Nestlé Lanka Limited this year marks 120 years of operations in Sri Lanka, highlighting a century-long presence that has extended beyond food manufacturing to supporting farmers, communities, youth employment and environmental sustainability.

Established in 1906, the company has grown into one of Sri Lanka’s leading food and beverage manufacturers, today producing more than 90% of the products it sells locally. Over the decades, Nestlé Lanka has built a strong domestic footprint through local sourcing, long-term farmer partnerships and continued investment in manufacturing.

Through widely recognised brands such as Nestomalt, Milo and Maggi, the company has become a familiar presence in Sri Lankan households, offering products designed to meet local nutritional needs. Many of its products are fortified with micronutrients aimed at improving dietary intake, while brands such as Milo and Nestomalt have also supported youth sports and active lifestyles in the country.

Nestlé Lanka’s engagement with local agriculture has also played a role in strengthening rural livelihoods. The company works closely with dairy and coconut farmers, providing technical assistance, skills development and reliable market access as part of its responsible sourcing efforts.

The company has also expanded programmes aimed at improving youth employability. Through the “Nestlé Needs YOUth” initiative, young Sri Lankans are provided with access to training, learning and career opportunities. Partnerships with organisations such as BConnected have also helped promote inclusive employment opportunities for people with disabilities.

Sustainability has become an increasingly central focus of the company’s operations. Nestlé Lanka’s manufacturing facility in Kurunegala operates on 100% renewable electricity, while a biomass boiler commissioned in 2024 has helped reduce carbon emissions from manufacturing. The company aims to achieve net-zero carbon emissions by 2050.

Efforts to reduce environmental impact have also extended to packaging. Nestlé Lanka pioneered the shift from plastic to paper straws in aseptic beverage cartons in 2019 and supported the establishment of Sri Lanka’s first recycling plant for such cartons. The company aims to become fully plastic neutral by 2026.

Chairman and Managing Director Bernie Stefan said the milestone reflects the long-standing trust Sri Lankan consumers have placed in the company and the partnerships it has built across the country over generations.

By Sanath Nanayakkare

Ceylinco Life has secured two prestigious accolades for its 2024 Annual Report, reaffirming the Company’s leadership in transparent, accountable and sustainability-driven corporate reporting.

At the Association of Chartered Certified Accountants (ACCA) Sri Lanka Sustainability Reporting Awards, Ceylinco Life emerged winner in the ‘Other Financial Services’ category for the second time. Organised by the ACCA, one of the world’s most respected professional accounting bodies, the awards are assessed against globally accepted sustainability and reporting standards rather than local benchmarks, lending them strong international credibility. The recognition underscores Ceylinco Life’s sustained commitment to setting new benchmarks in sustainability reporting within Sri Lanka’s corporate sector.

The Company’s reporting excellence was also recognised at the TAGS Awards 2025 presented by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka). Ceylinco Life was ranked among the Top 10 Integrated Reports in Sri Lanka and received the Silver Award in the Insurance Companies category for entities with Gross Premium above Rs. 10 billion. The TAGS Awards evaluate annual reports on the pillars of Transparency, Accountability, Governance and Sustainability, and are widely regarded as Sri Lanka’s benchmark for corporate reporting excellence.

Commenting on the significance of the recognitions, Ceylinco Life Senior Executive Director/ Chief Financial Officer Mr Palitha Jayawardena said these awards validate the Company’s disciplined approach to transparency, governance and sustainability. “Our integrated reporting journey is not only about compliance; it is about clearly demonstrating how we create and protect value over the long term. Being recognised both by the ACCA and by CA Sri Lanka affirms that our reporting standards meet the highest expectations and reflect the depth of our commitment to responsible and sustainable business practices,” he said.

Visa, a global leader in digital payments, today announced its association as the Official Payment Partner for the inaugural season of MasterChef Sri Lanka, bringing one of the world’s most celebrated culinary television formats to Sri Lankan audiences for the very first time.

Recognised by Guinness World Records as the world’s most successful cookery television format, MasterChef has expanded to over 70 international adaptations, airing in more than 200 territories and broadcasting over 10,000 episodes globally. Its arrival in Sri Lanka marks a defining milestone, placing the nation’s rich culinary heritage and emerging talent on a globally recognised stage.

Dining remains a core passion for Visa in Sri Lanka, reflected in its ongoing efforts to enhance how consumers discover, enjoy, and pay for food through curated experiences and exclusive privileges. The partnership with MasterChef Sri Lanka builds on this commitment by blending global entertainment with local culinary talent – celebrating Sri Lanka’s rich food culture while empowering communities, supporting tourism and small businesses, and expanding access through digital innovation.

Avanthi Colombage, Country Manager, Sri Lanka and Maldives at Visa, said, “MasterChef’s arrival in Sri Lanka is a powerful recognition of the country’s vibrant culinary heritage and its growing influence on the global stage. It provides a platform to celebrate Sri Lanka’s authentic flavors while inspiring the next generation to innovate within our food culture. This partnership reflects our belief in the power of innovation and inclusive values that are central to both Visa and MasterChef. Our goal is to spotlight Sri Lanka’s culinary talent and inspire new possibilities for small businesses and entrepreneurs across the food and tourism sectors. As Visa sponsors MasterChef Sri Lanka, we are proud to be part of a journey that celebrates the nation’s remarkable culinary identity and reaffirms our long-standing commitment to Sri Lanka.”