DIMO rewarded for commitment towards sustainability | Daily News


 

DIMO rewarded for commitment towards sustainability

Sri Lanka’s leading conglomerate Diesel & Motor Engineering PLC (DIMO) was once more rewarded immensely at the annual ACCA Sri Lanka Awards for Sustainability Reporting 2019 which was held recently at the Cinnamon Grand Hotel, Colombo.

While being the Overall Runner-up of the night, DIMO also emerged as the Winner in the Retail and Trading Category. Through the accounts published in the 2018/2019 Annual Report themed “The Road Less Travelled”, DIMO has proudly presented their commitment towards providing their stakeholders an account of the economic, social and environmental impacts of the company’s activities. They have endeavored to report in a fair and transparent manner, presenting both negative and positive aspects without bias as they believe it to be imperative that stakeholders have access to comprehensive details to aid informed opinion and choice.

Commenting on the win, Ranjith Pandithage, Chairman &Managing Director of DIMO said, “Environmental, social and sustainability reporting is now an important route through which corporate accountability and integrity can be demonstrated. Communicating how we have put this mandate into practice has become an equally important aspect in the corporate world. Responsible behavior of DIMO is a core component of our corporate strategy. Such corporate philosophy has been projected through our sustainable reporting, which rationalizes our continuous winning streak at the ACCA Sri Lanka Sustainability Reporting Awards.”

DIMO owed its Overall Runner-up win to their coverage of an extensive network of disparate businesses and the achievement of a high standard of disclosure and to being well presented in the annual report.

DIMO’s performance in relation to sustainability that has been well documented aligning with the United Nations’ Sustainable Development Goals (SDGs) have led DIMO to be the Winner in the Retail and Trading Category. In addition, DIMO has been voted a Great Place to Work which yet again resembles DIMO’s commitment towards all stakeholders. The Judges’ report of the ACCA Sustainability Reporting awards emphasized onDIMO’s significant effort on water recycling and energy consumption per Rs. I Million revenue while theannual report also explained material aspects and how the company has addressed them well. The report was acclaimed for its clarity and lack of unnecessary material which could draw away attention from essential points of reporting.

The ACCA Sustainability Reporting Awards recognizes the growing need for organizations to be responsible and accountable for their impacts on society and the environment and aims to reward Sri Lanka’s most transparent, accountable and responsible corporate.


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