SLT-Mobitel announces new whistleblowing procedure, fortifying corporate governance

Wednesday, 11 October 2023 00:30 -     - {{hitsCtrl.values.hits}}

 Sri Lanka Telecom Chairman Reyaz Mihular

 


 

  • Independent panel and transparent reporting channels for robust ESG policies

SLT-Mobitel yesterday introduced an enhanced Whistleblowing Procedure to further strengthen the Organisation’s Environment, Social and Governance (ESG) Policies. 

A key component of the upgraded procedure is the impartial Whistleblowing Unit, which comprises a panel completely independent from SLT-Mobitel to conduct preliminary investigations into reported incidents.

The improved SLT-Mobitel Group Whistleblowing Procedure enables company employees, any stakeholder connected to the organisation or the public to report concerns about suspected serious misconduct that may adversely affect the Company, the Company’s customers, shareholders, employees, investors, or the public at large. 

This independent panel of the Whistleblowing Unit will conduct a preliminary investigation into reported incidents and submit their report to the Audit Committee, which will direct the Chief Internal Auditor and CEO to take appropriate action.

SLT Board Chairman Reyaz Mihular said: “The Independent Whistleblower Panel is a testament to Sri Lanka Telecom’s commitment to best-in-class corporate governance practices. We believe that ethical governance and responsible corporate citizenship are fundamental to how we conduct business. This revised Whistleblowing Procedure is designed to provide safe channels for whistleblowers to report concerns on serious misconduct within the company, without fear of punishment or unfair treatment. Along with this latest initiative, SLT-Mobitel will continue to embed robust ESG practices and policies in every business vertical within the organisation as an essential component for sustainable business growth.”

The panel of the impartial Whistleblowing Unit comprises the University of Colombo Faculty of Management and Finance Department of Human Resources Management Prof. Pavithra Kailasapathy, Employers’ Federation former Director General and Attorney at Law Gotabaya Dissanayake and Chartered Accountant practising as an Independent Consultant Mohamed Awad, and Unit Secretary Rita Kernwho.

The Whistleblowing Unit can be reached through various reporting channels including via Voice Mail Service/WhatsApp on the Ethics Hotline at 070 568 2121, through email at [email protected] or by sending letters and documents addressed to P.O Box 2323, Colombo 10.

ESG is a global framework for how corporations can create a better future for both current and future generations by balancing Environmental, Social and Governance concerns, transforming the way we work and going beyond our corporate social responsibilities. SLT MOBITEL’s ESG initiatives are setting new benchmarks, with a more holistic approach towards creating a brighter tomorrow.  

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