ACCA, CERB & PICG draw plans to address challenges

Roundtable panellists discuss how to move forward to have more positive social impact

Our Correspondent August 25, 2020

A new “plan of action” is in the making following a high-powered virtual roundtable to address the critical challenges facing members of the Association of Chartered Certified Accountants (ACCA) in Pakistan, Pakistan Business Council’s Centre of Excellence in Responsible Business (CERB) and Pakistan Institute of Corporate Governance (PICG).

A broad range of panellists from NGOs, corporates as well as the international investment community engaged in discussion about how to move the country forward in reducing plastic waste, lowering carbon emissions, making a more positive social impact and trusting businesses as stewards. The dialogue led to a formal plan of action letter to the policymakers in Pakistan.

“We are being forced to accept the impact of megatrends facing Pakistan, like climate change, water scarcity and emissions. If we are going to achieve a greener, more inclusive and prosperous Pakistan, then the current set of leaders who are navigating us must do things very differently to what they have done in the past,” said Pakistan Institute of Corporate Governance CEO Ahsan Jamil.

Pakistan Business Council CEO Ehsan Malik explained how there was a steep learning curve before Covid-19 and that the crisis had accelerated the need for greater awareness.

“We are at a stage now where we need more collaboration, clarity and formality. Some companies are working towards sustainability within their own industry, but businesses need more guidance and education about how to impact Pakistan’s community and economy.”

Published in The Express Tribune, August 25th, 2020.

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