Decoding ESG: Sri Lanka as a sandbox for upscaling sustainable textile innovation

“All truth passes through three stages. First, it is ridiculed. Second, it is violently opposed. Third, it is accepted as being self-evident.” – Arthur Schopenhauer In the last decade, the global fashion, apparel, and textile industry has been dominated by ‘speed to market’ and ‘fast fashion’. As a result, the twin impacts of improved ‘just-in-time’…

Decoding ESG: The key to unlocking holistic value on a global scale

“What we usually consider as impossible are simply engineering problems… there’s no law of physics preventing them” – Michio Kaku The merits of Environmental, Social and Governance (ESG) standards have become an increasingly polarizing topic. Some criticize ESG for not doing enough to effect meaningful change, others accuse it of diluting commercial effectiveness with ‘extraneous’…

Decoding ESG: A scalable, ‘grassroots-first’ framework for Sri Lanka’s economic rejuvenation

“Broad partnerships are the key to solving broad challenges” – Ban Ki-moon Following two years of record global prices, producers have been increasingly concerned over recent declines in export earnings from rubber and rubber finished products. Given that the majority of Sri Lanka’s rubber production comes from smallholder farmers, the impact on livelihoods if these…

Advantis Blue Carbon Drive: Hayleys Advantis’ mission to replenish Sri Lanka’s Blue Carbon ecosystems

One of the most important yet least well-understood battlegrounds for climate change is the world’s coastal and marine ecosystems. Despite covering 70% of the planet’s surface, the contributions these oceanic and coastal ecosystems make – particularly in the sequestration of carbon dioxide (CO2) – have only recently started to be appreciated by those outside the…

‘‘Driving local manufacturing to uplift domestic economy and national workforce’’

Singer (Sri Lanka) is a key player in the local manufacturing segment with a legacy of more than 6 decades. Singer claims the honors for introducing the world-renowned Singer sewing machines back in 1960s in their own factory at Ratmalana.  Since then, Singer has gone from strength to strength in the local manufacturing segment with…

Singer’s legendary sewing industry and Academies developing skills and entrepreneurship in Sri Lanka

A name synonymous with Singer (Sri Lanka), Singer sewing machine has over the years become an indispensable product at local households, helping thousands of women and men to make a living through a sewing business. For over six decades, Singer has been manufacturing its trademark sewing machines in Sri Lanka. Singer brand has claimed many…

Hayleys Agriculture empowers local farmers with Kubota’s mechanized rice planting technology

Hayleys Agriculture Holdings Ltd., the country’s leading Agricultural machinery and equipment supplier, has carved out a name for bringing the world’s best Agri machinery and equipment to Sri Lanka. Over the years, Hayleys Agriculture has supported farmers by introducing new Agricultural mechanization technologies to facilitate farming and help to enhance productivity. Its collaboration with Kubota,…

Hayleys Travels renews the Premier Platinum partnership with AHK Sri Lanka to promote

Hayleys Travels, the travel and leisure arm of blue chip conglomerate Hayleys PLC, has renewed its partnership with the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka). The partnership will assist in the promotion of sustainable tourism and leverage on synergistic opportunities in the tourism sector. The post-pandemic growth of travel…