The CBL Group was awarded second runner-up at the Best Corporate Citizen Sustainability Awards 2021 in recognition for its continued commitment to driving meaningful growth across its value chain.
The awards, organized by the Ceylon Chamber of Commerce for the 18th consecutive year, are the result of a rigorous evaluation process of demonstrated commitment to sustainable business growth and national development.
As one of Sri Lanka’s leading food conglomerates CBL plays a key role in the growth and stability of the industry and its value chain. Ensuring that stakeholder communities from farm to table grow sustainably to face the risks of the future and partner CBL’s growth, is crucial to the continued success of CBL and its brands Munchee, Ritzbury, Revello, Tiara, Samaposha, Nutriline, Lankasoy and Sera.
Despite the challenges of the pandemic, the Group has achieved remarkable growth in its business and for its brands. In the last financial year, CBL recorded a 31% increase in Group turnover and expanded export presence amidst crippling logistical obstacles to cover eight new countries and achieve 17% export turnover growth.Group Managing Director SheaWickramasingha says “Our growth is partnered by our stakeholders across the CBL value chain and during the pandemic, CBL had a large role to play in ensuring that these stakeholders had stable livelihoods and continued access to growth opportunities. Our products touch every Sri Lankan home and consumers in over 60+ countries worldwide. CBL Teams have taken extraordinary measures to ensure that we consistently fulfil our responsibilities to all our consumers and stakeholders, even in the face of really difficult challenges.”