MPCL Annual Report 2016 wins SAFA Award
MPCL Annual Report 2016 has won overall joint 2nd Runner-up position in the category of “SAARC Anniversary Award for Corporate Governance” organized by South Asian Federation of Accountants (SAFA). The Award Ceremony was held in Kathmandu, Nepal on January 31, 2018. GM Finance and GM Corporate Affairs represented MPCL at the Awards ceremony.
The SAFA Awards were conferred on the basis of evaluation of the annual reports entries from South Asian countries. The evaluation was carried out by SAFA’s Committee for Improvement in Transparency, Accountability & Governance (ITAG).
This was for the first time in the history of MPCL that the Company’s Annual Report was nominated for SAFA Awards and managed to bag the coveted award out of seven SAARC countries for the Company’s Corporate Governance Disclosures.
It is highlighted that MPCL Annual Report 2016 was also declared winner of the Best Corporate Report Award (Fuel & Energy Sector) by the Joint Committee of ICAP-ICMAP.