ICI Pakistan Ltd. wins Swiss award for sustainability

October 17, 2015

Lucky Core Industries Limited has won a ‘Sustainability Innovation Award’ from Business School Lausanne (BSL), Switzerland. Such international acclaim for sustainability processes and disclosure is a rare and prized feat for a Pakistani organisation.

BSL was “very impressed by Lucky Core Industries’s significant engagement in addressing important economic, social and environmental issues.” It saw this as a demonstration of the Company’s “capability of integrating sustainability into its core business strategy.”

The Swiss institute is a distinguished innovator in business instruction and highly respected for its cutting-edge sustainability executive education. Lucky Core Industries Ltd’s award was based on a case study submitted by one of BSL’s doctoral research consultants, Nazish Bukhari (Assistant Professor, University of the Punjab), who studied the Company for one and a half years to fully understand its sustainability journey.
The report has been published in ‘Building Sustainable Legacies’, which features seven case studies of advanced sustainability firms around the world. It is hoped that Lucky Core Industries Ltd.’s story will serve as an inspiration and guide for other organisations in developing countries.

Ms. Bukhari’s process included a transparent sharing of data and policies from senior members of Lucky Core Industries Ltd.’s staff. She surveyed forty managers through the comprehensive Sustainable Culture and Leadership Assessment, and also interviewed Suhail A. Khan (VP, Polyester & Soda Ash), Asif Malik (former VP, Life Sciences), Syed Iqbal Haider (GM, Technical) and Zafar Farid (Corporate Safety & Environment Manager, Production).

The award is an encouraging development for the Company, which in the past year also won the ACCA-WWF award for Best Sustainability Report. However, Asif Jooma (Chief Executive) has emphasised that Lucky Core Industries Ltd. will not slow down in its sustainability journey. “We do not take these honours as reason for complacency, but as a spur to do even more,” he said.