Investing in Sustainable Development
Sustainable development lies at the heart of the way in which we do business. Over the years, through our extensive network of Corporate Social Responsibility (CSR) projects, we have made significant contributions to the socio-economic uplift of the areas in which we operate.
All exploration and production companies operating in Pakistan are obligated to deposit Social Investment funds with the relevant district government. This is a regulatory requirement and the budgets for obligatory Social Investment funds are tagged to production. We not only fulfill this legal obligation but go the extra mile by spending on CSR projects on a discretionary basis. Every year a sizeable budget is earmarked for our discretionary CSR initiatives.
We use these funds to strategically invest in projects that focus on communities’ needs. Our CSR initiatives focus on education, health, potable water and vocational training for sustainable income generation.
Our landmark projects, delivered over the years, include eleven schools built in partnership with the renowned Citizens Foundation (TCF). TCF schools impart quality education in impoverished areas.
We have also built a Mother and Child Research and Training Centre in Matiari, in partnership with the renowned Aga Khan University. This centre is the first of its kind in the province. In addition we partnered with the District Government of Sanghar to provide funding for the construction of additional facilities at two Government Girls Degree Colleges located in Tando Adam and Shahdadpur. We have also repaired and rehabilitated scores of government schools that were in a dilapidated condition.
Wherever possible we seek to hire from our local communities. We run the Operator Training programme to provide technical training for youth from our concessions areas. All applicants for the programme undergo a rigorous exam and interview process. Only the brightest are selected for the two year-long training schedule. Many young people recruited through this programme have gone on to assume senior positions at our company.
To contribute to the local economy, we encourage local businesses to be part of our supply chain. Over the years we have developed the expertise of several local contractors.
Through our business we make a positive contribution in the lives of our host communities and contribute to the nation’s progress.