Daily FT

Elpitiya Plantations awarded Silver for Best Management Practices

Elpitiya Plantations received multiple awards at the Best Management Practices Company Awards 2023 organised by the Institute of Chartered Professional Managers ( CPM) of Sri Lanka. Elpitiya Plantations was adjudged the Silver award ( joint winner) in the overall category and the sector winner in Agriculture and Plantations. The company was also recognised among the Top 5 Excellence Awards for their best management practices.

To be self-sufficient in overcoming food security and poverty and hunger alleviation among estate communities were among the other objectives of the project. The key activities that the company has executed through this management practice were vegetable cultivation within estates, providing mid-day meals and dry rations to estate employees, meals, facilities and medical assistance for retired workers, widows, orphans and differently abled children, and providing employee incentives based on profits made during the year.

The company was recognised for the management practice ‘ Ready to be Ready’ which was executed with the aim of building a sustainable business model that focuses on the wellbeing of stakeholders and the community. Furthermore, the implemented management practice is to be a role model in economic and social upliftment in the plantations sector.

To be self- sufficient in overcoming food security and poverty and hunger alleviation among estate communities were among the other objectives of the project. The key activities that the company has executed through this management practice were vegetable cultivation within estates, providing mid- day meals and dry rations to estate employees, meals, facilities and medical assistance for retired workers, widows, orphans and differently abled children, and providing employee incentives based on profits made during the year.

“Ready to be Ready is an ongoing project within the company and it is one of the key factors that has helped our employees during the pandemic and even with the ongoing economic crisis. Among larger corporate giants, the multiple awards won by the company demonstrates the resilience of our business and our people to execute transformative management practices”, commented Mr. Bhathiya Bulumulla, CEO/ Director of Elpitiy Plantations PLC.

Best Management Practices

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2023-03-30T07:00:00.0000000Z

2023-03-30T07:00:00.0000000Z

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