided by the UN Sustainable Development Goals (SDGs). The Future First initiatives are also aimed at supporting the Government’s climate change commitments made at the recently completed COP26 summit.
“Hirdaramani has always been a leader in sustainability, holding itself accountable to rigorous standards while championing better business practices. ‘Future first’ is a unified, global approach and sets new targets for our sustainability efforts. What sets it apart is that it takes on sustainability through a nuanced, multi-dimensional approach and was designed through extensive consultation with multiple stakeholders. Conservation is a key part of it but so is the empowerment of our employees, the supporting of communities and building trust throughout the supply chain,” said Nikhil Hirdaramani, Director – Hirdaramani Group.
For Hirdaramani, sustainability is a key tenet that has underscored all aspects in its operations for the 100+ years of its existence. In 2006, the Group moved into a more focused approach, investing considerably in holistic and meaningful sustainability efforts which have driven change throughout the organization. The ‘Future First’ roadmap expands its scale and unifies independent sustainability endeavours internationally into a cohesive, amalgamated approach. The Group is also investing in new technology and reporting standards for greater transparency and accountability, setting the sustainability bar higher for itself.
“It is clear that existing ways of doing business must change. There is a growing call for organizations to hold themselves accountable in issues of sustainability and we are proud to have always led the way. ‘Future First’ is a unified roadmap that builds on and is developed from decades-long sustainability efforts at Hirdaramani and is cognizant of changing local and global conditions, especially given the pandemic and environmental and social developments in recent years,” commented Demith Gooneratne – Senior Manager, Environmental Sustainability.
In the past years, the Group has achieved net–zero for greenhouse gas emissions from energy across all its manufacturing operations in Sri Lanka and launched rooftop solar projects in Sri Lanka and Vietnam. It has received Fair Trade USA certification in five facilities, achieved LEED Gold/Platinum ratings in 11 facilities and also significantly reduced water and electricity consumption and waste in all its facilities.
Further, over 12,000 employees have been trained in Wonders of Wellbeing and Her+ programmes which have been internationally recognized.
Kaspersky Digital Footprint Intelligence estimates that 2.3 million bank cards were leaked on the dark web, based on an analysis of data-stealing malware log files from 2023-2024. On average, every 14th infostealer infection results in stolen credit card information, with nearly 26 million devices compromised by infostealers, including more than 9 million in 2024 alone. Kaspersky released its report on the infostealer threat landscape while the technology world gathers at MWC 2025 in Barcelona.
Kaspersky experts estimate that approximately 2,300,000 bank cards have been leaked on the dark web. This conclusion is based on an analysis of the log files from data-stealing malware, dated 2023-2024, that were leaked on the dark web market. While globally the share of leaked cards is well below one percent, 95% of the observed numbers appear technically valid.
Infostealer malware is not only designed to extract financial information, but also credentials, cookies and other valuable user data, which is compiled into log files and then distributed within the dark web underground community. An infostealer can infect a device if a victim unknowingly downloads and runs a malicious file, for example one disguised as legitimate software, such as a game cheat. It can be spread through phishing links, compromised websites, malicious attachments in emails or messengers and various other methods. It targets both personal and corporate devices.
On average, every 14th infostealer infection results in stolen credit card information. Kaspersky Digital Footprint Intelligence experts found that nearly 26 million devices running Windows were infected with various types of infostealers in the past two years.
“The actual number of infected devices is even higher. Cybercriminals often leak stolen data in the form of log files months or even years after the initial infection, and compromised credentials and other information continue to surface on the dark web over time. Therefore, the more time passes, the more infections from previous years we observe. We forecast the total number of devices infected with infostealer malware in 2024 to be between 20 million and 25 million, while for 2023, the estimate ranges between 18 million and 22 million,” says Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.
In 2024, Redline remained the most widespread infostealer, accounting for 34% of the total number of infections.
The most significant surge in 2024 was in infections caused by Risepro, whose share of total infections increased from 1.4% in 2023 to almost 23% in 2024. “RisePro is a growing threat. It was first discovered two years ago but seems to be gaining momentum. The stealer primarily targets banking card details, passwords and cryptocurrency wallet data, and may be spreading under the guise of key generators, cracks for various software and game mods,” explains Sergey Shcherbel. Another rapidly growing stealer is Stealc, which first appeared in 2023 and increased its share from nearly 3% to 13%.
Caterpillar equipment dealer UTE has delivered the country’s largest Cat D8 Track-Type Tractor to NEM Construction Pvt. Ltd., marking a significant milestone in heavy machinery. This delivery strengthens the long-standing partnership between UTE and NEM Construction, which spans over 45 years. The Cat D8 is expected to boost operational efficiency in large-scale projects. As the sole authorized dealer for Caterpillar in Sri Lanka, UTE continues to provide top-tier machinery and after-sales support. The handover is particularly notable as Caterpillar celebrates its 100th anniversary. NEM Construction’s Chairman, Raja Nanayakkara, praised the Cat D8’s superior performance and UTE’s unmatched service and parts support, which have been key to the company’s long-term collaboration. This purchase highlights the continued trust in both Caterpillar and UTE’s expertise in supporting Sri Lanka’s construction industry.
The Commercial Bank of Ceylon’s prowess in comprehensive disclosure of sustainability-related information to stakeholders has won its 2023 Annual Report two top awards at the 2025 Sustainability Reporting Awards presented by the Association of Chartered Certified Accountants (ACCA).
The Bank was adjudged the overall runner-up and the winner in the Banking category at these awards, repeating the achievement of its 2022 Annual Report which was similarly honoured by the ACCA last year.
The ACCA Sustainability Reporting Awards recognise Annual Reports that clearly acknowledge and explain the economic, environmental and social impacts of the business to internal and external stakeholders, demonstrating the organisation’s policies, targets and long-term objectives towards the goal of sustainable development.
Commercial Bank’s 2023 Annual Report also won two Golds, a Silver and a Bronze at CA Sri Lanka’s ‘TAGS’ Awards 2024, excelling in the key aspects recognised by the awards programme which is dedicated to Transparency, Accountability, Governance, and Sustainability – TAGS.
The Bank won the Gold for ‘Corporate Governance Disclosure’ in the Financial Services sector, the Gold for the Best Annual Report among the private sector banks, the Silver for ‘Digitally Transformative Reporting’ across all sectors, and the overall Bronze award for Excellence in Corporate Reporting.
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