Global Compact Business Sustainability Award 2022: IMC bags first prize in ‘Multinational Enterprises’ category

KARACHI: The Indus Motor Company (IMC) was declared the winner of the Global Compact Business Sustainability Award 2022 in the Multinational Enterprises category at a ceremony hosted by the UN Global Compact Network Pakistan (UN GCNP) at Karachi.

The award was presented at the SDGs Pakistan Summit 2023 by Jonas Erlandsen, Senior Lead South Asia, Maritime Anti-Corruption Network, to IMC’s Asad Abdullah, Head of Corporate Communication & CSR and Member of Board UN GCNP.

The company has been a recipient of this award for eight years running for its vision, commitment and stellar contributions towards social responsibility that include education, adult and child health, nutrition, the welfare of the differently-abled, promotion of sports, environmental conservation, and road safety.

A total of 21 companies competed in three award categories - Multinational Companies, Large National Companies and National Companies - nine of which won the first, second and third places in each category.

Chief Executive IMC, Ali Asghar Jamali, expressing himself said, “We are really honored and I would like to thank the GCNP and the independent Jury for this recognition and acknowledgment of the work we do. It is a definite feel-good moment. In today’s modern times, the realization and need for building a sustainable world is more imminent than ever.

Efforts need acceleration on the 2030 agenda which is just seven years away. A lot needs to be done, especially here in Pakistan and corporates have a critical role to play in stepping up their game.”

He added: “As a signatory to the United Nations Global Compact, sustainability remains one of our top concerns and IMC’s activities, contributions and impacts are aligned to create a better, smarter and more sustainable future for Pakistan and the world. Under Toyota’s transformational vision “Move Your World”, we endeavor to do our part in building a society that’s inclusive; promising to leave no one behind.”

As a signatory to the United Nations Global Compact, IMC is aligned with the Global Goals and the Ten Principles. The Toyota Environmental Challenge 2050, a set of six visionary challenges, seeks to go beyond eliminating negative environmental impacts to creating net positive impacts on the planet and society. Last year, Indus Motor announced a US$100 million investment to produce the first Made in Pakistan, Toyota Corolla Cross Hybrid.

Copyright Business Recorder, 2023