Collaboration Between EDB and KPMG Sri Lanka Raises Awareness on New EU Regulations for ESG Factors.
A knowledge-sharing session on the new European Union (EU) regulations concerning Environmental, Social, and Governance (ESG) factors was recently organized by Export Development Board (EDB) and KPMG Sri Lanka. The session was held at the auditorium of the Postgraduate Institute of Management (PIM) and was attended by around 200 Sri Lankan export companies.
The European Union has introduced regulations that will impact the Sri Lankan export sector, particularly in ESG considerations. This event provided a platform to discuss the challenges and opportunities that the export industry will face due to the new EU ESG regulations.
Experts from KPMG Sri Lanka, including Ms. Pyumi Sumanasekara (Partner), Mr. Shazaad Nanzer (Director), Ms. Callishia Fernando (Senior Manager), and Ms. Fathima Mohideen (Deputy Manager), conducted informative sessions to guide participants through the complexities of the new EU regulations and ESG factors.
The sessions offered insights into the latest EU regulations, including their implications for the export industry. Real-world case studies were presented on key topics such as human rights, supply chain dynamics, decarbonization, and manpower challenges. Participants learned about practical steps to prepare for these changes and the risks and opportunities involved.
Dr. Kingsly Bernard, Chairman and CEO of the EDB, highlighted the importance of integrating ESG factors into export trade for global competitiveness. He emphasized the EDB’s commitment to promoting sustainable business practices in compliance with ESG standards and praised KPMG Sri Lanka for their collaboration in organizing the event.
As ESG considerations shape global trade, the new EU regulations will significantly impact Sri Lankan exporters. The seminar aimed to provide guidance on staying competitive and compliant in the evolving ESG landscape, helping companies improve their image and contribute to a sustainable future.
Export companies that took part in the seminar were grateful for the insights gained on new EU regulations and ESG factors, appreciating the informative sessions.
The Export Development Board (EDB) and KPMG Sri Lanka organized a knowledge-sharing session on new EU regulations regarding ESG factors, impacting the Sri Lankan export sector. Around 200 export companies attended the event at PIM. Experts from KPMG provided insights into the EU regulations and ESG factors, discussing challenges and opportunities for the industry. The sessions included real-world case studies on human rights, supply chain dynamics, and more. EDB’s CEO emphasized the importance of integrating ESG factors into export trade for global competitiveness. Participants learned practical steps to prepare for these changes and appreciated the guidance on staying competitive and compliant in the evolving global market.
