Citi Pakistan is humbled to be awarded by the United Nations Global Compact Pakistan Network for our 'Best Practices in Corporate Social Responsibility (CSR).' The United Nations Global Compact is a strategic policy initiative for businesses that are committed to aligning their operations and strategies with 10 universally accepted principles in the areas of human rights, labor, environment and anti-corruption. This recognition comes on the heels of three other recent global CSR awards that Citi Pakistan has won during 2011 and 2012 for our pioneering work in the microfinance and education spheres in Pakistan.
Responsible Finance is a key operating principle at Citi, and contributing to measurable, sustainable community programs is a core part of Citi's strategy, both globally and in country. Citi Pakistan's social governance roadmap is two-pronged: it incorporates financial investment from the Citi Foundation (Citi's philanthropic arm), coupled with on-the-ground volunteer efforts. From entrepreneurship to financial capability and asset-building to disaster relief, to vocational training and post-secondary education, with a particular focus on women and youth, Citi Pakistan has always aimed to create strong social networks and meaningful partnerships in order to impact sustainable development in the country.
We hope to continue supporting the communities where we live and operate and to continue providing best practices in CSR for other market participants to follow.