ACCA Pakistan and WWF Hold Environmental Reporting Awards

Islamabad (22 April 2009): The 7th Pakistan Environmental Reporting Awards (PERA) ceremony was held on Earth Day at the Serena Hotel Islamabad to award the winners of ACCA-WWF Pakistan Environmental Reporting Awards 2008.

Endorsed by the Ministry of Environment and IUCN Pakistan, the ACCA-WWF Pakistan Environmental Reporting Awards were launched in 2002 to recognise and reward companies that report corporate environmental, social and sustainability performance to a broad range of stakeholders.

A total of 44 entries were received for ACCA-WWF Pakistan Environmental Reporting Awards 2007-2008. The winners for 2008 were Attock Refinery Ltd. for Best Sustainability Report 2008; Pak Electron Ltd. for Best Environmental Report 2008 in the Local Listed Company Category; Hinopak Motors Ltd. for Best Environmental Report 2008 in the Multinational Category. Qarshi Industries Pvt. Ltd. was awarded commendation for showing their commitment and consistency to transparency in reporting.

The Chief Guest at the event, Mr Kamran Lashari, Federal Secretary Environment presented trophies to the winners . Speaking at the ceremony, Mr Lashari lauded the hard work of all the companies who participated in the Awards Scheme. He acknowledged the awards stating, “The government of Pakistan is very much supportive of private sector initiatives like the ACCA-WWF Pakistan Environmental Reporting Awards and is willing to work with ACCA and WWF to encourage greater buy in of the business community”.

The evening commenced with welcome remarks by Dr Afra Sajjad, Head of Education Planning and Development, ACCA Pakistan who thanked the Ministry of Environment for their continued endorsement of Pakistan Environmental Reporting Awards and appreciated the fact that these awards form part of the National Year of Environment Activities of the Ministry of Environment. She said that, “ACCA is heartened by the achievement of our award winners, and it is fantastic to see how many organisations, large and small, recognise the importance of sustainability and environmental reporting”.

Mr Hammad Naqi Khan, Director, Freshwater and Toxics Programme WWF Pakistan, gave an overview of the awards signifying the growing awareness of Corporate Social Responsibility amongst corporations. He said that  the awards ensure that companies target improvements in the quality of information disclosed during the reporting process. Hence the awards help businesses streamline sustainable practices and development.

Also present on the occasion was Mr Ali Hassan Habib, Director General WWF Pakistan who in his closing remarks stated, “PERA has come a long way in increasing environmental awareness in the corporate sector and even after 7 years of presenting the awards, promoting sustainability will continue to be a key ACCA and WWF commitment”.

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