Teejay Lanka PLC has committed financial backing to support the reforestation of a significant nine-kilometer stretch along the banks of Maskeli Oya, a crucial upstream tributary of Sri Lanka's renowned Kelani River. Nestled amidst the foothills of the Peak Wilderness Sanctuary, this initiative aligns seamlessly with the company's sustainability roadmap, aiming to bolster water quality, mitigate human-wildlife conflicts, and combat climate change effects. Spearheaded in the Maskeliya Upcot Valley, courtesy of land allocated by Hayleys Group's Horana Plantations PLC, this endeavor is orchestrated by Preserving Land and Nature (Guarantee) Limited (PLANT), an entity established by Sri Lanka's esteemed Wildlife and Nature Protection Society (WNPS).

Under a Memorandum of Understanding (MoU) inked between Teejay and PLANT, the restoration initiative envisions the revival of forest cover along 30-50 feet wide continuous strips on both sides of the watercourse. This collaborative effort spans five segments, culminating in a nine-kilometer forest corridor, with Teejay financing one of these segments. Pubudu De Silva, CEO of Teejay Lanka, lauded the project as a pivotal component of the company's 'Abhivarah 2030' sustainability agenda, poised to yield significant carbon credits while rejuvenating the country's scenic natural landscapes.

At the MoU signing ceremony, PLANT Chairman Sriyan de Silva Wijeyeratne hailed Teejay's steadfast commitment to nature preservation, commending the company for its pioneering initiatives. The envisioned forest corridor, meticulously curated by PLANT, will showcase a diverse array of tree species, including Tel-keena (Calophyllum walker), Kudu dawula or dawul Kurundu (Neolitsea cassia), Gal-Weralu (Elaeocarpussubvillosus), and Kenda (Macaranga sp.), fostering biodiversity, curbing soil erosion, and mitigating flooding risks within the region. This collaborative endeavor underscores Teejay's dedication to environmental stewardship and sets a commendable precedent for corporate conservation efforts.

Established with a clear vision, PLANT endeavors to secure privately-owned lands, either through outright acquisition or long-term leases, dedicated to conservation efforts. Simultaneously, the organization seeks to mobilize funds to support conservation initiatives, leveraging partnerships and existing land holdings. Teejay's ambitious 'Abhivarah 2030' roadmap is aligned with these conservation objectives, setting forth a commitment to plant one million trees and attain net zero carbon emissions across its operations by 2050. This strategic alliance underscores Teejay's dedication to environmental sustainability and underscores its proactive role in combating climate change while preserving natural ecosystems for future generations.

In conclusion, the collaboration between PLANT and Teejay exemplifies a proactive approach towards conservation and sustainability. By securing lands for conservation purposes and leveraging partnerships, PLANT aims to bolster efforts in preserving natural habitats. Teejay's commitment to its 'Abhivarah 2030' roadmap, with its ambitious tree planting goals and net zero carbon emissions target, demonstrates a steadfast dedication to environmental stewardship. Together, these initiatives underscore the importance of corporate responsibility in safeguarding our planet's ecosystems for the benefit of present and future generations.