Business
Hayleys Fabric strengthens biodiversity regeneration efforts
Strengthening its commitment to drive biodiversity regeneration and environmental conservation, Hayleys Group subsidiary and leading textile manufacturer Hayleys Fabric partnered with the Central Environmental Authority (CEA) and the Universities of Peradeniya and Wayamba to champion the protection of habitats connected to tributaries of the Bentota River.
The Rs. 1.5 million initiative aims to stabilise the river banks of the Ihala Hewassa, Kaludola and Kalugala streams with the conservation and regeneration of the three endangered Ketal (Lagenandra) species.
“Our commitment to a sustainable future runs deep. Working in line with the Hayleys Lifecode, an ESG (Environment, Social and Governance) driven roadmap for the Hayleys Group, we have taken extensive measures to ensure each aspect of our manufacturing process is sustainable and environmentally friendly.
“Most recently, we invested in nine acres of wetland adjacent to our factory premises to preserve biodiversity and raise awareness of the unique endemic species found within its borders. Having understood that the most severe threat to the survival of life on earth is the loss of biodiversity, we look forward to supporting our partners and extending our commitment to environmental preservation to ensure yet another area in our vicinity is protected and thrives under their guidance,” Hayleys Fabric Managing Director/CEO Rohan Goonetilleke said.