21 accolades, including 14 Golds across diverse business sectors
Sri Lanka’s most diversified conglomerate, Hayleys PLC, reaffirmed its position as the benchmark for corporate reporting excellence, winning the Gold Award for Overall Excellence in Corporate Reporting at the CA Sri Lanka TAGS Awards 2025 for an unprecedented fourth consecutive year.
In total, the Group secured 21 awards of which 14 were Gold awards, including 10 Sector gold awards reflecting the strength and consistency of its reporting practices across industries. Hayleys PLC also secured the overall gold awards in Integrated Reporting, Sustainability Reporting and Corporate Governance Disclosures for Non-Financial institutions.
Organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), the TAGS Awards recognise organisations that exemplify the highest standards of Transparency, Accountability, Governance and Sustainability. The awards celebrate companies that communicate their performance and priorities through comprehensive, stakeholder-focused disclosures that reflect integrity and strategic clarity.
Commenting on the recognition, Hayleys PLC Chairman and Chief Executive, Mohan Pandithage said: “We are honoured to receive this recognition for the fourth consecutive year. It reflects our team’s commitment to clear, disciplined reporting that aligns with global standards and guides the way we run our businesses. This award reinforces our responsibility to maintain these standards and continuously enhance the clarity, accessibility, and depth of information we provide to stakeholders, from digitalisation and sustainability disclosures to global framework adoption and external assurance.”
The Group’s performance underscores its integrated approach to value creation, ensuring that both financial and non-financial dimensions of performance are communicated with clarity, accountability and accessibility. Through its transparent and disciplined reporting culture, Hayleys continues to strengthen stakeholder trust and reinforce its legacy as a leader in corporate reporting.
Hayleys PLC’s 2024/25 Annual Report, themed “An Enduring Light,” showcased a bold leap forward in corporate reporting through digital innovations, enhanced accessibility and strengthened external assurance mechanisms. The report paid tribute to bioluminescent species as metaphors for hope, growth and resilience – values that are defining characteristics of the Group, as it leads sustainable and inclusive growth across its diverse sectors.
Group Chief Financial Officer Milinda Hewagama said, “Annual reports are traditionally dense documents, posing challenges for stakeholders to navigate and extract meaningful insights. At Hayleys, we’ve long recognised the importance of making our communications more accessible, intuitive and impactful. For those seeking quick, meaningful insights, our suite of innovative digital tools enables seamless navigation, tailored content and an engaging, interactive experience.”
Last year, Hayleys introduced a first-of-its-kind immersive experiential edition that incorporates gamification elements designed to actively engage users across age groups, while delivering deep insights into the Group’s strategy, financial performance and triple-bottom line value creation.
A ChatBOT ensures inclusivity for diverse audiences, including those with visual or literacy challenges, in navigating the complexities of the diversified conglomerate’s report. Dynamic chart generators for both financial and non-financial information further empower stakeholders to explore data relevant to their interests.
Enhancing the immersive experience, videos featuring the Head of each Sector and primary Divisions accompany key chapters to improve comprehension and engagement. A persona-based website was also launched, offering tailored content to the unique needs of key stakeholder groups, from employees and shareholders to customers and business partners.
The Annual Report also reflects significant enhancements in environmental and sustainability disclosures, including improvements aligned to SLFRS S1 and S2 Sustainability Disclosure Standards and a broader scope in GHG emissions reporting. The Group also reaffirmed its commitment to credibility and accountability through four independent external assurances, covering financial information, Integrated Reporting, GRI disclosures and the Group’s GHG inventory.
| Category | Company | Award | ||
| Overall Excellence in Corporate Reporting | Hayleys PLC | Gold | ||
| Diversified Holdings-Group Turnover above Rs. 100 bn | Hayleys PLC | Gold | ||
| Corporate Governance Disclosure-Non Financial Institutions | Hayleys PLC | Gold | ||
| Corporate Governance Disclosure-Non Financial Institutions | Haycarb PLC | Joint Bronze | ||
| Integrated Reporting | Hayleys PLC | Gold | ||
| Sustainability Reporting | Hayleys PLC | Gold | ||
| Digitally Transformative Reporting | Hayleys PLC | Silver | ||
| Financial and Leasing Companies (Group Assets between Rs.25-Rs.75 bn) | Singer Finance PLC | Gold | ||
| Trading | Singer (Sri Lanka) PLC | Gold | ||
| Construction & Related Services | Hayleys Fentons Ltd | Gold | ||
| Hotel Companies (Group Assets up to Rs. 10 bn) | Hayleys Leisure PLC | Silver | ||
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Hotel Companies (Group Assets up to Rs. 10 bn) |
The Kingsbury PLC | Bronze | ||
| Manufacturing (Group Turnover above Rs. 50 bn)
Manufacturing (Group Turnover between Rs. 10-Rs. 50 bn) |
Dipped Products PLC | Gold | ||
| Manufacturing (Group Turnover between Rs. 10-Rs. 50 bn) | Haycarb PLC | Gold | ||
| Manufacturing (Group Turnover between Rs. 10-Rs. 50 bn) | Alumex PLC | Joint Silver | ||
| Manufacturing (Group Turnover between Rs. 10-Rs. 50 bn) | Hayleys Fabric PLC | Joint Silver | ||
| Manufacturing (Group Turnover up to Rs. 10 bn) | Hayleys Fibre PLC | Gold | ||
| Plantations (Group Turnover above Rs. 5 bn) | Kelani Valley Plantations PLC
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Gold
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| Plantations (Group Turnover above Rs. 5 bn) | Talawakelle Tea Estates PLC | Silver
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| Plantations (Group Turnover upto Rs. 5 bn) | Horana Plantations PLC | Gold | ||
| Services | Hayleys Advantis Ltd | Gold | ||
