Let’s stick to ‘3Ps’ for principled business: Ceylon Chamber chairman



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by Sanath Nanayakkare


Equal focus on all-important 3Ps : People, Planet and Profits will help shape the global sustainability agenda of principled businesses and we can implement sustainability practices within our own organizations to make it a reality, Samantha Ranatunga, chairman- Ceylon Chamber of Commerce said in Colombo recently.


He made this comment during the 'Best Corporate Citizen Sustainability Award' event hosted by the Ceylon Chamber at the Cinnamon Grand Hotel, Colombo.


"As the Ceylon Chamber of Commerce, we would like to recommend our members and the whole business community to set new sustainability targets for the year ahead or years ahead, by setting new targets for achieving energy efficiency levels, reducing emissions and water usage, minimize land disturbances and finding ways to recycle or reuse the waste disposals that we put out from our operations, he noted.


The Ceylon Chamber chairman further said,"We know, at present the world is facing a series of challenges such as climate change, pollution in different fronts, population growth, urbanization, scarcity in natural resources and shortage of raw materials, etc.; which we need to find answers in quick time; otherwise, the world and its living beings will face the consequences arising from them".


"The world has seen major environmental disasters such as oil spills, nuclear disasters, fire and pollution, some occurred by the acts of irresponsible corporate firms. We as responsible corporate entities should ensure that every measure is taken within our purview to avoid such disasters occurring within the societies, we operate".


"The United Nation's Global Compact says to be sustainable, corporations must engage in principled business, strengthen the society, take leadership commitment in driving sustainability, report annually on sustainable efforts and engage with the local community, where the company has a presence. While endorsing the guidelines laid out by the Global Compact, it is exactly what the Ceylon Chamber of Commerce has been doing by recognizing the responsible corporate citizens, rewarding them at our flagship annual event; Best Corporate Citizen Sustainability Award."


Ranatunga pledged that the Ceylon Chamber will continue to help its member firms and the business community at large to enhance, improve and keep up their sustainability practices and the Chamber will continue to reward and recognize such firms through its annual 'Best Corporate Citizen Sustainability Award' competition.


 
 
 
 
 
 
 
 
 
 
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