The Advantis Group Clinches its 8th Consecutive Gold at TAGS Awards 2024
2 January 2025
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Hayleys Advantis, the transportation and logistics arm of Hayleys PLC, proudly secured the Gold Award for the eighth consecutive year in the ‘Service Organisation’ category at the TAGS Awards 2024, hosted by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

Celebrating its 59th edition under the theme ‘Digital Edge – Enriching Corporate Reporting Excellence,’ the TAGS Awards highlight the importance of transparency and accountability in corporate reporting, recognising organisations that set benchmarks in clarity and stakeholder communication. The event also celebrates companies that go beyond compliance, showcasing how robust reporting practices reflect a strong commitment to corporate governance and sustainability. By promoting openness, the awards encourage businesses to adopt innovative practices, ensuring their financial and non-financial disclosures align with the evolving expectations of a globalised, information-driven world.

This year, the Advantis Group launched its first-ever integrated annual report, themed ‘Certain as the Sun.’ This milestone publication introduced the Group’s pioneering ESG strategy, ‘HELIOS,’ further emphasising its commitment to long-term sustainability. The theme and strategy symbolised reliability, resilience, and a forward-thinking approach, mirroring the perpetual dependability of the sun.

The report provided stakeholders with a comprehensive view of both financial and non-financial performance, highlighting Advantis’ dedication to value creation and addressing key environmental, social, and governance challenges. The publication set a new benchmark in corporate reporting, aligning purpose with performance and supporting the Group’s vision for sustainable growth.

Speaking on the achievement, Mr. Ruwan Waidyaratne, Managing Director of the Advantis Group, stated, “Securing this recognition for the eighth consecutive year highlights our commitment to transparency, accountability, governance, and sustainability in corporate reporting. It also reflects the collective dedication of the Advantis team in consistently delivering award-winning reports year after year. At Advantis, we strive to set new standards, not only in the services we provide, but also in how we communicate our value creation to stakeholders. This award inspires us to continue advancing and striving for excellence in our reporting standards.”

Mr. Virendra Perera the Group Finance Director and Chief Strategy Officer stated, “The publication of our first integrated annual report marks a significant milestone for Advantis, enhancing our reporting practices and aligning them with global standards for Integrated Reporting. This report offers stakeholders a comprehensive view of our long-term value creation, while reinforcing our commitment to upholding the highest standards of governance, fostering growth, and strengthening trust across all stakeholder groups. This award further reinforces our position as a transparent, financially resilient, and responsible organisation.

Advantis is a diversified transportation and logistics provider, with over six decades of experience and operations spread across Bangladesh, India, Indonesia, the Maldives, Myanmar, Singapore, Sri Lanka and Thailand. Backed by the blue-chip multinational conglomerate Hayleys PLC, Advantis is at the forefront of the transportation and logistics industries providing end-to-end solutions covering Freight Management, Integrated Logistics, Marine and Energy, Projects and Engineering, and Travel and Aviation. In recognition of Advantis’ exceptional service, the Group has been honoured with the prestigious title of ‘Best Transportation and Logistics Company in Sri Lanka and South Asia’ by Global Brands Magazine, UK. For more information on Advantis, visit www.advantis.world