OICCI unveils 2024 CSR report as member contributions rise to Rs14bn

March 18, 2025 (MLN): The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective body of over 200 largest foreign investors in Pakistan, has unveiled its Corporate Social Responsibility (CSR) Report for 2024, spotlighting the extensive socio-economic contributions of its member companies across the nation.

During 2024, OICCI members collectively contributed approximately Rs14 billion to CSR initiatives, achieving a significant 13% increase over the previous year, according to the press release issued today.

These contributions positively impacted the lives of more than 45 million people through diverse projects aligned with the United Nations Sustainable Development Goals (SDGs), with a focus on Quality Education (SDG 4), Good Health and Well-Being (SDG 3), Affordable and Clean Energy (SDG 7), and No Poverty (SDG 1).

“At OICCI, we believe true business success extends beyond financial performance to the lasting impact we create in society”, said President OICCI Yousaf Hussain, emphasizing the Chamber's commitment.

“This report highlights our members’ unwavering commitment to uplifting communities, fostering inclusive growth, and driving sustainable development”, he added.

“By working collaboratively with stakeholders, we aim to build a more resilient and prosperous Pakistan for future generations”, he further noted.

OICCI members’ social sector investments cover the length and breadth of Pakistan, including urban hubs like Sindh and Punjab, which collectively account for over 60pc of activities, as well as underserved areas such as Balochistan, Khyber Pakhtunkhwa, Azad Kashmir, and Gilgit-Baltistan.

OICCI members invested about Rs3 billion during the past year to improve access to education, benefiting 436,000 individuals.

Initiatives ranged from building schools and providing scholarships to promoting digital and vocational skills.

With a focus on maternal health, primary care, and mental health awareness, members allocated Rs2.3bn to healthcare projects, directly benefiting over 25 million people.

Similarly, OICCI members invested Rs2.6bn in renewable energy solutions, including off-grid solar projects and energy efficiency initiatives, contributing to Pakistan’s sustainable energy transition.

Members also dedicated Rs1.7bn to uplift marginalized communities through income generation, food security, and social protection programs.

“OICCI member companies recognize that the government, including provincial governments, need fiscal and human resources support from the private sector to meet the growing social needs of the country”, Syed Ali Akbar, Vice President OICCI outlined.

“We are proud of our members who continue to set high benchmarks in sustainable business practices by driving impactful CSR initiatives”, he noted.

The OICCI CSR Report 2024 details the contributions of leading foreign investors in Pakistan, said OICCI Secretary General Abdul Aleem

"With support from over 280 social organizations, these investors have addressed the country’s socio-economic challenges to create a sustainable and inclusive future", he added.

OICCI Secretary General Abdul Aleem emphasized that this initiative also encourages other businesses and industries to contribute to society's upliftment.

Copyright Mettis Link News