Lanka IOC PLC 2015 AR2
The report highlights Lanka IOC's first attempt at sustainability reporting, prepared in accordance with the GRI G4 Core guidelines for the fiscal year 2014-15. Despite a challenging economic environment with a sharp drop in retail fuel prices and increased government duties, the company maintained an 18% share of the domestic fuel retail market. Key achievements include the commissioning of 12 new retail outlets, the refurbishment of 11 existing stations, and the expansion of its 'SERVO' shop network to 144 locations. Lanka IOC also successfully completed 12 years of accident-free operations and introduced Euro 5 compliant 10 ppm diesel to upgrade its product quality. Additionally, the company continued its community welfare initiatives under the 'We Care' and 'Go Green' banners, focusing on education, healthcare, and environmental conservation.
Company: Lanka IOC PLC
Sector: Wholesale & retail
Country: Sri Lanka
Year: 2015
Type: AR2
Pages: 116
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Lanka IOC PLC
Annual Report
The report highlights Lanka IOC's first attempt at sustainability reporting, prepared in accordance with the GRI G4 Core guidelines for the fiscal year 2014-15. Despite a challenging economic environment with a sharp drop in retail fuel prices and increased government duties, the company maintained an 18% share of the domestic fuel retail market. Key achievements include the commissioning of 12 new retail outlets, the refurbishment of 11 existing stations, and the expansion of its 'SERVO' shop network to 144 locations. Lanka IOC also successfully completed 12 years of accident-free operations and introduced Euro 5 compliant 10 ppm diesel to upgrade its product quality. Additionally, the company continued its community welfare initiatives under the 'We Care' and 'Go Green' banners, focusing on education, healthcare, and environmental conservation.
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Document Details
Report Year
2015
Reporting Period
Apr 1, 2014 - Mar 31, 2015
Fiscal Year
2015
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Workplace Fatalities
Employees