For Industrial sector:

National Green Reporting System to be introduced

Disna MUDALIGE

The Environment Ministry in collaboration with Sri Lanka Investment Board and Sri Lanka National Chamber of Commerce (SLNCC), has taken steps to introduce a National Green Reporting System for the industrial sector.

Social and environmental information and data in the industrial or commerce sector, will also be reported under the green reporting system in addition to the financial variables which are usually reported. For example, even natural resources will be added as fixed capital to accounts under green accountancy which is a part of this system.

"Green accountancy and green reporting could prove the environmental friendly status in goods and services as well as in the production process. Modern day consumers were inclined to buy organic products or products that contain minimal carbon amounts, since priority was given to control global warming and climatic changes.

"A prominent place could be obtained both in the international and local markets by enhancing green qualities of products", an Environment Ministry official said.

As an initial step to this program, a two day training program for selected representatives from 26 industries affiliated to SLNCC and four leading super markets were commenced at the Ramada Hotel yesterday.

Environment Ministry plans to establish a unit comprising trained employees to carry forward the green reporting system in the industrial sector after the completion of training.