Business
UN Global Compact Network Sri Lanka: Empowering Businesses to Lead Sustainability in 2025 & Beyond
Colombo, Sri Lanka_ The UN Global Compact Network Sri Lanka came together recently for their flagship event – Compass 2025 – to celebrate the progress made in the year 2024 as well as unveil the strategic priorities, initiatives and programme lineup for 2025. The audience included participants, collaborators and valued stakeholders.
Addressing the recent Compass 2025 event, Dilhan C. Fernando, Chairman of the UN Global Compact Network Sri Lanka and Chairman of Dilmah Tea, highlighted the critical role of businesses in steering the world towards sustainable growth amidst rising global challenges. Reflecting on 25 years since the inception of the UN Global Compact by former UN Secretary General Kofi Annan, Fernando underscored the importance of collaboration, leadership and resilience to meet the urgent demands of sustainability.
“In 1999, Kofi Annan envisioned the UN Global Compact to preserve universal values as the foundation for sustainable growth. Today, his successor has added to the urgency of that call, citing widening geopolitical divisions, climate chaos, and growing inequalities,” Fernando said, emphasising that the UN Global Compact’s principles remain as vital as ever in addressing these pressing issues.
He pointed to the exponential growth in the green economy, with market capitalisation reaching USD 7.2 trillion in Q1 2024. This, he noted, presents a significant opportunity for businesses to invest in low-carbon, resource-efficient, and socially inclusive growth models. “We can contain global warming, address inequality, and create green jobs — it only needs leadership, your leadership,” he urged participants.
Highlighting the achievements of Network Sri Lanka, Fernando applauded its innovative programmes, including Working Groups and initiatives like the Climate Emergency Task Force and Sustainable Supply Chain Working Groups. “Our network saw a 25% membership increase last year, and participation in our accelerators ranked among the highest globally,” he remarked.
Sri Lankan companies also shone on the international stage, with Aitken Spence PLC, Diesel & Motor Engineering PLC, and Talawakelle Tea Estates PLC receiving recognition for their leadership in sustainability and showcasing the nation’s progress in integrating sustainable practices into business operations.
Speaking at the event, Marc-André Franche, UN Resident Coordinator in Sri Lanka, said, “Sri Lanka’s private sector has consistently demonstrated a strong commitment to environmental stewardship. As we navigate global challenges, it is this leadership in sustainability that will define the future of business and economic progress.”
Dilhan C. Fernando reiterated the urgency of sustainability as both a moral obligation and a business imperative. “The European Green Deal has changed the sustainability landscape, compelling businesses to align their strategies with new realities to remain competitive,” he explained. He also emphasised that resilience and profitability are inextricably linked to sustainable practices.
In closing, he called on businesses to embrace the UN Global Compact’s CEO Agenda, a critical toolkit for navigating financial, legal and market challenges, while fostering inclusive, sustainable growth. He expressed gratitude to members, partners and Network Sri Lanka’s team for their dedication and collaboration.
“We are entering uncharted territory, do not back down. Stay on the right side of history,” Fernando urged, quoting UN Secretary General António Guterres.
Through these efforts, Network Sri Lanka continues to lead the charge in embedding sustainability into core business strategies, empowering organisations to drive meaningful change in a rapidly evolving global landscape.
Business
From Mt. Fuji to Sri Pada: Lessons from a father-son climb
by SK Samaranayake
For Daham Gunasena, reaching the summit of Mt. Fuji with his 12-year-old son was not the end of the journey but the beginning of a different kind of lesson.
Gunasena, Director – Commercial at SPAR Sri Lanka and a senior business leader, academic and Chartered Accountant, spent nearly 12 hours on August 19 climbing Japan’s highest mountain with his son, Methum. After eight hours of climbing, the pair reached the 3,776-metre summit before beginning a demanding four-hour descent to Fujinomiya 5th Station.
“The summit was only halfway,” Gunasena reflected, describing the experience as a lesson in preparation, perseverance and responsibility.
Their journey began two days earlier with a trial excursion to the 6th Station and the volcanic landscape around Mt. Hoei. The experience allowed Gunasena to assess the altitude, terrain, weather and equipment before deciding whether his son was ready for the summit attempt.
The climb itself reinforced the value of taking one step at a time. Rather than focusing on the distant summit, father and son concentrated on the next marker, the next few steps and short periods of rest.
Reaching the summit brought another lesson. After taking photographs and celebrating, they still had four hours of descent ahead of them over loose volcanic terrain.
“Reaching the top was an achievement. Returning safely was success,” Gunasena said.
The experience also prompted him to reflect on how Japan manages Mt. Fuji, including visitor education, digital information, sanitation, transport, safety and environmental protection.
Having climbed Sri Pada 12 times last year and five times so far this year, Gunasena sees opportunities to apply some of these principles in Sri Lanka without compromising the mountain’s unique pilgrimage traditions.
He suggested a comprehensive digital platform for Sri Pada providing information on weather, congestion, transport, sanitation, first aid and emergencies, while educating foreign visitors about its religious significance.
For Gunasena, however, the most enduring lesson was personal: a mountain can teach what lectures cannot—through preparation, perseverance, respect for nature and the shared experience of taking each step together.
Business
FLIR, Marlbo promote smarter industrial maintenance
Sri Lankan industries are being encouraged to adopt advanced condition monitoring technologies to detect equipment problems before they develop into costly failures, as global technology company FLIR and its local partner Marlbo Trading Company strengthen their collaboration.
The companies brought together industry professionals at a technical seminar held on August 20 at Taj Samudra, Colombo, focusing on the use of thermography and acoustic imaging to reduce unplanned downtime, improve energy efficiency and lower maintenance costs.
Organised by Marlbo under the theme “Condition Monitoring Using Thermography and Acoustic Imaging for Measurable ROI,” the seminar highlighted the growing importance of proactive and predictive maintenance in improving equipment reliability and operational efficiency.
FLIR Sales Director – Instrumentation, India, Bhaskar Lala, and APAC Condition Monitoring Specialist David Gambarte shared their expertise on the latest diagnostic technologies and their practical industrial applications.
Thermal imaging can identify abnormal heat patterns linked to electrical and mechanical faults, while acoustic imaging can detect problems that may go unnoticed during routine inspections.
The technology is particularly useful in identifying compressed-air leaks, which can cause significant energy losses and increase operating costs.
Shevon Liyanage, Engineer – Measuring Instruments at Marlbo, also shared insights into applying condition monitoring technologies in the Sri Lankan industrial environment.
Business
Lumbini Tea Valley wins intl award for Singharaja Wirytips
Lumbini Tea Valley Ceylon won an award for its Singharaja Wirytips at The Leafies: International Tea Awards held in London in 2024, marking another international recognition for the Sri Lankan tea producer.
The award comes as the company marks two decades of direct exports, with its premium and organic Ceylon teas now reaching 35 countries across six continents.
Established in 1984, Lumbini Tea Valley began its direct export drive after Chaminda Jayawardana joined the family business in 2000 alongside his father, Dayapala Jayawardana. The initiative materialised in 2006 with the company’s first direct shipment—a 15-kilogram consignment of Flowery Broken Orange Pekoe (FBOP) tea to the United States.
Since then, the company has expanded its direct-export operations, which now account for around 20% of its total manufacturing output. Following its transition to organic production, approximately half of its organic tea output is exported directly by the company.
Its key export markets include Japan, the United States, France, the Netherlands, Switzerland and Australia, with direct shipments now reaching 35 countries.
The company said its direct-export model would continue to expand amid growing international demand for traceable, single-origin Ceylon tea, with premium and organic grades at the centre of its export strategy.
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