Pakistan’s Engro Fertilizers releases its first sustainability report

Engro Fertilizers, a large Pakistani fertiliser company has released a sustainability report based on global reporting initiative standards . The report mentions the company’s sustainability oversight capacities including a set of management sub-committees that monitor the company’s progress on environmental targets. The report says that the company “is cognizant of the fact that climate change has the potential to present physical and financial risks and opportunities to its operations, its investors and stakeholders. The changing weather patterns, availability of water resources and the recent locusts attack on agricultural crops may affect the product consumption patterns affecting farming productivity, resulting in reduced purchasing power of the end-customer. The potential risk to the company’s operating plants from natural disasters is also included in the company’s enterprise risk management system”.