South Asia Gateway Terminals (Pvt) Ltd (SAGT), Sri Lanka’s first Private Public Partnership (PPP) in the Port of Colombo, launched its first sustainability report under the theme ‘Going Beyond’, outlining the Company’s sustainability performance and initiatives for the financial year 2019/2020.
The publication of this inaugural report has once again underscored the organization’s trail-blazing leadership with another “first” for ports and terminals in Sri Lanka and the region by becoming the only maritime terminal in Sri Lanka to be independently audited and certified by globally acclaimed assurance experts DNVGL represented in Sri Lanka by DNVGL Business Assurance Lanka (Pvt) Ltd
SAGT initiated a comprehensive Sustainability Management Framework in 2018, ensuring the fundamentals of sustainability are integrated into its operations as a core value.
SAGT now reports on 30 GRI (Global Reporting Initiative) Topic Specific disclosures under 18 Material Topics based on the GRI Standards.
Continuous tracking of Key Performance Indicators (KPIs) relevant to these disclosures enable leadership at all levels to identify trends, variances and potential risks in key operations and take immediate corrective action where necessary.
In 2019, the organization further strengthened its commitment to sustainable maritime operations becoming the first member of the World Ocean Council from the Indian sub-continent region.
Commenting on the report, the Minister Rohitha Abeygunawardena said “today is yet another milestone in the progress of the Port of Colombo. It is a proud achievement for SAGT as a majority Sri Lankan owned organization- first in the Port of Colombo. This is another example of Sri Lanka’s ability to adopt global best practice in our offering as the primary hub port in the region”
On launching the report, Romesh David, SAGT’s CEO stated, “We take our commitment to sustainability and the environment very seriously”.
“Integrating, measuring, tracking and annually publishing independently certified reporting on the definitive steps we take to reduce our impacts on the planet, will set a new benchmark for container terminal operations.”
The company handles approximately 30% of the container throughput in the Port of Colombo. The full Sustainability Report is available on the SAGT website.