Dialog Unveils 16th Annual Sustainability Report
Dialog Axiata PLC, Sri Lanka’s #1 connectivity provider, has published its 16th Annual Sustainability Report, detailing the company's Environmental, Social, and Governance (ESG) performance for the financial year from January 1, 2023, to December 31, 2023. This report underscores Dialog's commitment to sustainability and transparency, providing stakeholders with key insights into its initiatives and achievements.
Dialog became the first company in South Asia to comply with the SLFRS S1 and S2 standards in 2023. These localized standards, based on the International Financial Reporting Standards (IFRS) for sustainability disclosures, set benchmarks for corporate transparency in Sri Lanka. SLFRS S1 defines the general requirements for sustainability-related financial disclosures, while S2 mandates climate-specific reporting, aligning with global best practices to enhance accountability in corporate sustainability reporting.
Since 2010, Dialog has maintained continuous certification by the Global Reporting Initiative (GRI) and became the first telecommunications provider in South Asia to comply with the Sustainability Accounting Standards Board (SASB) and Global System for Mobile Communications Association (GSMA) reporting standards. Dialog’s leadership in transparency was further acknowledged when it ranked first in the 2023 Transparency in Corporate Reporting (TRAC) assessment by Transparency International Sri Lanka.
"We are delighted to share our latest Sustainability Report, reflecting our dedication to sustainable practices, corporate responsibility and transparency," said Supun Weerasinghe, Director/Group Chief Executive of Dialog Axiata PLC.
Mangala Wijesinghe assumes duties as the 16th Chairman of the Sri Lanka Export Development Board
Upon assuming his new role, Mr. Wijesinghe addressed the staff of the Export Development Board: "We should diversify and focus more on high-tech industries like electronics and pharmaceuticals, similar to what other countries like Singapore and South Korea are doing. We have to focus on that as well. Another important factor is service exports. Last year, service exports recorded $3.1 billion in revenue compared to 2022, reflecting a 69% growth, mainly driven by ICT, logistics, transport, and construction."
"The new government's plan is to achieve $5 billion for ICT industry export revenue by 2030, and we also aim to reach that target. I would like to take this opportunity to highly appreciate the hard work done by my predecessors, especially the past Chairpersons, the Board of Directors, and the staff members."
"Sometimes, we may need to review our National Export Strategy, which was implemented in 2018. Our exporters are facing complex approval processes involving multiple activities. The new government plans to digitalize and interconnect all government institutions and services. With that, I believe we can simplify and speed up these processes."
"We must identify and remove all barriers and impediments that hinder the growth of the export sector and find avenues to encourage exporters."
