Best Corporate Report Award 2018
MPCL Annual Report 2018 has been awarded 1st Position in Fuel & Energy category. The Award was conferred by the Joint Committee of Institute of Chartered Accountants of Pakistan (ICAP) and Institute of Cost and Management Accountants of Pakistan (ICMAP) at the Best Corporate and Sustainability Report Awards held at Karachi on August 20, 2019.
The annual report entries from Pakistani listed companies were evaluated against a stringent criteria laid down by the Joint Committee of ICAP and ICMAP to determine the best reports.
The Criteria for Best Corporate Report Awards 2018 were changed at the very last moment and a number of new requirements were added. Therefore, it became quite challenging to meet the criteria due to scarcity of time. Nevertheless, MPCL Team took the challenge head on and managed to fulfill the new requirements, which proved decisive in clinching the 1st Position.
The Award recognises MPCL’s commitment to promoting corporate accountability and transparency through the publication of timely, informative, factual and reader friendly annual reports.