SAGT receives MaritimeSheEO’s ‘Best Company with Sustainable Practices’ award
South Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka’s first Public Private Partnership Container Terminal was presented the ‘Best Company with Sustainable Practices’ Award by Maritime SheEOat the Annual MaritimeSheEO Conference 2022 held in Mumbai, India.
The award recognized SAGT for its commitment to driving a sustainable and responsible business. SAGT’s sustainability strategy is founded on four pillars namely, environmental stewardship, enabling work environment, social responsibility, and governance. SAGT actively monitors 31 Sustainability topic-specific disclosures following the Global Reporting Initiative (GRI). The data gathered monthly is reviewed by SAGT’s Management Committee ensuring that proactive actions are taken to enhance its sustainability performance on an ongoing basis.
SAGT continuously publishes its sustainability report, outlining its sustainability performance along with key initiatives annually. The Sustainability Report remains the only report for the Port of Colombo that is independently audited and is available on the SAGT website (www.sagt.com.lk)
SAGT’s sustainability initiatives are aligned with the three pillars of sustainability: Environment, Social and Economic. Within the environmental pillar, initiatives are driven with the main objective of reducing the company’s carbon footprint and driving responsible operations. SAGT invested in the hybridization of its traditional RTGs and has extended its efforts by investing in carbon offsetting through tree planting at the Yagirala Forest Reserve. SAGT also has in place a Waste and Water management policy. The policy includes Standard Operating Procedures for appropriate waste and water disposal, a Hazardous Container Leaking Bay, Sub-metering for monitoring water usage, and awareness campaigns to save water and food consumed at the terminal.
SAGT Senior Manager Commercial and Marketing Udara Cumaratunga, said, “Team SAGT is humbled by the presentation of this prestigious award by the judging panel of MaritimeSheEO. We are delighted to be recognized for our efforts in Sustainability and pledge our commitment to continue our initiatives to promote a better future. We thank our customers and stakeholders for their assistance and encouragement towards our sustainability journey”.
South Asia Gateway Terminals (SAGT) is the first Public Private Partnership container terminal in Sri Lanka (with approximately 60% Sri Lankan shareholding) and commenced operations in 1999, launching the Port of Colombo as global trade’s preeminent gateway hub to South Asia.
Today, the terminal is one of three operators in the Port of Colombo and continues to offer the international container shipping community a competitive best-in-class service. SAGT is a Board of Investment flagship company whose shareholders include – John Keells Holdings, Maersk/APM Terminals, SLPA and Evergreen Marine Corporation.