JAT Holdings PLC Wins Two Awards at CMA Excellence in Integrated Reporting Awards 2024

Commenting on this win, Rizna Dilshard, Director Finance – JAT Holdings PLC remarked, “We are deeply honoured to receive two awards at the CMA Excellence in Integrated Reporting Award. This recognition is a clear testament to our relentless dedication to sustainability and transparency. Integrated reporting is a vital tool in fostering trust with our stakeholders and is crucial for crafting long-term value.”

JAT Holdings PLC, the market leader in wood coatings and paintbrushes in Sri Lanka is thrilled to announce its recent triumph at the CMA Excellence in Integrated Reporting Awards 2024. Recognized by the Institute of Chartered Management Accountants of Sri Lanka (CMA Sri Lanka), JAT Holdings received two distinguished accolades: the “Best Integrated Report – Trade and Commerce Sector (Gold)” and was also named among the “Ten Best Integrated Reports.”

JAT Holdings stands out as a pioneer in promoting sustainable business practices within Sri Lanka. This esteemed award acknowledges the company’s unwavering commitment to sustainability, transparency, and value creation for its stakeholders. The award-winning integrated report encapsulates JAT Holdings’ dedication to balanced and comprehensive reporting by detailing its financial, social, and environmental performance.

The rigorous evaluation process involved reviewing numerous competitive entries from leading corporates, yet JAT Holdings emerged victorious by demonstrating exemplary standards in integrated reporting. The recognition reflects the company’s strategic approach to governance, its robust business model, and its impactful sustainability initiatives.

Commenting on this win, Rizna Dilshard, Director Finance – JAT Holdings PLC remarked, “We are deeply honoured to receive two awards at the CMA Excellence in Integrated Reporting Award. This recognition is a clear testament to our relentless dedication to sustainability and transparency. Integrated reporting is a vital tool in fostering trust with our stakeholders and is crucial for crafting long-term value.”

JAT Holdings has consistently achieved strong financial results, driven by continuous innovation, superior customer service, and effective cost management strategies. Demonstrating its commitment to social responsibility, JAT Holdings engages in various meaningful initiatives. These include programs for employee welfare, community development projects, and partnerships aimed at advancing education. Moreover, JAT Holdings actively seeks to minimize its environmental footprint through sustainable practices. The company has introduced initiatives focused on reducing its carbon emissions, conserving water resources, and minimizing waste across its operations. 

As JAT Holdings celebrates these honours, the company reaffirms its commitment to setting industry benchmarks in sustainable practices and integrated reporting. This recognition marks another milestone in the company’s journey towards excellence and reinforces its role as a leader in responsible corporate practices. 

About JAT Holdings:

JAT Holdings PLC is the market leader in wood coatings and paint brushes in Sri Lanka, with a dominant presence in the paints and luxury home and office furnishings segments. The conglomerate operates two state-of-the-art manufacturing facilities in Sri Lanka and Bangladesh, supported by an advanced Research and Development Centre in Sri Lanka, driving innovation and reinforcing its strong regional presence. Through its Alkyd Resin manufacturing Plant in Bangladesh, and its Acrylic Binder manufacturing Plant in Sri Lanka, JAT benefits from backward vertical integration and enhanced cost efficiencies. Recognized for its financial stability, JAT holds a National Long-Term Rating of ‘AA(lka)’ from Fitch Ratings, while also being consistently ranked among the Most Awarded Entities, Most Loved Brands, Most Respected Entities, and Top 100 Listed Companies by LMD, reflecting its industry-leading position. Furthermore, its certification as a Great Place to Work underscores JAT’s commitment to its employees, making it an employer of choice.