Sri Lanka and ESG: A Case Study

Sri Lanka and ESG: A Case Study
A Sri Lankan farmer works in a paddy field on the outskirts of Colombo, Sri Lanka, on Jan. 9, 2016. Lakruwan Wanniarachchi/AFP via Getty Images
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Sri Lanka is now entrenched in an economic collapse and a humanitarian crisis, a little more than one year after the federal government adopted organic agriculture policies that adhered to the global environmental, social, and governance (ESG) trend.

This past summer, President Gotabaya Rajapaksa announced that he would be stepping down, after thousands of citizens stormed his presidential residence. Rajapaksa had been transferred to an undisclosed location, resulting in Parliament Speaker Mahinda Yapa Abeywardana confirming a “peaceful transition.”

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."
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