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 2019″ in the Large National Category, for the second year in a row.
The award was presented at the Business Sustainability Moot and 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, “it is a matter of great honour for Engro to win the UNGC award for second year in a row. The Company stands committed to upholding the UNGC principles and maximizing its social and economic impact for a more prosperous Pakistan”.
Congratulating Engro on this achievement, Fasihul Karim Siddiqi, Executive Director UN Global Compact Network Pakistan, stated that “Engro’s inclusive business model approach is well-aligned with UNGC principles of sustainable business practices. We hope other businesses seek inspiration from its innovative approach and truly embed
sustainability in their operations”.