Sri Lanka’s most diversified conglomerate, Hayleys PLC, has once again set the standard for corporate reporting excellence, clinching the Gold Award for Overall Excellence in Corporate Reporting at the CA Sri Lanka TAGS Awards 2025. This marks the fourth consecutive year that Hayleys has achieved this prestigious recognition.
The Group secured a total of 21 accolades, including 14 Gold awards. Among these were 10 Sector Gold awards, showcasing the strength and consistency of Hayleys’ reporting practices across various industries. Additionally, Hayleys PLC earned the overall Gold awards in Integrated Reporting, Sustainability Reporting, and Corporate Governance Disclosures for Non-Financial Institutions.
The TAGS Awards, organized by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), recognize organizations that uphold the highest standards of Transparency, Accountability, Governance, and Sustainability. These awards celebrate companies that effectively communicate their performance and priorities through comprehensive and stakeholder-focused disclosures that demonstrate integrity and strategic clarity.
Commenting on the achievement, Hayleys PLC Chairman and Chief Executive, Mohan Pandithage, stated, “We are honored to receive this recognition for the fourth consecutive year. It reflects our team’s commitment to clear, disciplined reporting that aligns with global standards and guides the way we run our businesses. This award reinforces our responsibility to maintain these standards and continuously enhance the clarity, accessibility, and depth of information we provide to stakeholders, from digitalization and sustainability disclosures to global framework adoption and external assurance.”
The Group’s performance highlights its integrated approach to value creation, ensuring that both financial and non-financial dimensions of performance are communicated with clarity, accountability, and accessibility. Through its transparent and disciplined reporting culture, Hayleys continues to strengthen stakeholder trust and reinforce its legacy as a leader in corporate reporting.
Hayleys PLC’s 2024/25 Annual Report, themed “An Enduring Light,” showcased significant advancements in corporate reporting through digital innovations, enhanced accessibility, and strengthened external assurance mechanisms. The report paid tribute to bioluminescent species as metaphors for hope, growth, and resilience—values that are defining characteristics of the Group as it leads sustainable and inclusive growth across its diverse sectors.
Group Chief Financial Officer Milinda Hewagama remarked, “Annual reports are traditionally dense documents, posing challenges for stakeholders to navigate and extract meaningful insights. At Hayleys, we’ve long recognized the importance of making our communications more accessible, intuitive, and impactful. For those seeking quick, meaningful insights, our suite of innovative digital tools enables seamless navigation, tailored content, and an engaging, interactive experience.”
Last year, Hayleys introduced a first-of-its-kind immersive experiential edition that incorporates gamification elements designed to actively engage users across age groups while delivering deep insights into the Group’s strategy, financial performance, and triple-bottom line value creation.
A ChatBOT ensures inclusivity for diverse audiences, including those with visual or literacy challenges, in navigating the complexities of the diversified conglomerate’s report. Dynamic chart generators for both financial and non-financial information further empower stakeholders to explore data relevant to their interests.
Enhancing the immersive experience, videos featuring the Head of each Sector and primary Divisions accompany key chapters to improve comprehension and engagement. A persona-based website was also launched, offering tailored content to the unique needs of key stakeholder groups, from employees and shareholders to customers and business partners.
The Annual Report also reflects significant enhancements in environmental and sustainability disclosures, including improvements aligned to SLFRS S1 and S2 Sustainability Disclosure Standards and a broader scope in GHG emissions reporting. The Group also reaffirmed its commitment to credibility and accountability through four independent external assurances, covering financial information, Integrated Reporting, GRI disclosures, and the Group’s GHG inventory.
