Haycarb Wins Big at CMA and TAGS Awards 2024

These awards recognize organizations that excel in presenting their value creation stories with clarity, purpose, and integrated thinking. Haycarb’s success at CMA highlights the collective effort of its team in producing a report that reflects the company’s dedication to transparency and comprehensive reporting.

At the TAGS Awards 2024, organized by the Institute of Chartered Accountants of Sri Lanka, Haycarb further cemented its reputation for corporate reporting excellence by securing multiple accolades, including:

• Gold Award in the Manufacturing Sector (Group turnover above LKR 20 billion)
• Certificate of Recognition for Sustainability Reporting
• Certificate of Recognition for Corporate Governance Disclosure (Non-Financial Services)
• Certificate of Recognition for Integrated Reporting
• Certificate of Recognition for Digitally Transformative Reporting

The TAGS Awards, which focus on Transparency, Accountability, Governance, and Sustainability, celebrated excellence in corporate disclosures under the theme “The Digital Edge – Enriching Corporate Reporting Excellence.” This year’s event highlighted the transformative role of artificial intelligence and digital innovation in reshaping the future of reporting practices.

Haycarb was honored with the Gold Award in the Manufacturing Sector and multiple recognitions. This achievement showcases the company’s commitment to integrating sustainability and good governance into its corporate DNA while utilizing digital tools for effective reporting.

Haycarb’s Managing Director, Rajitha Kaiyawasan, stated, “These recognitions reflect our commitment to transparent, value-driven reporting that aligns with our purpose and vision. They affirm our dedication to sustainability, accountability, and leveraging digital advancements to effectively communicate our value creation journey.”

Haycarb employs an integrated reporting approach that combines financial and non-financial information, demonstrating how the company’s strategy, governance, and performance create value for stakeholders in the short, medium, and long term.

Both accolades recognize Haycarb’s forward-thinking approach to corporate disclosures and its leadership role in the global activated carbon industry.