🇱🇰 Teejay Lanka Leads Regional Sustainable Supply Chain Initiative 📈
Teejay Lanka PLC has been appointed Patron of the UN Global Compact Network Sri Lanka’s Sustainable Supply Chain and SMEs Working Group, highlighting its role in driving ethical and transparent practices within the apparel & textiles sector. • Climate & Decarbonisation: The company’s emission reduction targets have been validated by the Science Based Targets initiative (SBTi). The FY 2024/25 total GHG inventory was 676,666.38 t CO₂ eq. Scope 3 emissions represent approximately 85% of the total, underscoring the focus on value-chain accountability (Purchased Goods/Services and Processing of Sold Products). • Traceability & Digital: Teejay utilizes a multi-platform digital framework (TextileGenesis, Origin) for raw material traceability. It is developing a QR Traceability Project to align with future EU regulations like the Digital Product Passport (DPP) and CSRD. • Circularity & Waste: The company achieved a remarkable 64% overall waste-diversion rate in FY 2024/25 (38% recycled, 26% reused), supporting its Abhivarah 2030 'Waste to Wealth' vision. • ESG Performance: High operational standards were confirmed by exceptional average Higg FEM scores (Teejay Lanka 99%, Teejay India 97%, Teejay Prints 91%). The firm is also aligning its reporting with IFRS Sustainability Disclosure Standards (S1 and S2) from FY 2024/25. Teejay’s role involves building capacity for SMEs and suppliers to meet global sustainability benchmarks, acting as a crucial bridge between regional manufacturers and international buyers.