Development Strategies

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development strategies

Corporate Social
Responsibility
Corporate Social Responsibility is a vital and withstanding element of FFC Business
Operations. The company takes pride in the fact that we stand as the pioneer of
sustainable and responsible business practices in Pakistan, as our first CSR
program i.e Capacity Building of Farmers (Agri Services) was launched in 1982.

On the onset, moving through the decades the company has diversified and
magnified its CSR portfolio, turning it into a crucial and centric part of business
strategy. With our commitment to sustainable business operations, responsible
business practices and fulfilling our obligation towards our community, FFC as
standard contributes 1% of our profit before tax to Corporate Social Responsibility
initiatives.

Being member of UN Global Compact in 2010, an Internationally recognized forum


holding credentials;  our mandate, vision and goal is aligned with international thrust
towards a sustainable and prosperous tomorrow, through business acting and
behaving ethically and responsibly. We hold commitment to implement and embed
the universal principles of human rights, labor standards, environmental protection,
anti-corruption etc defining the UN 17 Sustainable Development Goals as core to our
practices and interventions.

Our journey of challenges and rewarding years of collaborations, joint ventures,


partnerships with Government bodies, community representatives, local and
International NPO’s and other renowned institutions are all aimed at integrated
interest of all stakeholders involved.
 
Sona Welfare Foundation
Implementation partner of Fauji Fertilizer Company Limited

www.sonafoundation.org.pk
click on the logo or the link to view the web interface
Sona Welfare Foundation is the official implementing partner of FFC. Our fields of
intervention are diversified and extensive programs are conducted in liaison with our
partners. Our areas of intervention include but not limited to the following;

     ► Provision of education


     ► Development of health care facilities
     ► Environmental preservation
     ► Community support and uplift
     ► Disaster relief and rehabilitation
     ► Development of partnerships with reputable social organizations
     ► Promotion of sports in the Country
     ► Energy conservation
SDG Target  FFC
Interventi
on
SDG 1 End The
poverty in programs
all its including
forms Computer
everywher Institute,
e Industrial
Training
Centre,
  Vocational
Training
Centre etc
SDG 2 End FFC Agri
hunger, Service
achieve which is for
food capacity
security building of
and farmers for
improved high yield
nutrition and less
and input
promote resources
sustainabl is a prime
e action
agriculture towards
food
security
  Nationally
and
Internation
ally
SDG 3 Ensure Our fully
healthy functional
lives and two
promote medical
well-being centers
for all at all including
ages SWH and
HBT are
extending
  healthy
lives and
treatment
 
to the
underprivil
eged,
approximat
ely 80,000
people
annually.
Additionall
y, medical
support
program,
aid to
health
facilities
and
medical
camps are
all geared
for this
reason.
SDG 4 Ensure The
inclusive education
and program
equitable including
quality self-run
education schools,
and adopted/
promote assisted
lifelong schools,
learning scholarshi
opportuniti p
es for all programs
and
assistance
  to
academia
is working
for male
and female
students
by giving
opportuniti
es to over
15,000
students
SDG 5 Achieve The hiring
gender mechanis
equality m with
and non-
empower discriminati
all women on,
and girls vocational
training
center as
  well as
academic
support to
 
girl
students is
an effort in
this
direction.
SDG 6 Ensure For Water
availability and
and Sanitation,
sustainabl community
e programs
managem at Jhimpir,
ent of Goth
water and Machhi
sanitation and other
for all regions is
to ensure
access to
  clean
drinking
water for
underprivil
eged
localities in
addition to
sanitation
arrangeme
nts
SDG 7 Ensure Pioneering
access to the
affordable, concept of
reliable, Commerci
sustainabl al Wind
e and Energy in
modern Pakistan,
energy for the
all installation
of 1st Wind
Energy
  Farm by
FFC is a
new dawn
 
