Environmental, Social, and Governance

PKIC is committed to integrating sustainability into all aspects of its operations to create long-term value for both internal and external stakeholders. It actively manages its environmental footprint by reducing paper usage, improving energy efficiency, minimizing waste, and promoting responsible resource consumption throughout its value chain. The company has aligned its Corporate Social Responsibility (CSR) initiatives with the UN Sustainable Development Goals (SDGs). Furthermore, PKIC has embedded Diversity, Equity and Inclusion (DE&I) and anti-harassment practices within its policy framework. Upholding the highest standards of ethics, transparency, and accountability remains central to our business conduct, reinforcing our dedication to sustainable and responsible growth.

Sustainability is the overall outcome of ESG Performance. ESG encompassing Environmental, Social, and Governance components supports the long-term sustainability of PKIC by promoting responsible business practices and guide its strategic decision making.

Key Sustainability Sectors

Social Sustainability:

As a policy, the Company has embedded Diversity, Equity, and Inclusion (DE&I) principles into its culture and policy framework. PKIC has adopted inclusive recruitment, promotion, and talent management practices to position itself as an employer of choice. The company has implemented Code of Ethics & Business practices/Social harassment that guides responsible behavior at all organizational levels. Furthermore, Company upholds grievance, whistleblowing, and anti-harassment mechanisms to identify and address any instances of discrimination or inequity, reinforcing its commitment to social equity and inclusion.

Diversity & Inclusion
Anti Harassment
Alignment of CSR with SDGS
Training & Development
Sports & Recreation

Governance Sustainability

PKIC has employed robust corporate governance and ethical practices. These practices include BOD and subcommittees oversight with clearly defined roles. Dedicated Management level committee is also in place to oversee the implementation of ESG framework. Training has been conducted for BOD and Senior Management on ESG matters.

Very High Level of Corporate Governance - CGR 9++

VIS Credit Rating Company Limited has reaffirmed PKIC’s Corporate Governance Rating at ‘CGR 9++’, indicating a very high level of corporate governance. This rating showcases our dedication to transparency, accountability, and fair play, driven by our Board of Directors and executive management.

Pakistan Credit Rating Agency (PACRA)

PACRA has affirmed PKIC’s long-term and short-term entity ratings at ‘AAA’ and ‘A1+’ respectively. As the only DFI in Pakistan with the highest ratings, this recognition reflects our strong capacity for timely financial commitments, highlighting our creditworthiness and stability.

Environmental Sustainability

PKIC has adopted a Green Office Program in partnership with WWF Pakistan as part of its commitment to environmental sustainability. It aims to minimize its environmental footprint by promoting efficient use of resources, reducing waste, and fostering sustainable workplace practices. The program encourages responsible energy consumption, digitalization to cut paper use, and the adoption of environmentally friendly procurement and waste management systems. By integrating these principles into daily operations, the company demonstrates its dedication to sustainability and continuous improvement in environmental performance.

Diversity & Inclusion

PKIC is dedicated to fostering diversity and embracing inclusivity within our organization. PKIC is known for recognizing gender diversity at workplace. With the Finance industry being predominantly male centric, the workforce diversity female to male ratio stood at 8% in 2018, since then with the efforts of the Management, supported by the esteemed members of the Board, the ratio has increased exponentially and it stands at 25% currently.

Anti-Harassment

PKIC has adopted the AASHA Code of Ethics to promote a safe, respectful, and inclusive workplace for women. It maintains a strict zero-tolerance policy on harassment and encourages professional conduct across all levels. As part of its compliance process, the company collects a signed undertaking from every employee confirming their awareness of the code and commitment to abide by it. This helps ensure that all staff clearly understand their responsibilities related to workplace behavior and harassment prevention. In addition, regular awareness sessions are held to educate employees about their rights and duties. Any violation of the policy results in strict disciplinary action. These measures demonstrate the company’s strong commitment to safeguarding women and maintaining a secure working environment.

PKIC recognizes that the key to sustained success is a team of motivated and skilled professionals. To achieve this, the company has implemented a comprehensive professional development program that encompasses continuous learning, skill enhancement, and career progression. From the moment a team member joins PKIC, they are welcomed into an inclusive environment that encourages innovation, collaboration, and a thirst for knowledge.

#PKIC #NIBAF #ConnectHear #PWD #Inclusivity

NIBAF-Pakistan x ConnectHear

Proud to see our colleagues complete the Banking Overview for Bankers with Disabilities programme and represent PKIC at its closing ceremony at National Institute of Banking and Finance (NIBAF)-Pakistan x ConnectHear

PKIC x IBA CEIF

At PKIC, we believe growth starts with knowledge. Our team is actively participating in one of the most comprehensive Islamic Banking training programmes with IBA CEIF. This initiative is strengthening our expertise, reinforcing our values, and equipping us to serve with greater integrity and excellence.