Page 34 - SAGT Sustainability Report 2021
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32 SOUTH ASIA GATEWAY TERMINALS (PVT) LTD
ENVIRONMENTAL
STEWARDSHIP
60% ENVIRONMENTAL POLICY
of RTG fleet to be converted to Hybrid SAGT is mindful of its impact to the environment and has
technology by the end of 2021 instigated numerous policies to ensure the Company
conducts its business in an environmentally sustainable
05 manner. The Company at minimum adheres to all
environmental regulations of the country.
acres of land reforested at Yagirala
Forest Reserve
SAGT takes its responsibility as an environmental steward seriously and undertakes to raise
awareness and promote greater environmental responsibility among its stakeholders. Given SAGT’s
location within the Colombo Port, the Company’s interaction with the surrounding community and
its individual stakeholders is limited.
Premised on its Environmental Policy, SAGT Environmental reporting and management terminal activities. Moreover, the Company
is committed to incorporate environmental methods are constantly being enhanced to also engages with regulatory bodies such as
practices into the business strategy and ensure improvement in terms of day-to-day the Central Environmental Authority (CEA), Sri
operations. The Company adheres to all management and monitoring of environmental Lanka Ports Authority (SLPA), and the Marine
relevant local environmental laws and issues. Environment Protection Authority (MEPA).
regulations and tracks its environmental
performance every quarter, in alignment with SAGT takes its responsibility as an From a climate change perspective, SAGT
the relevant GRI Standards. A comprehensive environmental steward seriously and places risks mainly from impacts created
Sustainability Management Framework is in undertakes to raise awareness and promote by natural disasters such as floods, tidal
place, supported by a spreadsheet-based greater environmental responsibility among waves, tsunami, cyclones, typhoons etc, and
software tool for the purpose of data collation, its stakeholders. Given SAGT’s location such risks are mitigated via infrastructure
analysis and reporting. within the Colombo Port, the Company’s deployed on the terminal. The terminal
interaction with the surrounding community owned engineering and design as well the
The Management Committee is informed of and its individual stakeholders is limited. comprehensive insurance port package which
the results of the quarterly analysis and are The Company has in place mechanisms to covers SAGT for all the above said risks
expected to identify areas for improvement receive feedback from stakeholders regarding including business interruption and terrorism.
while recommending the implementation their grievances and potential environmental
of appropriate actionable initiatives. concerns they may have owing to SAGT’s