ESG Reporting for Sri Lankan Companies
We help organisations move from fragmented sustainability efforts to structured, compliant, and credible ESG communication — including full Annual Report writing.
Start Your ESG Readiness ProcessThe CSE mandate is already in effect
CA Sri Lanka and the CSE have published a phased implementation schedule. The window to prepare is narrowing — here is where the mandate stands today.
The 100 largest companies by market capitalisation on the CSE main board must comply with SLFRS S1 & S2 for annual periods beginning 1 January 2025.
Mandatory SLFRS S1 & S2 reporting extends to every entity listed on the CSE main board. The CSE ESG Index is also expected to launch this year.
All listed entities — except those on the Empower Board — must comply for annual periods beginning 1 January 2027.
Full implementation including listed SMEs and Empower Board companies. CA Sri Lanka's phased roadmap reaches completion.
Source: CA Sri Lanka implementation roadmap (January 2025) · CSE Listing Rules Section 7 circular (March 2025)
Many companies face the same problem
Sustainability work is happening across your organisation, but it isn't being captured, structured, or communicated in a way that meets SLFRS requirements or stakeholder expectations.
- Have sustainability initiatives but lack structured reporting
- Struggle with SLFRS S1 & S2 compliance requirements
- Cannot translate technical ESG data into clear narratives
- Need board-ready sustainability disclosures
SLFRS S1 & S2 at a Glance
General sustainability-related financial disclosures — governance, strategy, risk management, metrics & targets.
Climate-related risks and opportunities — physical and transition risks, scenario analysis, climate targets.
A structured 5-step process
Current State Assessment
Review existing governance structures, sustainability disclosures, and operational processes.
Gap Analysis
Map current practices against SLFRS S1 & S2 requirements to identify what's missing.
Data Readiness Review
Assess emissions data, sustainability metrics, and reporting infrastructure.
Implementation Roadmap
Define specific actions, timelines, and ownership across your organisation.
ESG Disclosure Writing
Key DifferentiatorFull drafting of Annual Report sustainability sections — from technical data to clear stakeholder-ready language.
Most firms stop at the gap analysis. FireCircle BY G goes further — writing the actual ESG disclosure and translating technical findings into clear, stakeholder-ready language.
Built for Sri Lankan organisations
Common questions about ESG reporting
What is SLFRS S1 and S2?
SLFRS S1 and S2 are Sri Lanka's mandatory sustainability disclosure standards aligned with global ESG reporting frameworks. SLFRS S1 covers general sustainability-related financial disclosures, while SLFRS S2 focuses specifically on climate-related risks and opportunities.
When is the CSE ESG compliance deadline for listed companies?
The deadline is phased. Top 100 CSE-listed companies (by market cap) must comply from January 2025. All main board listed entities must comply from January 2026. All CSE-listed entities except the Empower Board follow in 2027, with full market coverage by 2030. If your company is on the main board, the 2026 deadline applies to you now.
Who needs ESG reporting in Sri Lanka?
All entities listed on the Colombo Stock Exchange main board are mandated under the CSE's amended Listing Rules (Section 7, March 2025 circular). Unlisted companies preparing for future listings or responding to investor and stakeholder expectations also benefit from early adoption.
What does ESG reporting include?
ESG reporting covers governance structures, strategy alignment with sustainability goals, risk management processes, and metrics and targets related to environmental, social, and climate factors.
What is the CSE ESG Index and how does it affect listed companies?
The CSE plans to launch an ESG Index in 2026 to channel investment flows toward ESG-compliant companies. Inclusion signals credibility to institutional and foreign investors. Companies without structured disclosures risk being excluded from the index and from ESG-focused investment mandates.
How long does the ESG reporting process take?
The timeline varies based on your organisation's current state of readiness. A full engagement — from assessment through to disclosure writing — typically takes 8–16 weeks. FireCircle BY G provides a clear roadmap at the outset.
What makes FireCircle BY G different from other ESG consultants?
Most firms stop at the gap analysis and hand you a report. FireCircle BY G carries the work through to execution — writing the actual ESG disclosure sections and translating technical findings into stakeholder-ready language your board and investors can use.
Ready to start your ESG readiness process?
Book a call and we'll assess where you stand against SLFRS S1 & S2 requirements and outline the path forward.
Start your ESG readiness process today