American & Efird Lanka named winner at Sustainability Reporting Awards

9 March 2015 05:45 am - 0 - {{hitsCtrl.values.hits}}

A A A

American & Efird (A&E) Lanka, a fully owned subsidiary of one of the world’s premier industrial sewing thread manufacturer American & Efird LLC, USA, once again was lauded and recognized for its continuous transparency and accountability when it emerged as an overall winner in the General Services and Utilities sector at the ACCA Sustainability Reporting Awards.

The award is a tribute to American & Efird Lanka's admirable performance towards economic, environmental and social impact caused by its everyday activities. This also goes on to succesfully demonstrate its values, strategy and corporate governance model and its commitment to a sustainable global economy.

Mr. Priyantha Aluthwatte, Managing Director of A&E Lanka, said ''We are delighted to have been recognized as one of the most transparent, accountable and responsible business entities for the second consecutive year. This goes on to exhibit our commitment in maintaining and enhancing the highest level of sustainability compliance in the industry whilst also being aligned with global standards.''

A&E Lanka is no stranger to ACCA Sustainability Reporting Awards and has been recognised by the awarding body on a previous occasion, when it won the overall award in the Manufacturing Sector last year. The re-affirmation of this through its win this time around emphasizes the company’s drive towards maintaining and improving its overall performance regard to corporate governance, social responsibility and sustainability measures.

The Sustainability Reporting Awards is an annual award competition conducted by the Association of Chartered Certified Accountant (ACCA) with a view to recognizing business entities, which strive to comply with GRI (Global Reporting Initiative) standards and have demonstrated excellence in sustainable development.

Recently A&E Lanka also clinched an award for the best ‘Green Report’ in the country by the National Green Reporting System of Sri Lanka. The reporting system comprises 50 indicators including 24 environment indicators, 20 social indicators and six economic indicators.

A&E Lanka's long-standing commitment to Environmental, Health and Safety (EHS), sustainability, and social responsibility continues to be a top priority at all A&E’s operations globally, enhancing environmental sustainability in operations and in supply chain to meet expectations of both customers and stakeholders.

As part of one of the world’s largest manufacturers and distributors of industrial sewing thread, embroidery thread and technical textiles, A&E Lanka operates with state of the art manufacturing and a total commitment to quality. A&E Lanka boast a large share of the Sri Lanka market for sewing thread and has also been endorsed as the Preferred Thread Solutions Supplier for the fourth consecutive year by the Sri Lanka Apparel Exporters Association (SLAEA).
A&E has been in the textile business for more than 120 years and has continuously been recognized for its leading edge technology, orchestrated delivery logistics, continuous and sustained innovation, peak process efficiency, dedicated and flexible service and wide spectrum product portfolio.

Through its global network, A&E’s products are manufactured in 20 countries, distributed in 44 countries and sold in over 95 countries. In recent years, A&E has increased its global product offerings through its acquisitions, very recent one being European-based Gütermann, a leading European manufacturer and distributor of premium, high-quality sewing thread, amongst Ludlow®, Robison-Anton® and Synthetic Thread, well known manufacturing companies of quality industrial sewing thread, technical textiles and embroidery yarns and thread.

Mr. Priyantha Aluthwatte (Right), Managing Director of American & Efird Lanka receiving the award from IFC's Country Manager for Sri Lanka and Maldives Mr. Adam Sack

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 0

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

American & Efird Lanka named winner at Sustainability Reporting Awards

Comments - 0

Add comment

RECOMMENDED

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Western purple-faced langurs see blue!

Most Viewed in News

Street food vendor arrested for verbally harassing foreigner

Belgian traveller scammed in Kalutara

April 15 declared a government holiday

23 year old youth ends up having his testicles removed

Complaint lodged over Piumi Hansamali's possession of Gota’s Range Rover

New Visa procedure implemented

MIRROR CRICKET

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings

Chamodi, Dewmi spins Sri Lanka U19 Women to big win

TODAY'S HEADLINES

Wild elephants pull down 16 telephone poles

Middleman arrested for price gouging at Kalutara eatery

Bondholders’ agreement delay won’t hinder IMF third tranche payout: Dr. Coomaraswamy

Party leaders to shoot down MPs request for concessionary duty free vehicle permits

Hardik fined Rs 12 lakh for violating IPL code of conduct after win over Punjab Kings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

Mendis, Mathews move up in ICC Test Rankings