Aitken Spence among the top for transparency in corporate reporting | Sunday Observer

Aitken Spence among the top for transparency in corporate reporting

6 September, 2020

Aitken Spence PLC is among the top companies in Sri Lanka’s first-ever assessment of transparency in corporate reporting by Transparency International Sri Lanka (TISL).

Aitken Spence has worked over many years to develop its internal procedures aligned to the international best practice in corporate reporting endorsed by the Company. The Group’s reporting structure has always provided a balanced review of its performance with high levels of transparency while communicating material information in a concise and comprehensive manner.

“Aitken Spence considers external assessments to be mechanisms to identify opportunities for growth. This is another achievement that we take seriously as it sheds light on our corporate reporting practices and provides insights on how we can elevate our benchmarks for external disclosures. We also thank Transparency International Sri Lanka for their detailed report and anticipate that this will further strengthen future corporate disclosures,” said  Deputy Chairman and Managing Director Aitken Spence, Dr. Parakrama Dissanayake.

“This review illustrates broader stakeholder expectations on addressing ethical business practices and aligning them to international benchmarks. We at Aitken Spence follow global benchmarks on reporting and business operations. Moreover, honesty and transparency are integral components of our core values and resonates with how we strive to operate as a responsible organisation that truly walks the talk,” he said.

Aitken Spence has demonstrated leadership in transparency, accountability and good governance in diverse platforms.