Corporate social responsibility voluntary guidelines 2013
In order to promote responsible business conduct that supports community growth for public interest, eliminates adverse practices impacting the public sphere and ensures corporate accountability, the Securities and Exchange Commission of Pakistan is pleased to issue the Guidelines for Corporate Social Responsibility. These Guidelines are voluntary in nature and businesses are encouraged to move beyond the recommended minimum provisions articulated in this document. The Guidelines are being published for all companies that have initiated or intend to initiate corporate social responsibility (CSR) activities. Further, it is expected that all companies may endeavor to adopt working models that complement the recommended guidelines with a focus on fair, transparent and responsible business practices. For the purpose of facilitation, companies are encouraged to use (self-assessment) CSR governance benchmark and terms of reference of CSR committee, annexed to the guidelines. The Guidelines are being issued in exercise of powers under section 506B of the Companies Ordinance, 1984.