Kelani Cables PLC

Climate Impact & Sustainability Data (2019-04 to 2020-03)

Reduced electricity consumption per product output gradually over the past years through increased overall equipment effectiveness, increased productivity and by use of efficient equipment
Commissioned a solar photovoltaic system in a 7,000 ft2 area in Siyambalape plant premises which has a capacity of generating 104 kWp. This investment brings environmental benefits such as saving 55,100 kg of CO2 emissions per year and is equivalent as 187 trees being planted a year
97% of process waste was either recycled or reused to create products with economic value
Replaced some of our product packaging from wooden drums to reusable steel drums

Kelani Saviya CSR program with the University of Peradeniya Engineering Faculty, to date approximately 500 students have passed out as Electrical Technicians
Kelani Shakthi CSR project with the University of Jaffna, Killinochchi, approximately 200 Technicians have passed and are gainfully employed
Maintained very cordial relations with our employees and have constant dialogue at all levels. Monthly Welfare & JCC meetings are held. We continue to provide regular training with internal & external resources on important topics etc.
Zero major accidents reflects our commitment towards the safe work environment

The Board of Directors of Kelani Cables PLC is committed to meeting high standards of Corporate Governance.
Ensures the compliance of the regulations set out in the Listing Rules of the Colombo Stock Exchange (CSE), the Code of Ethics jointly issued by the Securities and Exchange Commission (SEC), the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Companies Act No. 7 of 2007 of Sri Lanka (Companies Act).

April 2019 Easter Sunday attacks, adverse impact of exchange rates and the COVID-19 Pandemic in March 2020 dampened planned sales and production activities. Loss of approximately Rs 537 million from budgeted sales.
Slow movement in infrastructure development in the Country and continuation of some of the local construction work by Chinese contractors importing materials like electrical cables.

Initiated many cost optimization projects.
Launched Operational Excellence involving all members of the Management team.
Strengthened and extended CSR programs.
Maintained a strong liquidity position during challenging times by way of confirmed bank lines and reviewed cost structures and plan to reduce / cut costs.

WORLD CLASS GLOBAL PERFORMANCE EXCELLENCE (ASIA PACIFIC QUALITY ORGANIZATION) APQO in 2019
Special recognition by the SRI LANKA STANDARDS INSTITUTE (SLSI) for winning the WORLD CLASS AWARD
SLIM BRAND EXCELLENCE B2B brand of the year Gold Award
SLIM BRAND EXCELLENCE CSR Brand of the year Bronze Award
National Quality Award in 2016
Global Performance excellence Award in 2017 & 2019