Nawaloka Hospitals secures a gold award at CA Sri Lanka’s Annual Report Awards 2021

Secures the gold award for sixth year

Pioneering healthcare provider Nawaloka Hospitals, recently secured the highly coveted gold award for exceptional integrated financial reporting practices within the healthcare sector, at the CA Sri Lanka’s 56th Annual Report Awards.

This marks the sixth year the hospital chain was presented with this prestigious accolade, affirming their strength and proactive drive in promoting transparency, accountability, good governance, and social responsibility even amidst the challenging business climate coloured by a global pandemic.

“The brilliant performance of Nawaloka Hospitals at the CA Sri Lanka Annual Report Awards 2021 stands testament to the firm commitment that we have made to adhering to the highest standards of integrated financial reporting for many years now. Integrated reporting is particularly important to healthcare companies as we deal in transparency, trust and social responsibility of the highest levels with all our stakeholders. This attitude sees our team constantly geared to adhere to best-in-class practices and standards in reporting prevailing across the world. I would like to congratulate our passionate, deeply dedicated team on this well-deserved victory,” Nawaloka Hospitals Chairman Jayantha Dharmadasa stated.

Nawaloka Hospital’s Integrated Annual Report voluntarily embraces global benchmarks such as the ‘International <IIRC> Framework’ and the Global Reporting Initiative (GRI) Standard ‘Core’ options. This is part of the company’s vision to share its journey of value creation with all its stakeholders by adopting the Six Capital Reporting Framework, under the Integrated Reporting Framework.

The prestigious CA Sri Lanka Awards aim to reflect effectiveness in the communication of financial and non-financial information to stakeholders and strict compliance with legislative requirements and accepted accounting best practices. In evaluating reports for the awards, CA Sri Lanka looks at each contender’s ability to effectively communicate organisational objectives, highlights, performance, personnel and management to all relevant stakeholders.