Hemas was honored with the Grand Award for Asia’s Most Socially Responsible Company of the Year at the Asia Corporate Excellence & Sustainability (ACES) Awards Ceremony held in Bangkok, Thailand. The award recognizes Hemas for its outstanding commitment to sustainable and responsible business practices, demonstrating an ethical and holistic approach to profit, planet, and people.
Commitment to Sustainable Communities
Hemas’ impact extends beyond its core business operations, playing a significant role in fostering sustainable communities across Sri Lanka. The company actively collaborates with the Government of Sri Lanka to drive initiatives that promote long-term social and environmental well-being.
Competitive Selection Process
The ACES Awards received over 325 applications from across Asia, with 159 companies shortlisted and 59 ultimately selected as winners. A stringent six-month evaluation process was conducted before the final winners were chosen by a distinguished panel of judges.
About the ACES Awards
Organized by MORS Group, the Asia Corporate Excellence & Sustainability Awards recognize outstanding companies and individuals in Asia across two key domains: leadership and corporate social responsibility. The awards serve as a platform to highlight Asia’s business achievements and inspire global recognition through knowledge sharing, research, and industry acknowledgment.
Industry Perspectives
Being a socially responsible company can bolster a company’s image and build its brand. The public perception of a company is critical to customer and shareholder confidence. By projecting a positive image, Hemas Holdings PLC has entrenched itself as a financially profitable organization with a big social conscience, said Shanggari Balakrishnan, Chief Executive Officer of MORS Group.
It is very important for the private sector to understand the needs of their communities and assist in addressing the gaps through partnerships and aligning activities with UNSDG goals. For the private sector to sustain its businesses, it’s important to have sustainable communities, said Shiromi Masakorala, Executive Director – Hemas Outreach Foundation / AYATI Trust Sri Lanka, and Consultant – Hemas Holdings PLC.
