Hayleys Fabric bags Bronze at Asia Sustainability Reporting Awards 2019

The Hayleys group subsidiary and pioneering textile manufacturer, Hayleys Fabric PLC, bagged the Bronze award for the Best Integrated Report Design, at Asia Sustainability Reporting Awards (ASRA) 2019, in Singapore.

Hosted virtually due to the ongoing COVID-19 pandemic, Swedish Ambassador to Singapore Niclas Kvarnström was the guest of honour at the event, which was attended by over 200 senior business leaders, sustainability partners, academia, trade associations and advocacy organisations across the region.

“Now more than ever, the concept of sustainability plays a central role in ensuring that businesses are able to survive and thrive in increasingly volatile conditions. Therefore, the ability to transparently report on sustainability within our organisation is an essential prerequisite to showcasing our commitment and building engagement around these vital initiatives. Hence, we are delighted to have been recognised among leading corporates in the Asian region,” Hayleys Fabric Managing Director/ceo Rohan Goonetilleke said.

Continuing to raise the bar for quality and authentic reporting, the ASRA has introduced healthy competition among corporates in Asia. Evaluated by an independent panel of judges, all entries are subjected to a multi-tier evaluation process, followed by a comprehensive due diligence process.

The winners for the 2019 ceremony were selected from 461 entries submitted across 16 countries, of which 80 companies were shortlisted from 13 countries to compete in the finals across 19 categories.

The awards recognise and honour sustainability reporting leaders in Asia, celebrating the best practices in sustainability reporting. The awards are open to all types and sizes of private, public and non-profit organisations in all sectors, which produce a sustainability report or integrated report in Asia.

Hayleys Fabrics PLC, a subsidiary of Hayleys PLC, is a leading textiles manufacturer in Sri Lanka, providing end-to-end solutions from the design to manufacturing of fabric made out of natural and synthetic fibres.

Established in 1878 by Chas. P. Hayley as a trading house in Galle, specialising in import and export, the Hayleys group has since grown to serve as a centrepiece of the Sri Lankan economy while maintaining a global presence of manufacturing and marketing offices across five regions with business interests spanning a total of 16 sectors.

Today, it stands out as one of Sri Lanka’s most prominent success stories, having been the first listed Sri Lankan corporate to surpass US $ 1 billion in revenue and accounting for 3.3 percent of the nation’s total export earnings.