Sustainability report: KESC gets ‘A’ rating
KESC is the first organisation in Pakistan to achieve the level A rating for an integrated report, says Gauhar.
KARACHI:
The Karachi Electric Supply Company (KESC) has secured an ‘A’ rating from the Global Reporting Initiative (GRI) for its integrated sustainability report for 2012. “This makes KESC the first organisation in Pakistan to achieve the level A rating for an integrated report. This rating also places KESC among the very few organisations globally that have been rated A by GRI in the very first attempt,” says a press release. KESC says its integrated sustainability report provides depth and context to the group’s performance and identifies how sustainability is central to the utility’s culture and business. Announcing the award, KESC Chief Executive Tabish Gauhar said, “We are very pleased to publish our first integrated sustainability report and receive an A rating from a globally recognised institution.” One of the key areas of focus for the company has been to reduce line losses. The figure was at a staggering 39% when the current management took over and has now been brought down to 29%.
Published in The Express Tribune, November 13th, 2012.
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