Hayleys Fabric wins Gold at Presidential Environmental Awards
Hayleys Fabric PLC, a leading textile manufacturer in Sri Lanka, has received the Gold award in the Textile and Textile Processing Industry at the Presidential Environmental Awards 2024.
This accolade highlights Hayleys Fabric’s unwavering commitment to environmental sustainability, distinguishing the business among nearly 1,000 applicants nationwide. The award’s selection process emphasised companies’ environmental dedication, with Hayleys Fabric standing out for its robust ESG (Environment, Social and Governance) framework.
“We are deeply honoured to receive this recognition. It reaffirms our dedication to sustainable practices and motivates us to continue leading by example. At Hayleys Fabric, we believe that true sustainability is about proving our commitment through tangible actions and results,” said Hayleys Fabric PLC Managing Director / CEO Rohan Goonetilleke.
Hayleys Fabric PLC leads in sustainable practices, being the first Sri Lankan company to commit to the Science-Based Targets initiative (SBTi). Validated in August 2023, their targets aim to reduce Scope 1 and 2 emissions by 42% and Scope 3 emissions by 25% by 2030, with a long-term goal of achieving Net Zero by 2050.
Hayleys Fabric excels in water conservation, as a signatory to the CEO Water Mandate since 2020. The company maintains onsite raw water and wastewater treatment plants, ensuring compliance with local and global water discharge regulations. Through process improvements, a 17% reduction in water intensity was achieved last year. Both annual water and carbon footprints are verified by a third party, ensuring transparency and accountability.
Hayleys Fabric ensures sustainable sourcing through stringent environmental and social compliance screening for raw material suppliers. This rigorous selection process earned them the Eco Label Certificate from the governing Council of Eco Label Sri Lanka, signifying their products meet high environmental standards throughout their lifecycle. The company has implemented a comprehensive waste management strategy addressing both hazardous and non-hazardous waste. Hazardous waste is incinerated, while non-hazardous waste is managed through a waste hierarchy prioritising reduction, reuse, and recycling. An innovative waste upcycling project with the Pro Green Lab of the University of Moratuwa transforms in-house waste into eco-friendly construction materials, contributing to the circular economy.
Hayleys Fabric maintains the Diyathuru Uyana biodiversity wetland park along the Kalu River, home to 146 plant species and 149 animal species, including several endemic to Sri Lanka. The park, identified by the Ministry of Environment as critical for biodiversity conservation, reflects the company’s commitment to preserving biodiversity. Additionally, Hayleys Fabric is involved in a restoration project for the endangered Lagenandrakalugalens, is collaborating with the Central Environment Authority and local universities.
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