Lakarcade Joins UN Global Compact Network Sri Lanka 📈
Sri Lankan novelty gift and souvenir retailer Lakarcade Ltd. has been accepted as a participant of the UN Global Compact Network Sri Lanka, committing to integrate universal sustainability standards into its business strategy and supply chains. • Strategic Alignment: The company commits to aligning operations with the UN Global Compact’s Ten Principles, focusing on human rights, labor, environmental protection, and anti-corruption. • Sector & Community Impact: Lakarcade connects handicrafts & souvenir retail with international markets, supporting independent artisans, traditional craftsmen, and community creators across Sri Lanka. • Corporate Growth: CEO and Managing Director Anil Koswatte noted that participation enables the company to promote local cultural heritage while collaborating with industry peers for ethical, transparent growth.