Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic
• Social
• Environmental

Environmental Achievements

• Soil Conservation
• Forestry Conservation
• Water Resources Management
• Biodiversity Conservation

Social Achievements

• Community Development (Alms giving, medical camps, wheelchair donations)
• Child Development programs
• Infrastructure Development
• Training & Education programs (pluckers, pruners)
• Labor Management Relations
• Diversity & Equal Opportunity initiatives
• Health & Safety improvements

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Responsibility
• Governance
• Economic Sustainability

Environmental Achievements

• Implemented Climate Smart Agriculture (CSA) approach in Uva range estates, including One Division One Project Program (ODOPP) with various initiatives like crop trials, reservoir renovation, and agrotourism.
• Increased forest coverage through tree planting projects.
• Reduced agrochemical usage by promoting organic fertilizers.
• Implemented wastewater purification systems in several estates.

Social Achievements

• Provided housing, sanitation, and other basic requirements to employees and communities.
• Implemented employee training and development programs.
• Contributed LKR 4,828,778 to Plantation Human Development Trust (PHDT).
• Organized community development projects and initiatives.
• Maintained a fair wage structure and complied with labor laws.

Governance Achievements

• Complied with the Companies Act No. 07 of 2007, Listing Rules of the Colombo Stock Exchange, and Code of Best Practice on Corporate Governance.
• Established an effective internal control system.
• Maintained transparency and ethical business practices.
• Implemented anti-corruption training for executive employees.

Climate Goals & Targets

Environmental Challenges

• Declining prices of tea and rubber.
• Reduced market demand for tea and rubber.
• Persistent trade union actions.
• Unfavorable weather conditions.
• Government restrictions on oil palm expansion.
• Worker migration from the plantation sector.
• Increasing production costs.

Mitigation Strategies

• Curtailed operational costs.
• Focused on crop diversification (Oil Palm, Tea, Rubber, Coconut, Cinnamon).
• Improved product quality.
• Increased worker productivity.
• Engaged with trade unions and stakeholders.
• Implemented productivity-based wage structure.
• Implemented cost-cutting measures.

Supply Chain Management

Responsible Procurement

• Supplier assessment using Social, Business and Environmental criteria.
• Prioritizing and promoting local procurements.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather conditions
• Climate fluctuations

Reporting Standards

Frameworks Used: International Integrated Reporting Framework (IIRC), Global Reporting Initiative (GRI) Standards - Core

Certifications: ISO 22000:2005 (Food Safety Management)

Third-party Assurance: Ernst & Young, Chartered Accountants

Awards & Recognition

• Compliance award for Annual report 2017/18, CA Sri Lanka Annual Report Award Competition.