Engro Fertilizers wins SAFA merit certificate in corporate governance

MG News | November 04, 2019 at 05:19 PM GMT+05:00

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November 4, 2019: Engro Fertilizers Limited has achieved another milestone by receiving a merit certificate in the Corporate Governance Category of South Asian Federation of Accountants on the basis of its annual report 2018.

The awards are based on comprehensive criteria around transparency, accountability and governance. The awards are conferred based on the assessment against the criteria of the published annual reports of companies from South Asian countries including India, Sri Lanka, Nepal, Bhutan, Maldives, Bangladesh and Pakistan, said a press release on Monday.

Earlier, the company's annual report-2018 was awarded the second place in the sector for the Best Presented Annual Reports Awards organized by the joint committee of the Institute of Chartered Accountants of Pakistan, and Institute of Cost and Management Accountants of Pakistan, in recognition of transparent reporting and good governance practices adopted by the company.

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