Suwanda Industries (Pvt) Ltd., the Sri Lankan manufacturer of the world's largest incense stick brand, Cycle Pure Agarbaththi, and also the value addition arm of the world's largest exporter of incense and fragrance products, N. Ranga Rao & Sons (NRRS), became the first company in its industry in Sri Lanka to be awarded CarbonNeutral Certification.
A Joint venture between two long-standing CarbonNeutral status holders, NRRS and Eswaran Brothers Exports (Pvt) Ltd., Suwanda Industries' certification was awarded by The Sustainable Future Group (SFG), regional partner of the proprietor of the globally recognised CarbonNeutral Certification, Natural Capital Partners in the UK.
A comprehensive Greenhouse Gas (GHG) Assessment was conducted for Suwanda Industries by a specialized consultancy firm providing Integrated Sustainability Solutions in the Asian region, The Carbon Consulting Company (CCC), which included both direct and indirect emissions sources of the company's organisational operations.
The CCC Team presented several options for reducing Suwanda Industries' operational emissions, following which the results of the assessment were independently verified by SFG. The carbon offsetting process was carried out in accordance with The CarbonNeutral Protocol of Natural Capital Partners, ensuring its credibility and alignment to international standards.
The incense manufacturer then selected an internationally registered Carbon Credit generation project to support, in return for a matching amount of validated credits to offset their Carbon Footprint.