Aitken Spence among the top for transparency in corporate reporting

Wednesday, 2 September 2020 00:13 - - {{hitsCtrl.values.hits}}

Aitken Spence PLC is honoured to be recognised among the top companies in Sri Lanka’s first-ever assessment of transparency in corporate reporting by Transparency International Sri Lanka (TISL).

This reinforces the organisation’s commitment to implement policies on performance disclosure and transparency in reporting.

Aitken Spence PLC has worked over many years to develop their internal procedures aligned to the international best practice in corporate reporting endorsed by the Company. The Group’s reporting structure has always provided a balanced review of its performance with high levels of transparency whilst communicating relevant material information in a concise yet comprehensive manner.

“Aitken Spence considers external assessments to be mechanisms to identify opportunities for growth. This is yet another achievement that we take seriously as it sheds light on our corporate reporting practices and provides insights on how we can elevate our benchmarks for external disclosures. We also thank Transparency International Sri Lanka for their detailed report and anticipate that this will further strengthen future corporate disclosures,” commented Aitken Spence PLC Deputy Chairman and Managing Director Dr. Parakrama Dissanayake.

“This review illustrates broader stakeholder expectations on addressing ethical business practices and aligning them to international benchmarks. We at Aitken Spence follow global benchmarks on reporting and business operations. Moreover, honesty and transparency are integral components of our core values and resonates with how we strive to operate as a responsible organisation that truly walks the talk.”

Aitken Spence has demonstrated leadership in transparency, accountability and good governance in diverse platforms. The Company has been consistently recognised among the top ranks in the ACCA Sustainability Reporting Awards, the CMA Excellence in Integrated Reporting Awards, Annual Report Awards conducted by the Chartered Accountants of Sri Lanka and has maintained the Platinum ranking in the STING Corporate Accountability Index in consecutive rankings since 2010.

With an indisputable repute as one of Sri Lanka’s pioneering corporates, Aitken Spence is anchored to a heritage of excellence spanning over 150 years. The blue-chip conglomerate is one of the nation’s most respected conglomerates with thriving business interests in major industry sectors in Sri Lanka and beyond. Aitken Spence has a strong regional presence in hotels, travels, maritime, freight and logistic solutions, plantations, power generation, financial outsourcing, insurance, printing, apparel and other services.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.