Haycarb PLC launches “ACTIVATE”, a ground-breaking ESG Roadmap on 50th Anniversary

Haycarb PLC, a global leader in high-value coconut shell activated carbon and a member of the
Hayleys Group announced the launch of “ACTIVATE”, its Environmental, Social, and Governance
(ESG) Roadmap 2030.
ACTIVATE lays out a vision for integrating Environmental, Social and Governance (ESG)
considerations across the company’s strategy, processes and business operations, in alignment with
the broader targets set out under the Hayleys Lifecode, which articulates the Hayleys Group’s ESG
aspirations and roadmap for 2030.
ACTIVATE revolves around five key pillars: Restore, Inspire, Excite, Uplift, and Innovate. Each
provides a defined and clear pathway to enriching all aspects of Haycarb’s value chain, encompassing
the environment, its employees, customers, communities and its product proposition.
Through ACTIVATE, Haycarb has set ambitious targets to achieve by 2030 including a 50% increase
in the use of renewable energy resources, adoption of 25% sustainable packaging for raw materials,
and an increase in sustainable water sourcing of 10%. This is in addition to significant waste
reduction, water reuse and recycling targets, and a commitment to reducing energy intensity. In its
commitment to fight climate change, the company also aims for a significant 25% GHG (Greenhouse
Gas) reduction in their Scope 1 and Scope 2 emissions.
“Over the past 50 years, sustainable innovation has been the core to Haycarb’s proposition, as we
focused on transforming a renewable raw material generated as a by-product from the coconut
industry into a sustainable, future-ready product portfolio.
“This is the very definition of a circular economy and represents one of the strongest
demonstrations of our ESG commitments in action. We congratulate the entire team on the launch
of ACTIVATE, and their efforts to make tenacious progress on their ESG impact,” Chairman of
Haycarb PLC and parent Company Hayleys PLC, Mohan Pandithage said.
ACTIVATE was launched at the Haycarb headquarters in Colombo, in the presence of
representatives from the Haycarb global family from its manufacturing facilities in Sri Lanka, Thailand
and Indonesia, and marketing offices in the USA, UK and Australia.
“The world seeks sustainable solutions, with ESG-led applications at the forefront of humanity’s
future. Haycarb caters to a global customer base, demanding greener alternatives actively pursuing

carbon neutrality goals. We have been on the frontiers of sustainable innovation, leveraging
homegrown research and development, with ESG at the core of our management philosophy. The
launch of ACTIVATE marks a significant milestone in our mission to sustainably harness activated
carbon to unlock value on a global scale. We believe that setting targets of this nature and extent
are just the beginning and should soon become the norm across all industries,” Haycarb PLC
Managing Director, Rajitha Kariyawasan said.
ACTIVATE stands as a strategic exemplar, aligning with globally recognized standards and
frameworks, showcasing Haycarb’s unwavering dedication to sustainability. With adherence to
esteemed guidelines like the Integrated Reporting (IR) Framework, Global Reporting Initiative (GRI)
Standards, Task Force on Climate-related Financial Disclosures (TCFD), and UN Sustainable
Development Goals (SDGs), ACTIVATE sets a formidable benchmark for responsible corporate
practices. Emphasizing transparency and accountability, this transformative initiative not only drives
positive impact for Haycarb but also shines as a beacon of inspiration, guiding companies across
diverse industries towards embracing more responsible ESG and sustainability practices.

About Haycarb PLC
Haycarb PLC is a leading global pioneer in the manufacture of high-value coconut shell activated
carbon in any coconut producing country, with manufacturing facilities in Sri Lanka, Thailand and
Indonesia, and supported by marketing offices in the USA, UK and Australia. The company
contributes net foreign exchange revenues, with a versatile array of highly specialised activated
carbon products for diverse applications including water and air purification, medicine, battery
technology, cosmetics, gold recovery, and more.
Photo Captions

Haycarb PLC Managing Director, Rajitha Kariyawasan (left) presenting the ACTIVATE
ESG framework to Chairman of Haycarb PLC and parent Company Hayleys PLC, Mohan Pandithage
(centre) in the presence of Haycarb Deputy Managing Director, Brahman Balaratnarajah


Chairman of Haycarb PLC and parent Company Hayleys PLC, Mohan Pandithage
greeting members of Haycarb’s global family at the launch event

Leave a Reply

Your email address will not be published. Required fields are marked *