CTC rated 'Platinum' for Corporate Accountability

The Ceylon Tobacco Company (CTC) PLC has been awarded the highest rating in the country's first ever 'report card' on corporate accountability. The company which strives to be a benchmark in corporate excellence, is one of four corporate entities to score more than the 90 per cent required for Platinum status in the inaugural benchmarking exercise undertaken by STING Consultants.

The LMD Magazine in its report said, "At CTC, accountability permeates every aspect of business. This, perhaps, is because the tobacco industry is under pressure from special interests groups and this, in turn, has compelled it to pursue a goal of becoming a model of accountability.

It leaves no stone unturned in its pursuit of excellence, ensuring that most aspects of accountability are addressed.

It has robust processes in place, which are constantly monitored and improved on and challenging targets on which it reports to its shareholders and stakeholders alike."

"Corporate accountability has been an integral part of CTC's success story over the years.

With over 75 years as a registered company in Sri Lanka, Ceylon Tobacco Company stands strong with a proud heritage of Good Corporate Governance and Accountability," said Mustanser Ali Khan CEO CTC.