On 7th January 2019, United Nations Global Compact Network, Pakistan organized “Living the Global Compact Business Sustainability Awards 2018” to acknowledge organizations demonstrating the UNGC Principles and SDGs in action through Best Practices, not just a specific CSR project or program. Reputable Pakistani Companies and institutions are signatories to the United Nations Global Compact and have committed themselves to adopting its universal Ten Principles.
PARCO, an active member of the UN Global Compact (UNGC), has been awarded the UN Global Compact Best Practices Sustainability Award 2018 for the fifth consecutive time. The Award nominees underwent a rigorous and documented process of successive stages of short listing by multi-disciplinary local and foreign experts, who assessed the performance of companies in each of the four areas of the UN Global Compact, namely Human Rights, Environment, Labor and Transparency.
The UN Global Compact Award not only acknowledges PARCO’s commitment towards strategic and sustainable CSR, but also appreciates its efforts in reporting globally the practical implementation of SDGs through its various CSR projects. On this prestigious occasion, Saba Ahmed, Senior Management Executive, Corporate Communications, received the Award from the Chief Guest, H.E. G.L Gnanatheva, The Consul General of Sri Lanka.
The Jury appreciated PARCO’s efforts in making important and substantial investments in Society, especially the initiatives pertaining to Community Engagement, Women Empowerment and Employee Care.