📈 Sri Lanka Launches Revised National Green Reporting System
President Anura Kumara Dissanayake has officially launched the revised National Green Reporting System (NGRS) guidelines, a key initiative supported by the European Union and implemented by UNIDO to boost corporate sustainability. • Objective: Modernize environmental, social, and governance (ESG) reporting to align with Global Reporting Initiative (GRI) standards. • Scope: Provides a voluntary framework for organizations across the manufacturing, commercial, and service sectors to measure and disclose sustainability performance. • Strategic Impact: • Enhances transparency and operational efficiency for local businesses. • Enables Sri Lankan companies to meet evolving global sustainability requirements, preserving and expanding access to high-value international markets. • Strengthens investor trust and competitiveness by providing robust, comparable sustainability data. Originally introduced in 2011, the updated guidelines were developed under the EU-funded ‘Accelerating Industries’ Climate Response in Sri Lanka (AICRSL)’ project to support the nation’s transition toward a greener and more resource-efficient economy.