LCCI president says there’s need to adopt environmentally friendly business models
LAHORE: President of the Lahore Chamber of Commerce and Industry Faheem ur Rehman Saigol, said that business is not only about earning profits but also about what we leave behind for society and future generations. He stated that countries around the world are rapidly promoting green practices, and Pakistan’s industry and business sector must also adopt environmentally friendly business models.
He was addressing the seminar titled “Building Green Corporate Culture for Business Growth” held at the Lahore Chamber of Commerce and Industry. LCCI Vice President Khurram Lodhi, former Senior Vice President Ali Hussam Asghar, former Vice President Haris Ateeq, and Executive Committee Member Hafiz Sajjad were also present on the occasion.
The seminar was also addressed by Convener Standing Committee on Corporate Relations Malik Amer Salam, CEO AESP Zahid S Malik, GM Corporate Sustainability, Interloop, Fauz ul Azeem, National Engineering Manager Coca-Cola Muhammad Asif, and LUMS faculty member Muhammad Awais.
Faheem ur Rehman Saigol said that promoting industry and business alongside green culture has now become essential. He emphasised that businesses must move forward under the principles of green management. He added that renewable energy projects can be launched using millions of tons of waste, while value addition and recycling can not only improve the environment but also create new economic opportunities.
Zahid S Malik said that compared to the pre-industrial era, the balance between carbon and oxygen in the world has changed significantly, mainly due to human activities over centuries. Referring to the World Bank, he said that around 40 million people worldwide suffer from respiratory diseases, highlighting the need to leave behind a clean and green environment along with economic prosperity for future generations.
Muhammad Asif stated that every stage of manufacturing processes and supply chains must be understood, as each human activity contributes to the carbon footprint. He noted that countries around the world are adopting clear strategies to reduce carbon emissions, while trees and natural ecosystems play a vital role in maintaining carbon balance. He stressed that industries must regularly assess the environmental impact of their operations.
Fauz ul Azeem said that understanding the carbon emissions of products has become increasingly important globally. Referring to the Carbon Border Adjustment Mechanism, he explained that future product competitiveness will depend on how low their carbon emissions are during production. He added that Pakistan’s biggest challenge is the lack of reliable data and effective mechanisms needed to accurately measure carbon emissions.
Muhammad Awais said that climate change is not only an environmental issue but also directly affects the economy, health, and human life. He warned that Pakistan is among the countries most vulnerable to climate change, making immediate action necessary. He added that decisions made today will impact decades ahead, therefore businesses and society must work together to take practical and positive steps.
Copyright Business Recorder, 2026