Maple Leaf wins 'Best Corporate Report' award

Maple Leaf wins 'Best Corporate Report' award
Published: 25 September 2014

Tagged Under: Pakistan Maple Leaf Cement 

Maple Leaf Cement Factory Limited was declared the overall winner at the 13th Best Corporate and Sustainability Report (BCSR) Awards hosted by The Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP).

ICAP President, Yacoob Suttar, said corporate reporting has an important role to play in building trust with the stakeholders and the awards recognise excellence in corporate and sustainability reporting.

Zia ul Mustafa, President and CE of ICMA Pakistan, said that the Best Corporate and Sustainability Report Awards have become a symbol of pride and honour for the corporate sector. Since its inception, the BCSR Award has created healthy competition between companies in various sectors for maximum disclosures. Mustafa lauded the efforts of both the institutes for giving importance to Sustainability Reporting by initiating the Best Sustainability Report Awards.

Maple Leaf Cement Factory was awarded the accolade for Best Corporate Report Award by the joint committee. The Maple Leaf Group comprises of Kohinoor Textile Mills Ltd and Maple Leaf Cement Factory Ltd with both divisions winning first place under their respective textile and cement and sugar sectors. Management state that the group companies have promoted accountability and transparency through provision of accurate, informative, factual and reader friendly annual reports on timely basis.