Companies should involve more in CSR
John Keells wins Best
Corporate Citizens award
John Keells Holdings won the best Corporate Citizens award at the Ten
Best Corporate Citizens award ceremony hosted by the Ceylon Chamber of
Commerce at the Cinnamon Grand last night. Nestle Lanka was the first
runner up while Sampath Bank emerged the second runner up.
Director John Keells, Sumithra Gunasekera receiving the awad for John
Keells at the Ten Best Corporate Citizens award ceremony hosted
by the Ceylon Chamber of Commerce at Cinnamon Grand last night
from Chief Guest, Minister of Export Development and
International Trade, G. L Peries. Director Tata Steel, Jamshed
J. Irani, Chairman CCC, Mahen Dayananda and Chairman CSR
committe Lakshman Watawala looks on.
Picture by Saliya Rupasinghe
Director, Tata Steel, Jamshed J. Irani who made the keynote address at
the event said it is the responsibility of the corporate sector to
promote social responsibility programmes. He said that investors who try
to invest in companies would also look at the track record as to how
much CSR they were involved in. “In addition, down the line employees
who seek employment in companies would also look as to how much the
company have inverted towards CSR,” Irani said. He also said even
customers and marketing representatives look at a company’s track record
on CSR and sustainability before starting business with them. He added
that in India too more and more companies are engaged in community
development and expenses are borne for long-term community development.
He said that unlike developed countries private sector companies in
developing countries have to play an aggressive role towards
“In developed countries they have to think about the high completion and
also look at paying taxes while the governments look after the welfare
In Third World countries the Government also cannot look after welfare,”
he added. Chief Guest Minister of Export Development and International
Trade Professor G. L. Peries said that corporates should particularly
focus on environment education. “They must give back what they took from
the environment,” he said.
Chairman CCC, Mahen Dayananda said that he was happy in the manner in
which local companies are engaged in CSR.