CSR and sustainability

Sri Lanka’s involvement in the regional initiative comes amid growing environmental concern about the country's increasing plastic waste. Like many nations in Asia, Sri Lanka has seen a surge in single-use plastics and limited infrastructure to manage them.

In his letter, Gandhi urged the government to cancel the tenders issued for offshore mining blocks, emphasising the need for rigorous scientific assessments of their environmental and socio-economic impact.

The minister informed that a 50 per cent rebate in the revenue share for coal used in gasification has been introduced in commercial coal block auctions, provided that at least 10 per cent of the total coal production is used for gasification purposes.

The report's optimism stems from the observation that 2023 marked the first year where the continued expansion of building construction was decoupled from the corresponding rise in sector greenhouse gas emissions.

The programme will train 400 underprivileged youths in apparel and textile industry skills, creating self-employment opportunities. Participants from various SECL operational areas can opt for either residential or non-residential training.

We need to think innovatively regarding chemicals of concern, taking inspiration from existing agreements that protect us from harmful chemicals.

According to Oxfam, the world’s richest 1 per cent are responsible for 15 per cent of global emissions. This class is mostly made up of millionaires, who now total nearly 60 million globally and are projected to grow in number to over 65 million by 2028

This significant reduction has sparked concerns among stakeholders, as Islamic banks have traditionally played a vital role in addressing social challenges through initiatives funded by Shariah-compliant sources such as Zakat