Governance
Responsible and Responsive Corporate Citizenry
Rooted in strong governance, Hayleys has long upheld responsible and responsive corporate citizenry. Sustainable business practices form an integral part of our management philosophy, ensuring we look after our people, our communities, and the environment. Across our value chain - from grassroots partnerships to national platforms - we strive to create a meaningful impact. Hayleys has been recognised as Sri Lanka's Best Corporate Citizen on five separate occasions and is consistently ranked among Sri Lanka’s most respected companies.
Group’s approach to ESG Integration:
ESG Governance Structure:
The Board is the highest decision-making authority in the Group and has overall responsibility for formulating the Group’s sustainability-related policies and goals and implementing the Group’s ESG Framework. The Board has established an ESG Steering Committee in discharging its sustainability and ESG related duties; this structure is mirrored at Sector-level with ESG Committees established across all Sectors.
The mandate of the ESG Steering Committee includes:
- Provide oversight and monitor the execution of the Group’s ESG Framework- Hayleys Lifecode including progress against environmental, social and governance targets in the short, medium and long-term
- Identify ESG related risks, opportunities and impacts and recommend the implementation of appropriate measures to effectively address these dynamics.
- Review and provide guidance on ESG related policies and programmes required to drive the Group’s ESG Framework and strategy.
- Review and approve the Group’s stakeholder engagement strategy which allows management to identify, understand and respond to stakeholders’ legitimate concerns.
- Review emerging trends and issues in the ESG areas and assess potential impact on the Group.