in
Pakistan’s
energy
sector.
Also,
solarizatio
n of 3
villages,
community
school and
colleges is
also
evident of
our stress
toward
green
energy.
SDG 8 Promote As one of
sustained, the best
inclusive employer,
and FFC
sustainabl guarantees
e equal
economic opportunity
growth, full to all
and irrespectiv
productive e of
employme gender
nt and and with
decent specific
work for all emphasis
on women
coming
forward
SDG 9 Build We believe
resilient in adopting
infrastruct and
ure, implementi
promote ng best
inclusive technology
and to make its
sustainabl operations
e and
industrializ environme
ation and ntal foot
foster prints as
innovation minimal.
The
indicators
  on
emission,
greenhous
e gases
and
efficient
use of
resources
by FFC are
accepted
and
recognized
globally
through
our
Sustainabil
ity Report
published
annually,
as per
global
standards
of
reporting.
SDG 10 Reduce As the best
inequality corporate
within and functioning
among organizatio
countries n in
Pakistan,
FFC is
  setting
standards
for other
companies
to follow as
a path to
success,
ensuring
that the
progress
comes to
the
struggling
economy
and
infrastructu
re of
Pakistan.
Similarly,
our
consortium
in
Tanzania
and
Morocco is
also in this
spirit.
SDG 11 Make Communit
cities and y welfare
human programs
settlement for the
s upgradatio
inclusive, n of
safe, underprivil
resilient eged and
and remote
sustainabl communiti
e es.
SDG 12 Ensure The
sustainabl indicators
e pertaining
consumpti to use of
on and mineral
production resources
patterns as input for
our
production
  of urea
(Sust
Report) is
evident of
this
strategy.
Similarly,
our wind
energy
farm has 0
carbon foot
prints with
the
distinction
of being
Pakistan’s
1st fully
operational
farm.
SDG 13 Take Apart from
urgent exemplary
action to trends for
combat internal
climate production
change and
and its efficient
impacts* use of
energy
resources,
  we have
promoted
the cause
 
of
environme
nt
including
plantation,
optimum
use of
chemicals,
pesticides,
water,
fertilizer,
solar
energy as
well as
conservati
on
program
such as
protection
to
endangere
d blind
dolphins at
Indus
River
SDG 14 Conserve Conservati
and on
sustainabl program in
y use the collaborati
oceans, on with
seas and WWF are
marine geared in
resources this
for direction.
sustainabl
e
developm
ent

SDG 15 Protect, Introductio


restore n of
and biodegrada
promote ble gunny
sustainabl bags. The
e use of Agri
terrestrial Services,
ecosystem reaching
s, up to 1.8
sustainabl million
y manage farmers
forests, through
combat capacity
desertificat building
ion, and etc.
halt and ensures
reverse that
land negative
degradatio footprints
n and halt on soil,
biodiversit water,
y loss plantations
and
environme
nt are
curtailed.
SDG 16 Promote WE
peaceful continually
and support
inclusive NGO’s
societies through
for funding
sustainabl which
e address a
developm wide range
ent, of social
provide issues and
access to also
justice for building
all and the
build institutional
effective, capacity of
accountabl NGO’s
e and
inclusive
institutions
at all
levels
SDG 17 Strengthe Promotion
n the of global
means of causes
implement including
ation and UNGC
revitalize principles,
the global MDG and
partnershi SDG
p for locally and
sustainabl internation
e ally is an
developm effort in
ent this
direction.
Also, being
  regular
donor to
Foundation
for Global
Compact
reaffirms
this
mission
and vision.

Fauji Fertilizer profit


drops 13.5% to Rs3.2
billion
October 21, 2017, 11:33 am 1743

KARACHI: Fauji Fertilizer Company (FFC) posted a net


consolidated profit of Rs3.2 billion in the quarter ended
September 2017, down 13.5% compared with Rs3.7 billion in
the same period of last year, according to a company notice
sent to the Pakistan Stock Exchange (PSX).
Earnings per share (EPS) stood at Rs2.53 in Jul-Sep 2017
compared with Rs2.94 in the corresponding period of last
year.

The KSE-100 index closed at 42,087, up 529 points or 1.27%


on Friday. Fauji Fertilizer share price closed at Rs82.32, up
1.27%.

Along with the result, the company declared a cash dividend


of Rs1.5 per share, taking nine-month pay-out to Rs4
compared to Rs5.15 last year. Sales grew 55% year-on-year
in third quarter of 2017 due to significant growth in Di-
ammonium Phosphate (DAP) off-take, which as per
provisional September 2017 figures stood near 250,000 tons,
up 15 times compared to last year. However, urea sales
declined 14%.
Margins contracted by four percentage points year-on-year to
21% due to lower urea prices and higher proportion of DAP
sales.

Administration and distribution expenses rose 42% year-on-


year to Rs2.6 billion likely due to aggressive incentives and
higher DAP sales (imported).

Finance cost went up by 8% year-on-year to Rs908 million


whereas other income declined 44% year-on-year to Rs1.4
billion.

During nine months of 2017, revenue of the company posted


an increase of 25% while gross margins declined by seven
percentage points to 21% due to a decline in urea prices. Key
risks for the company include decline in international urea
prices, slower-than-expected urea sales, and weaker-than-
expected local urea prices.

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