Skip to main content

ACCA Pakistan, SEED Ventures, InfraZamin Pakistan and CFA Society Pakistan partner to advocate ESG and its growing importance

    

ACCA and SEED Ventures (Pvt.) Limited, in collaboration with InfraZamin Pakistan and CFA Society Pakistan, organised an event titled ‘ESG (Environmental, Social and Governance): Business Integration, Public Trust & Brand Reputation’ on 30th November 2021 at Acton House Gardens, British Deputy High Commission, Karachi.

The event captured diverse insights from seasoned business leaders (national and MNCs) representing capital markets, corporate governance, banking and financial services; who stressed on the importance of ESG awareness, its mainstreaming - as well as leveraging it to enhance public trust.

Dr. Shamshad Akhtar, Chairperson, Pakistan Stock Exchange, was the Guest of Honour at the event. She shared her vision for adoption of ESG in Pakistan - with particular reference to ESG as a key driver for enhancing investor confidence including foreign direct investment.

Mike Nathavrianakis, British Deputy High Commissioner, shared his perspective on why ESG is important for Pakistan and congratulated ACCA, SEED Ventures, InfraZamin Pakistan and CFA Society Pakistan for leading the ESG conversation.

A high-octane panel discussion, comprising high-profile speakers, recommended - integration of ESG at board level, banking sector’s strategy and future-plan for socially responsible lending and finance; how ESG is imperative for a fairer and more transparent reporting of information for stakeholders’ decision making, including facilitation of project and infrastructure financing decisions; how growing information availability is empowering millennials and Gen-Z, who comprehend ESG as a key pillar for future sustainability; and finally, how ESG index driven capital markets promote sustainable investments. The panel consisted of Ahsan Jamil, CEO, Pakistan Institute of Corporate Governance, Amir Paracha, Chairman and CEO, Unilever Pakistan, Farrukh H. Khan, CEO and Managing Director, Pakistan Stock Exchange, Maheen Rahman, CEO, InfraZamin Pakistan and Shazad Dada, President and CEO, UBL; and was moderated by Shaista Ayesha, CEO, SEED Ventures. 

At the event, ACCA signed MOUs with SEED Ventures and InfraZamin Pakistan to formalise partnership and commitment to ESG related agendas.

Sajeed Aslam, Head of ACCA Pakistan said: ‘We have come to know the great work of SEED Ventures and InfraZamin Pakistan through recent collaboration. Our MOU formalises our working relationship with the aim of helping our members, students and other stakeholders better understand the sustainability agenda and associated governance, compliance and  risk matters.

Shaista Ayesha, CEO Seed Ventures, added: ‘The accountancy profession has a key role to play in understanding, monitoring and acting on non-financial risks such as climate change and and we are together committed to enhance ESG’s growing importance for sustainable businesses.

InfraZamin Pakistan’s CEO, Maheen Rahman, expressed confidence that the MOU with ACCA will strengthen awareness on adoption of ESG practices to improve infrastructure financing decisions as well as educating organisations about climate and nature related action.

Comments

Post a Comment

Popular posts from this blog

Peshawar Zalmi Releases "Zalmi Raalal" Official Anthem Powered by TCL

             TCL, Pakistan's No.1 LED TV Brand, in collaboration with Peshawar Zalmi, has released their most awaited anthem for PSL 8, " Zalmi Raalal ". Directed by the maestro Hassan Dawar himself, "Zalmi Raalal" is a star-studded, power-packed amalgamation of music, fashion, and sports, the three foremost passion points of Peshawar Zalmi. Produced by Naughty Boy, who has worked in the global music industry with the likes of Beyoncé, Wiz Khalifa, and Sam Smith, the music video features cricket's biggest superstars Darren Sammy and Babar Azam, as well as Pakistan's biggest celebrities Mahira Khan and Hamza Ali Abbasi. Peshawar Zalmi's official anthem for 2023, "Zalmi Raalal", is an ode to passion, a story entailing the beauty and power of the KP region and its people. The anthem has crossed one million views on all online platforms since its release, and the number is increasing fast.   The star-studded and narrative-centric anthem feature...
Post a Comment
Read more

Alibaba.com Hosts First Lahore Seller Summit

            Alibaba.com, a leading platform for global business-to-business (B2B) trade, today hosted its first seller summit in Lahore to highlight export opportunities available to local businesses in the e-commerce space. Titled “Go Export with Alibaba.com”, the event brought together existing and potential exporters in Lahore to offer tips and advice on how to start and grow an online export business. It is the first event of its type held by Alibaba.com in Lahore, signifying the platform’s enhanced efforts to support suppliers in the region and increase the city’s visibility as an online supplier base. Various experts in the export and e-commerce fields took part as speakers in the event, including   Mr Sheharyar Tahir , Head of External Relations of SMEDA, and  Mr Mian Rehman Aziz , Senior Vice President of Lahore Chamber of Commerce & Industries, who shed light on government support and infrastructure available to assist exporters ...
Post a Comment
Read more

A Look Back on the Spectacular Lineup of realme’s 828 Fan Fest Activities

             realme, as the most prominent brand of Gen Z, had a remarkable month of August, in which it held a plethora of activities for its fans and in return received an overwhelmingly good response for the brand. The purpose behind such activities was to inform the core values of realme and to provide the fans with a better insight into the defining spirit of realme which is to Dare to Leap, be adventurous, and break ground where others have not tread before. Moreover, through these events, it has ensured how it is different from its competitors. Fans are the backbone of any good brand as they are the ones who provide consistent support to the brand’s new endeavors. It is for this reason that it is very important for brands to cultivate a strong fan community much like realme does. The end goal for realme with all of its 828 Fan Fest celebrations was to bring something unique and exciting for the fans and through such activities develop a deeper s...
Post a Comment
Read more