Published Paper Details:

The objective of this study is to get to an idea and estimation about the implementation of sus-tainability certification standards projects on the financial presentation of tea factories located in Galle region Sri Lanka. The key focus of implementation of the Sustainable Standards schemes are the improvement of the economic, social and business performance of the industry that they are implemented. The study was done through an evaluation of financial status of tea factories operated under Sri Lanka Tea Board in Galle region, Sri Lanka where the sustainability certifica-tion has been seen at different scopes. The effects of these implementation of standards were measured through the assessment the following specific financial performance indicators: Re-turn on Assets (ROA), Return on Equity (ROE), Return on Sales (ROS), Return on Investment (ROI), Profits and sales performances. The research consists of both qualitative and quantitative methods which are focused on ensuring that an adequate number of figures were collected to conduct the analysis. The study methodology embraced for this research is a descriptive analy-sis among 50 sustainable certified tea factories in Galle region. Statistics collection was both primary (Questionnaire, Interviews, key figures) and some secondary data (company data on financial performance indicators) collection methods. Data was statistically analyzed using SPSS statistical tools version 23 for the quantitative data (Pearson Chi-Square test, Correlation and regression) and analyzed qualitative data using Microsoft excel.