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Our vision is to be Sri Lanka's corporate
inspiration at all times.

Environmental Performance

Sectors within the Group comply with domestic and international environmental standards while our raw material usage policy is focused on responsible product stewardship and the practices of the 3R concept- reduce, reuse and recycle for all raw materials that are procured.

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Environmental Performance

Environmental Management
Hayleys Group is committed to consistently reducing the environmental footprint in all sectors by improving the efficiency of its natural inputs and minimizing adverse impacts of it operations. Consequently, the Group was able to reduce its carbon footprint by 62% during the year 2018/19 within 12 sectors by renewable energy applications.

Renewable Energy
Power & Energy is a core business for the Group and we generated close to 2.5% of the country’s total renewable energy supply, generated through Wind, mini hydro and solar power plants. Six sectors within the Group engage in the generation of renewable energy with the long-term objective of reducing dependence on fossil fuels. Among them Power and energy sector operates 6 hydro plants, 3 wind power plants and Sri Lanka’s largest solar power plant which collectively generate 50 MW to the national grid.

Water Footprint
During 2018/19, we implemented systematic mechanisms to monitor the Group-wide water footprint including comprehensive tracking systems. In addition to improving the transparency of our environmental disclosures, accurately tracking the Group’s water footprint has enabled us to identify opportunities for minimizing water withdrawal and wastage.

Waste and Effluent Management
All sectors within the Group segregate and dispose waste in compliance with regulatory requirements while recycling is encouraged and actively practiced across many sectors. In the year 2018/19, 25% of water recycled and treated within the sectors. Mechanisms are in place to continuously monitor water consumption trends and identify areas for improving water efficiency. In addition to the responsible use of water, all our business sectors are mandated to ensure that water discharged meets all applicable regulatory requirements and water quality standards including BOD, COD, TSS, pH, oil and grease levels.

Integrating Environmental Concerns with Business Processes and Activities

The group is widely recognized as a leader in sustainability with social and environmental factors given due to consideration in business decisions. Several key sectors are also committed to propagating sustainable practices among its customers, suppliers and other business partners, thereby generating positive impacts across the entire supply chain. Examples include, 169466 trees planted during the year 2018/19, sectors engage in the use of recycled input materials and 68% industries are reliance on renewable energy applications.

Group sustainability performance is measured, tracked and reported through a set of standardized, pre-defined performance indicators with leadership provided by the Group Corporate Sustainability team. Hayleys PLC is committed to the annual communication of our sustainability performance through international frameworks such as the Global reporting initiative, the United Nations Global compact and the Integrated Reported framework.

Facilitating Cleaner Production

The Group’s industrial inputs sector is an agent for premium brands which are focused on energy efficiency and useful economic lives of products, contributing greatly to reducing the country’s demand for fossil fuels and energy. Given that the sector’s clientele are mainly large scale national projects, the national contribution is immense. Examples include

Supplied Variable Speed Drives to the Water Board, to save electricity consumption for pumping the water supply from the Kalu Ganga, becoming the industry standard for Sri Lanka, as evinced by subsequent tenders, saving significant quantities of energy for the country.

Provides advisory services on reducing energy consumption and is registered with the Sustainable Energy Authority.

Compliance
Hayleys PLC has a commendable track record in environmental compliance, supported by robust risk management mechanisms and reporting structures, which ensure that all relevant regulations are complied with. The Group has not been the subject of any investigations / inquiries by regulatory authorities on environmental matters, despite having substantial interests in the manufacturing sector. At entity and sector level, compliance is monitored through regular reporting to the relevant Risk Management Units, while the Boards of Directors of the respective subsidiaries hold apex responsibility for ensuring regulatory compliance. At Hayleys PLC level, the Group Internal Audit function performs regular checks on compliance to all applicable regulations, and findings are reported to the Hayleys PLC Board of Directors through the Group Management Committee.