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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
Profits Before People: 7 of the World’s Most Irresponsible Companies EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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2 posters

    Profits Before People: 7 of the World’s Most Irresponsible Companies

    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


    Posts : 9679
    Join date : 2014-02-23
    Age : 66
    Location : රජ්ගම

    Profits Before People: 7 of the World’s Most Irresponsible Companies Empty Profits Before People: 7 of the World’s Most Irresponsible Companies

    Post by කිත්සිරි ද සිල්වා Fri Jun 19, 2015 4:43 pm

    Profits Before People: 7 of the World’s Most Irresponsible Companies

    Money isn’t everything – or is it?

    To most corporations, making a profit is goal number one – but some of those companies take it way too far, sacrificing the health of the planet and its inhabitants for a bigger bank balance.

    Far too many corporations turn a blind eye to the consequences of their destructive, exploitative practices.

    The worst of them are committing atrocities that go beyond the realm of objectionable into criminal, dumping toxic chemicals without regard to public health and employing child labor.


    Read more

    Interesting !


    _________________
    I am the wisest man alive, for I know one thing, and that is that I know nothing.
    Socrates
    Hybrid
    Hybrid


    Posts : 745
    Join date : 2015-02-03
    Location : Colombo

    Profits Before People: 7 of the World’s Most Irresponsible Companies Empty Re: Profits Before People: 7 of the World’s Most Irresponsible Companies

    Post by Hybrid Fri Jun 19, 2015 8:50 pm

    Yes! This is something that has to stop.

    Good governance includes social responsibility. But NOT limited to the CSR projects done for their Annual Report purposes or PR.

    Many companies do a lot of good and market it to show how good they are. That's an Eye wash and I am against that. good is done and then advertised to the world.

    Do good bUt let it be on principle and not for the sake of PR.

    Companies should treat their own employees well, pay them according to their work performed, comply with the UN ILO regulations and local labour statutes. 

    Social obligations and employee benefits should be for all employees irrespective of the category.

    Safety and working environment should be conducive to the health of the employees. 

    Outsourcing of indirect work and services should be closely reviewed to ensure all workers are treated equally. 

    Gender balance and equality of work should be regularised.

    Waste management and environmental standards to be respected and complied with......

    The list goes on and on.....

    What has SRI Lanka done in this regard?
    Your guess is good as mine.

    All companies should be inspected for compliance with statutory regulations in full starting with the Government.

    The government should set the example and treat their employees well and not outsource certain work for avoidance of social benefits, EPF, ETF, Bonuses, Pension, Gratuvity and leave.
    Hybrid
    Hybrid


    Posts : 745
    Join date : 2015-02-03
    Location : Colombo

    Profits Before People: 7 of the World’s Most Irresponsible Companies Empty Re: Profits Before People: 7 of the World’s Most Irresponsible Companies

    Post by Hybrid Fri Jun 19, 2015 9:05 pm

    As a matter of fact, those who have estates send pluckers up trees without the safety equipment. Try to solve that one !


    Also, stop sale of dangerous tobacco, try that one also.

    Stop all employers from demanding that the workers to work 10-12 hours a day!

    Have a CMC or MC collect the garbage regularly and systematically!

    This is just a GIGANTIC task and even US and UK are battling it out.

    The Maldives is full of dirt.
    Just go around the city roads in the Maldives and it is plain that all the dirt is dumped in the sea and some unhabitated Islands.

    The governments build roads and do not build drains and sewage systems to go with it. people build houses and send their waste water to the roads.
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


    Posts : 9679
    Join date : 2014-02-23
    Age : 66
    Location : රජ්ගම

    Profits Before People: 7 of the World’s Most Irresponsible Companies Empty Re: Profits Before People: 7 of the World’s Most Irresponsible Companies

    Post by කිත්සිරි ද සිල්වා Fri Jun 19, 2015 10:51 pm

    Yes, I agree without any contest.

    Once I raised an issue in another forum related to Safety culture in Sri Lanka and someone calling himself a HSE expert was trying to ridicule my concerns by asking what my credentials were to raise those issue.

    That is the sad state of affairs in the country.


    _________________
    I am the wisest man alive, for I know one thing, and that is that I know nothing.
    Socrates

      Current date/time is Sat Jul 27, 2024 2:39 pm