ACCA Sri Lanka Sustainability Reporting Awards 2011
Diesel & Motor Engineering Plc (DIMO) was adjudged the Joint Winner for the Medium Scale Category at the 7th annual ACCA Sri Lanka Awards for Sustainability Reporting 2010, held at the Cinnamon Grand hotel with the presence of the Nobel Prize Winner Prof. Mohan Munasinghe, as the chief guest. On this occasion DIMO was once again recognised as one of the most transparent corporate entities in Sri Lanka.
The ACCA awards encourage organisations to publish information on their economic, social and environmental impact and thereby highlight the importance for sustainable practices among corporates.
Sustainable entrepreneurship has always been at the core of DIMO’s corporate strategy and as an organisation they consistently strive to contribute towards enhancing the economy, preserving the environment and empowering all levels of society. With their immense commitment to these principals, DIMO has proved yet again to be a transparent and responsible corporate entity, which is among the best in Sri Lanka.
The purpose of the ACCA Sri Lanka Awards for Sustainability Reporting is to reward, recognise, encourage and raise awareness of responsible corporate entities that create an impact on the environment and society.
Towards this purpose, the judging panel assessed three key criteria’s — Completeness, Credibility and Communication in deciding the winners. The continuing and important need for concern for sustainability being highlighted in the statement by the Chairman & CEO of DIMO, Ranjith Pandithage, was one of the key points which led to winning this prestigious award.
The process of sustainability management at DIMO starts with each business unit identifying the relevant sustainability objectives and initiatives that needs to be included in business and operational plans. Responsibility for individual projects and initiatives are vested with the various business units, which are equipped with the resources and expertise to ensure speedy and efficient implementation of these objectives.
DIMO takes pride in continuously serving the people of Sri Lanka through representation of the best engineered brands in the world for more than seven decades. World class principals such as Bosch, Komatsu, Mercedes-Benz, Michelin, MRF, MTU, Osram, Siemens and Tata have retained their faith in DIMO to take their businesses to the next generation, while consistently maintaining the highest of standards in both corporate governance and good ethical practices.