Page 5 - SAGT Sustainability Report 2022 2023
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SUSTAINABILITY REPORT 2020/21 3

ABOUT

THIS REPORT

A WGROERBEIRNLNIVNDEGESITRNCINGLGFTOUHINETSEURR.E.                                    This is the second consecutive annual sustainability report published by South
                       SOUTHSUASSTIAAINGAABTIELWITAYYRTEEPROMRITN2A0L2S0(/P2V1T) LTD  Asia Gateway Terminals (Pvt) Ltd (SAGT), through which the Company aims to
                                                                                      communicate the progress of its sustainability commitments for the period 01st April
                                                                                      2020 to 31st March 2021.

                                                                                      As in the first report published in the year 2019-20, SAGT continues to follow the
                                                                                      disclosures set out by the Global Reporting Initiative (GRI) Standards as the basis of
                                                                                      its sustainability reporting. Please refer the GRI Content Index on page 52 for the full
                                                                                      list of disclosures referenced in this report.

The ‘Sustainability Integration’ section of this report outlines the                                                                      Applying the Precautionary Principle
operationalization of these themes in the day-to-day business                                                                              SAGT’s operational decisions are guided
through the Company’s Sustainability Policy.                                                                                               by the “Precautionary Principle”. Hence,
                                                                                                                                           the Company considers resource
SCOPE AND BOUNDARY                                                                    The ‘Material Topics’ section on page 26 refers      consumption, environmental pollution
                                                                                      to the key sustainability topics addressed by        and climate change as areas of high
This Report reflects SAGT’s approach to                                               SAGT’s Sustainability Policy.                        priority.
embed Environmental, Social and Governance                                                                                                 At minimum, SAGT ensures full
(ESG) standards to its core business                                                  Key Sustainability Topics and Concerns’ on           compliance with all laws and regulations
operations to drive its triple-bottom-line                                            pages 26-31 identifies the key sustainability        applicable to the business.
performance. All sustainability information                                           topics operationalized and other areas that          Beyond the statutory obligations, SAGT
contained within this report is based on the                                          were prioritized for impact assessment               strives to benchmark industry norms
Global Reporting Initiative (GRI) Standards:                                          resolution.                                          and other global best practices.
“Core” option.
                                                                                      ASSURANCE                                        CONTACT
The information and disclosures contained in                                                                                           We value your opinion to help us improve and
this report are in adherence to GRI principles.                                       The information presented in this report has     progress in our approach to sustainability and
Accordingly, key sustainability themes such                                           been reviewed by the senior management           sustainability communication and request that
as Materiality, Stakeholder inclusiveness and                                         team of the Company and conforms to the          your comments and feedback be directed to:
Sustainability context were determined based                                          methodologies discussed in the ‘Corporate        Sustainability@sagt.com.lk
on the GRI principles.                                                                Governance’ section of this report. The
                                                                                      sustainability indicators, including the
The ‘Sustainability Integration’ section of this                                      calculation methodologies, assumptions and
report outlines the operationalization of these                                       estimations applied in their compilation are in
themes in the day-to-day business through the                                         accordance with GRI standard Guidelines as
Company’s Sustainability Policy.                                                      well as standard industry practices.

The ’Stakeholder Engagement’ section of this                                          Furthermore, this report has been
report illustrates the methodology adopted by                                         independently assured based on AA1000AS –
SAGT in identifying its key stakeholders and                                          Type 2 moderate level of assurance by DNVGL
the manner in which SAGT engaged with them                                            represented in Sri Lanka by DNVGL Business
throughout the year.                                                                  Assurance Lanka (Pvt) Ltd.
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