STAYING THE COURSE

South Asia Gateway Terminals (Pvt) Ltd

Sustainability Report 2025/26

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Harbour

Sustainability, for SAGT, has always been a journey of intent. Since formalising our commitment in 2018, we have continued to strengthen the course we have set for ourselves by steadily embedding responsible business practices into the way we operate, grow and serve. As Sri Lanka’s first public private partnership container terminal, and as a key connector of global trade, we recognise the responsibility that comes with our role. Our investments in decarbonisation, effective water and waste management, digitisation and automation reflect our determination to make operations more environmentally friendly, smarter and more efficient. At the same time, our focus on employee development, wellbeing, safety and equal opportunities for women continues to strengthen the people at the heart of our progress.

In a world where priorities shift quickly and technology continues to redefine our industry, our direction remains clear. We do not see sustainability as a destination to be reached, but as a course to be kept to. Through every incremental improvement, every responsible decision and every step taken with our stakeholders in mind, SAGT remains committed to staying our course.

About this Report

South Asia Gateway Terminals (Pvt) Ltd. (SAGT) publishes this Annual Sustainability Report in its 27th year of operations, marking its seventh consecutive report to further reaffirm the Company’s commitment to sustainability. Published in June 2026, this report contains information on SAGT’s sustainability progress for the period 1 April 2025 to 31 March 2026.

It also presents comparative performance from previous years and highlights the Company’s continued progress across four key pillars:

  1. Environment Stewardship
  2. Enabling work environment
    - focusing on safety, security, health and wellbeing
  3. Social responsibility
  4. Governance
Annual Report Book
Report Scope and Boundary:

South Asia Gateway Terminals (Pvt) Ltd (SAGT’s) annual Sustainability Report 2025/26 has been reported in accordance with the GRI Standards for the period 1st April 2025 to 31st March 2026. All previous reports published thus far by SAGT have been in accordance with the GRI Sustainability Reporting Standards of 2016 with amendments and the GRI Universal Standards 2021, and amendments to GRI Topics Specific Standards (2018, 2019 and 2020). A full list of the disclosures referenced in this report can be found on page 38. As a single container terminal operator in the Port of Colombo, this report focuses exclusively on the operations of SAGT in the Port of Colombo. The organizational boundary of this report includes only the operations under the direct management control of South Asia Gateway Terminals (PVT) Ltd. and excludes subsidiaries, joint ventures, and activities carried out by third-party contractors, unless otherwise stated.

SAGT reports on Environmental, Social and Governance topics that are deemed material to the organization, based on their actual and potential positive and negative impact on its significant stakeholders, as well as the risks and opportunities of such impacts and dependencies on the business and its investors. Material topics were identified and prioritized through a structured materiality assessment process that included internal management consultations, selected stakeholder engagement, and an evaluation of operational and sustainability and climate related risks and opportunities. The resulting material topics are presented in the Sustainability Integration section of this report (page 38).

At SAGT, sustainability is integrated into the day-to-day operations of the terminal through a comprehensive Sustainability Management Framework. This framework includes stakeholder engagement and internal management perception analysis through which SAGT identifies its material topics, and subsequently establishes the robust sustainability strategy and management approaches, establishment of KPIs and internal review and monitoring to minimize negative impacts. The management approach for each material topic, including policies, responsibilities, and SOPs as well as the relevant GRI Standards based performance indicators, targets and initiatives undertaken to improve performance is described within the relevant thematic sections of this report. Details of this integration are outlined in the “Sustainability Integration” section in pages 30-41 of this report. The report outlines the sustainability performance, strategies for improvement, and progress towards achieving pre-set goals throughout the year.

In addition, Corporate Governance and Enterprise Risk Management are critical elements that underpin SAGT’s Sustainability Management Framework. This report provides a comprehensive overview of these areas.

Assurance

Whilst the information in this report has been reviewed internally by SAGT’s senior management, the Company continues to adhere to its policy of undertaking external assurance for its Annual Sustainability Reports. To this end, SAGT has obtained the services of DNV represented by DNV Business Assurance India (PVT) Ltd. to conduct an independent assurance based on AA1000AS – Type 2 moderate level of assurance. The assurance statement, covering the entire report, is presented on pages 75-79.

All methodologies, assumptions, indicators and estimations used in the compilation of this report follow the GRI standards and industry practices. Any restatements, along with underlying reasons, are clearly stated in the relevant sections of this report.

Applying the Precautionary Principle

SAGT recognises that issues such as resource consumption, environmental pollution and climate change are of critical importance. Consequently, the Company’s operational decisions are guided by the precautionary principle. At a minimum, SAGT ensures full compliance with all applicable laws and regulations. This report demonstrates SAGT’s commitment to complying with applicable laws and regulations and aligning its practices with recognised industry standards and global best practices.

Applying the Precautionary Principle

SAGT recognises that issues such as resource consumption, environmental pollution and climate change are of critical importance. Consequently, the Company’s operational decisions are guided by the precautionary principle. At a minimum, SAGT ensures full compliance with all applicable laws and regulations. This report demonstrates SAGT’s commitment to complying with applicable laws and regulations and aligning its practices with recognised industry standards and global best practices.

Contact us

We value your feedback and welcome your suggestions to enhance our approach to sustainability and sustainability communications. Please share your thoughts with

Chief Commercial Officer,
South Asia Gateway Terminals (Pvt) Ltd. (SAGT)
PO Box 141, Colombo 1, Sri Lanka

sustainability@sagt.com.lk
ship

Ceo’s Message

CEO

Over the past two and a half decades, SAGT has remained a cornerstone of Sri Lanka’s maritime and trade infrastructure. Since commencing operations in 1999, the Company has played a pivotal role in shaping the Port of Colombo into a globally recognised transshipment hub

Steen Knudsen

Chief Executive Officer

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About SAGT

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Our Vision

To be the most trusted gateway in the Indian Ocean

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Our Purpose

Empowering Sri Lanka’s Hub Aspirations

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Our Mission

To ensure the safe turnaround of ships within an optimal time, operating 24/7, 365 days a year.

To empower employees by providing an exemplary work environment every day whilst fostering sustainable and accountable growth as a unified team.

To continuously adopt best practices and technologies across the business

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Our Values

The Company’s founding principles are represented through its five core values, which in turn guide SAGT’s vision and are embedded across the organization’s mission, purpose, code of conduct and its other policies:

safety

Safety

Trust and Integrity

Trust and Integrity

Excellence

Excellence

Team Work

Team Work

Customer Centricity

Customer Centricity

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KEY HIGHLIGHTS DURING THE YEAR

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Infrastructure
Enhancements
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Biodiversity
Conservation Initiatives

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GHG Emissions Reduction
Initiatives
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Awards
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Efficiency
Initiatives

SUSTAINABILITY HIGHLIGHTS

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Employees
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Occupational Health and Safety
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Material Usage
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Waste Management

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Energy and Emissions

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Water and Effluent Management

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Environmental
Compliance
Corporate governance

CORPORATE GOVERNANCE

SAGT’s Corporate Governance framework supports its five core values of Safety, Trust & Integrity, Excellence, Teamwork, and Customer centricity, which in turn guide SAGT’s vision and are embedded across the organizational mission, purpose, code of conduct and its other sustainability related commitments.

Sustainability Performance

Through disciplined execution, continuous improvement and a clear commitment to sustainability and operational excellence, SAGT will continue to play a vital role in supporting the Port of Colombo’s evolution as a leading global transshipment hub.

Corporate governance