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CA Sri Lanka  Integrated Annual Report 2024                                                         89








                                                   Promoting Excellence in Corparate
                                                   Reporting


                                                   TAGS Awards 2024
                                                   The prestigious 59th TAGS Awards, organised by CA Sri Lanka was held on
                                                   12th December 2024 at Shangri-La, Colombo, to recognise the financial
                                                   and non-financial corporate reporting excellence, while promoting the need
                                                   for transparency accountability, governance, and sustainability in business
                                                   reporting. Over the years, TAGS Awards has evolved into a standard of
                                                   excellence in corporate reporting, upholding the highest standards in financial
                                                   and sustainability reporting and guiding companies to improve their annual
                                                   reports in line with the global best practices
         Award for Overall
         Excellence in Corporate                   TAGS Awards 2024 witnessed the participation of a wide array of leading
                                                   organizations from diverse sectors including publicly listed companies,
         Reporting                                 private entities, small and medium enterprises (SMEs), and non-profit
                                                   organizations, showcasing the growing interest and demand for transparent
                                                   and accountable reporting.

              Gold Award                           The reports submitted for the awards competition were evaluated by a valued
              Hayleys PLC                          team of Chartered Accountans and who assess various criteria such as
                                                   financial accuracy, governance disclosures, risk management, sustainability
                                                   integration, and overall presentation quality.
              Silver  Award
              Diesel & Motor Engineering PLC       Hayleys PLC secured the prestigious Gold Award for Overall Excellence in
                                                   Corporate Reporting, Diesel & Motor Engineering PLC took the Silver and
                                                   Commercial Bank of Ceylon PLC and Softlogic Life Insurance PLC jointly
              Bronze Award -Joint Winners          earned the Bronze. The event recognized outstanding achievements across
              Commercial Bank of Ceylon PLC        multiple categories, including Corporate Governance Disclosure, Integrated
                                                   Reporting, Sustainability Reporting, and Digitally Transformative Reporting.
              Softlogic Life Insurance PLC


          Special Awards -Gold Winners
          Corporate Governance Disclosure
            Financial Services
            Commercial Bank of Ceylon PLC

            Non-Financial Services
            Hayleys PLC

          Integrated Reporting
          Hayleys PLC


          Sustainability Reporting
          Hayleys PLC

          Digitally Transformative Reporting
          Softlogic Life Insurance PLC



                                                    Award for Overall Excellence in Corporate Reporting
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