CA Sri Lanka illuminates reporting brilliance at TAGS Awards 2023
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Overall winner gold award – Hayleys PLC
The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) celebrated a remarkable showcase of excellence in corporate reporting at the TAGS Awards 2023 on Tuesday. Leading corporates, multinationals, SMEs, and non-profit organisations were honoured for their commitment to producing outstanding annual corporate reports.
With transparency, accountability, governance, and sustainability being paramount in corporate reporting, CA Sri Lanka showcased its collective commitment to elevating industry standards by paying homage to organisations for their commitment that goes beyond meeting regulatory requirements and also contributes to the broader goals of fostering trust, ethical conduct, and environmental stewardship, the institute said in a media release.
Hayleys PLC triumphed with the coveted gold award for “Overall Excellence in Corporate Reporting” at the TAGS Awards 2023, while Softlogic Life Insurance PLC won the silver award, and both Commercial Bank of Ceylon PLC and John Keells Holdings PLC shared the bronze award.
The gala evening at Shangri-La Hotel, Colombo was graced by esteemed guests, including Alejandro Alvarez de la Campa, Country Manager for Sri Lanka and Maldives of the International Finance Corporation; Andrew Traveller, Acting High Commissioner of New Zealand to Sri Lanka and the Maldives, along with Sanjaya Bandara, President of CA Sri Lanka,; Heshana Kuruppu, Vice President of CA Sri Lanka; Dilshan Wirasekara, Chairman of the Colombo Stock Exchange; Thivanka Jayasinghe, Chairman of TAGS Committee; Ms. Chamila Cooray, Alternate Chair; Ms. Nelumani Daulagala, Chairperson of the Final Panel of Judges of the TAGS Awards 2023 and Deputy Governor of the Central Bank of Sri Lanka; Ms. Lakmali Priyangika, Acting CEO of CA Sri Lanka, and Rajeeva Bandaranaike,
CEO of CSE.
CA Sri Lanka also bestowed accolades upon companies under four special categories. The gold for the “Corporate Governance Disclosure Award” category was won by Commercial Bank, while Hatton National Bank PLC walked away with the silver, and Softlogic Life Insurance PLC and National Development Bank PLC shared the bronze.
For the “Sustainability Reporting” award category, John Keells Holdings won gold, while Hayleys secured the silver and Diesel & Motor Engineering PLC clinched the bronze. The “Integrated Reporting Award” category witnessed a dual celebration, with Hayleys and Diesel & Motor Engineering sharing the gold, while Softlogic Life Insurance secured the silver, and both LB Finance PLC and John Keells Holdings earning the bronze.
Addressing the event, Mr. Sanjaya Bandara said that when companies operate with transparency, accountability, and good governance, they demonstrate a commitment to openness and honesty, which results in increased trust among stakeholders and also enhances overall credibility of the business community.
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