KARACHI - Collective efforts are required to encourage CSR in all segments of the economy.

“On behalf of Karachi Chamber of Commerce & Industry we assure best cooperation in this regard,” stated Muhammad Haroon Agar, President KCCI, while addressing 5th International CSR Summit here on Thursday.

He said KCCI being the largest chamber of Pakistan and the sub-continent attaches importance to CSR and best corporate practices. CSR can be simply defined as achieving commercial success in ways that honour ethical values and respect people, communities, and the natural environment.

It is satisfying to note that over the years, in Pakistan, the corporate sector has focused on responsible business practices highlighting sustainability, social and environmental issues.

He said the participants of this CSR Summit are here, because they already believe in the power of business to make a difference in the world which is also need of the hour.

In implementing CSR activities, it is important that you, as leaders in your respective corporations, do not view these activities purely from a quantity aspect but consider the quality aspects as well, he added.

He said businesses and corporations are part of society and depend not only on their stakeholders but also on society. It is important for business to give back to society.