Karachi: In recognition of promoting UNGC Principles and Sustainable Development Goals, Engro Corporation has won the first prize for “Living the UN Global Compact Business Sustainability Award 2020″ in the Large National Category, for the third year in a row.
The award was presented at the Living the Global Compact Best Practices Sustainability Award ceremony, organized by Global Compact Network Pakistan.
The Award signifies Engro’s continued commitment towards UNGC principles in the areas of governance, human rights, labour rights, environment, and anti-corruption. Through its CSR arm of Engro Foundation, the Company has adopted an inclusive business model approach that targets low-income communities where its businesses are based. This approach enables underprivileged members of the society to emerge as potential business partners and become vendors, customers and employees in Engro’s business value chains. Further, Engro Foundation’s strategic community investments are focused on the provision of quality education, health and livelihoods to underprivileged communities across Pakistan.
Sharing his thoughts on receiving the Award, Favad Soomro – Head of Engro Foundation, said that, “we are humbled to be recognized with the UNGC Sustainability award for the third consecutive year, which is a testament to our commitment of upholding the UNGC principles. In the post-COVID world, we pledge more than ever to create a long-lasting socio-economic impact in the communities with our inclusive business model approach”.