Elpitiya Plantations PLC: A Celebration of Excellence - Aitken Spence

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Elpitiya Plantations PLC: A Celebration of Excellence

Elpitiya Plantations PLC marked an extraordinary year, earning accolades at two of Sri Lanka’s most prestigious award ceremonies—the TAGS Awards 2024 by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) and the Best Corporate Citizen Sustainability Awards by the Ceylon Chamber of Commerce. These honors reflect the company’s dedication to financial transparency, environmental stewardship, and its transformative journey through biodiversity

Under the leadership of Dr. Parakrama Dissanayake (Chairman), Dr. Rohan Fernando (Managing Director), and Mr. Bhathiya Bulumulla (CEO and Joint Managing Director), and managed by Aitken Spence Plantation Managements PLC since 1997, Elpitiya oversees 13 estates and 17 factories, producing tea and diversified crops. It has pioneered berry cultivation in Sri Lanka, reducing import reliance, while expanding into sustainable forestry, eco-tourism, hydropower, and specialty tea manufacturing.

At the TAGS Awards 2024, Elpitiya Plantations was celebrated as the Bronze winner in the Plantations Sector, in recognition of its excellence in financial reporting adhering to global reporting standards. The company also received a Certificate of Recognition for Sustainability Reporting.

The company’s sustainability achievements were further reinforced at the Best Corporate Citizen Sustainability Awards, where it earned the title of 2nd Runner-Up in the category of companies with revenue below 15 billion rupees. The company also received recognition for its innovative project, “Grow to Grow,” which focuses on cultivating bamboo as a renewable source of biomass.

This honor underscores Elpitiya’s holistic approach to sustainability, seamlessly integrating economic growth with environmental conservation and community upliftment. Through its efforts, the company has consistently demonstrated how a business can align profitability with purpose, leaving a profound and lasting impact on the ecosystems it nurtures and the lives it touches.

Elpitiya’s narrative of progress this year was beautifully articulated through its “Symphony of Sustainability: Touching Every Heart and Every Life”, an ode to its dedication to biodiversity and community well-being. This philosophy has guided the company in every endeavor, underscoring the intrinsic connection between its operations, the environment, and the people it serves.

As Elpitiya Plantations embarks on the next chapter of its journey, it remains resolute in its mission to redefine success in the plantation industry. By intertwining economic prosperity with environmental and social harmony, the company stands as a beacon of inspiration, demonstrating that true progress is not just about growth but about nurturing a legacy where business, biodiversity, and humanity coexist in perfect harmony.

Elpitiya Plantations Team receiving the Bronze Award at CA TAGS Awards 2024
Image of Aitken Spence LeadershipMr. Bhathiya Bulumulla - CEO and Joint Managing Director of Elpitiya Plantations PLC with his team receiving the 2nd Runner-up Award – Category B at the Best Corporate Citizen Sustainability Awards 2024
Mr. Izzadeen (Chief Sustainability Officer) and Mr. Pradeep Vithanage (Senior Manager) – Elpitiya Plantations PLC, receiving the Merit Certificate for Best Sustainability Project “Grow-to-Grow” at the Best Corporate Citizen Sustainability Awards 2024