One of the greatest global challenges is to integrate environmental sustainability with economic growth. At the heart is “Sustainable consumption and production”, or United Nations Sustainable Development Goal 12, which has pushed manufacturers across the globe to innovate and create circular economies. It is the era of sustainability champions, who strive to redefine manufacturing and…
Hayleys Group subsidiary and pioneering textile manufacturer in Sri Lanka, Hayleys Fabric PLC bagged the Bronze Award for the Best Writing/Script for its Annual Report for 2019/20 ‘Progressive by Nature’ at the world’s largest competition honouring excellence in annual reports, the International ARC Awards. The globally recognised awards provide a platform to demonstrate the highest standards…
In conversation with Leonie Vaas By Imesh Ranasinghe In June 2021, The United Nations Global Compact announced 10 new Sustainable Development Goal (SDG) Pioneers and among the 10 pioneers, Leonie Vaas was announced as the SDG Pioneer for Responsible Production for her extraordinary work at Hayleys Fabric PLC as the Manager of Sustainability and Innovations.…
Contributes 6,241,500kWh of power per annum to national grid Largest single rooftop solar installation in Sri Lanka Hayleys Fabric further reduced its carbon footprint by 15 percent with the installation of the largest private sector rooftop solar power system in Sri Lanka, contributing 6,241,500kWh of power per annum to the National Grid. Installed by sister…
Hayleys Fabric Manager – Sustainability and Innovation Leonie Vaas becomes first Sri Lankan to win Global round of SDG Pioneers for 2021 at UN Global Compact’s Leaders Summit United Nations, New York: The United Nations Global Compact announced 10 new SDG Pioneers – business leaders who are doing an exceptional job to advance the Sustainable…
The purchase of South Asia Textiles Limited by Hayleys Fabric PLC could in the short-term weigh on the combined entity earnings due to decline in margins and the increase in finance cost stemming from the borrowings, which may have been made to fund their April acquisition. Hayleys Fabric PLC on April 23 paid Rs.3.95 billion…
Hayleys Fabric Plc yesterday acquired the control of South Asia Textiles Ltd. (SAT) for Rs. 4 billion as part of expanding its business. Hayleys bought 98.84% stake of SAT comprising 97.68% from Ambeon Holdings Plc and 1.16% from a minority shareholder. “This acquisition supports Hayleys Fabric Plc’s strategic plan to expand capacity for higher value-added…
Hayleys Fabric PLC, pioneering textile manufacturer and subsidiary of Hayleys Group, walked away with the Bronze Award for the Best Integrated Report Design at the Asia Sustainability Reporting Awards (ASRA) 2019. The event was attended by over 200 senior business leaders, sustainability partners, academia, trade associations and advocacy organisations across the region, and was hosted…
Hayleys Fentons, one of the leading integrated engineering solutions specialists in Sri Lanka, entered into a partnership with two of its sister companies, Hayleys Fabric and Hayleys Power to generate renewable energy from the rooftop of one of its primary manufacturing facilities. This would make it one of the largest private sector renewable energy sources…
Under the banner of its flagship ‘Puritas Sathdiyawara: Going Beyond’, Hayleys PLC, one of Sri Lanka’s multinational conglomerates, completed its sixth annual school supply distribution initiative for the 2020 academic year in the North and North Central Provinces. This included contributions from the following companies under the Hayleys umbrella: Haycarb PLC, Advantis, Hayleys PLC, Hayleys…