Karachi Electric Supply Company (KESC), the country's largest integrated power utility, on Sunday announced that it has secured a level "A" rating from the Global Reporting Initiative (GRI) for its Integrated Sustainability Report for the year 2012. This makes KESC the first organisation in Pakistan to achieve the level 'A' rating for an integrated report.
This rating also places KESC as one of the very few organisations globally that have been rated 'A' by GRI in the very first attempt.
In keeping with international best practice, KESC's 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. KESC is the first public utility in Pakistan to comply with GRI sustainability reporting standards G3.1. The award is recognition of KESC's commitment to embedding sustainability management into its business and adopting global best practice environmental, social and governance principles (ESG). This accreditation positions the utility as a leader in sustainability and social value creation.
Announcing the award, Tabish Gauhar, Chief Executive of KESC said, "We are very pleased to publish our first integrated sustainability report and receive an 'A' rating from a globally recognised institution. This report has provided depth and context to our performance and identified how a 360 degree approach to sustainable value creation is core to our operations."-PR
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