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On 13 December 2012, representatives from Dipped Products PLC (DPL), globally ranked rubber glove manufacturer of the Hayleys Group, officially received the Investment in PeopleCategory Award at the Asia Responsible Entrepreneurship Awards (AREA) official presentation ceremony in Delhi, India.
DPL was the sole company to win the Investment in PeopleCategory, a clear indication of the project’s groundbreaking business model. “Receiving the award means a great deal to the DPL team,” stated Dr. Ranasoma at the event.
“Having these efforts recognised within the industry and in addition being placed head and shoulders over other enterprises in the region, is testament to our success and contribution to entrepreneurship and sustainable development.”
Over 100 applications from the region, including almost 30 from Sri Lankan participants, were submitted under the categories Responsible Business Leadership, Social Empowerment, Investment in People, Health Promotion, Green Leadership, and SME CSR. Of these, ten applications from countries including India, Sri Lanka, Bangladesh and Pakistan were received by Enterprise Asia under the Investment in PeopleCategory.
The in-depth search and selection process for the Award comprised of initial screening, audit verification by a reputable Audit Partner, Auditors’ Score-carding process, and final judging by an Advisory Panel.
An extract of a document published by Enterprise Asia titled Sustainable Success Stories reveals that the recipient of the Investment in People award must have policies and programmes in place that show their respect for their people (primarily employees but may also include vendors, clients and business partners).
The same document also showcases DPL’s Firstlight initiative – which was featured in the rubber glove manufacturer’s application – an exciting cause-related marketing programme that advances the concept of ethical and fair trade based production in the rubber industry.