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Global warming, major risk to plantation industry- Brito

2 posters

Go down  Message [Page 1 of 1]

thilankad

thilankad
Manager - Equity Analytics
Manager - Equity Analytics

Global warming and climate change will be a major risk that has to be addressed by the plantation industry, Chairman of Elpitiya Plantations PLC (ELPL), J.M.S. Brito outlines in the latest annual report of the company.

However, Brito pinpoints that ELPL had taken several steps to mitigate such effects. He says that consciousness and commitment to overcoming these effects must be addressed by all employees and stakeholders in the industry.

“Or else, all plantation crops in particular will be affected by its ill effects.” Brito notes adding that ELPL had also been in a position to develop five of our factories to obtain ISO 22000; underlying its commitment to quality, as well as customer commitment.

In this context, further the company has a continuous forestry management programme to improve the biodiversity in the plantations and enhance the value of the environment. Currently over 700 ha of commercial forest has been planted by the company.

According to Brito, despite the significant profits during the year, the contribution from the tea sector particularly the up country estates were far below expectations.


http://print.dailymirror.lk/business/127-local/54364-global-warming-major-risk-to-plantation-industry-brito.html

http://thilankadinush.blogspot.com/

rijayasooriya

rijayasooriya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Major solution for global warming is also plantation.

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