WWF- Pakistan signs pact with Sapphire Textile, Diamond Fabrics

News Image

MG News | March 08, 2022 at 10:56 AM GMT+05:00

0:00

March 08, 2022 (MLN): The WWF-Pakistan, Sapphire Textile Mills Limited (STML), Sapphire Fibers Limited (SFL) and Diamond Fabrics Limited (DFL), Lahore have signed an agreement to work on the organic cotton project in Dera Ismail Khan district of Khyber Pakhtunkhwa and Lasbela district of Balochistan, said a press release issued on Monday. 

The WWF-Pakistan has collaborated and partnered with textile groups in the past as well to work on sustainable cotton and organic cotton initiatives. Through the current agreement, WWF-Pakistan and the Sapphire Group would work together on the organic cotton project for five years. 

Hammad Naqi Khan, Director General, WWF-Pakistan, said: “This is the first step for both organisations to initiate the work as we are looking forward to spearheading into other areas that lead to sustainability and nature conservation.”

According to Nadeem Abdullah, Chief Executive Officer (CEO), Sapphire Textile Mills, “Our textile group is one of the largest in the country as we have multiple ongoing projects that lead to sustainability. Our market linkages and suppliers are both present in local and international markets. As the CEO of Sapphire Textile Mill, we are happy to take this step and are looking forward to working on other areas of work with WWF-Pakistan for nature conservation in the country.”

The session concluded with a meaningful discourse between the WWF-Pakistan’s senior management personnel including Dr Masood Arshad, Senior Director Footprint, WWF-Pakistan and Asad Imran, Director Food and Markets, WWF-Pakistan, along with Umer Abdullah, Director Sapphire Textile Mills Limited; Shayan Abdullah, Director Sapphire Fibres Limited; Zulifqar Mehmood, Director Supply Chain, Diamond Fabrics Limited; Mohsin Nishat, Head of Human Resources, Sustainability and Communication, Sapphire Textiles Limited and Muhammad Ali from Sapphire Textile Mills.

APP

Related News

Name Price/Vol %Chg/NChg
KSE100 148,743.32
232.74M
1.29%
1900.34
ALLSHR 89,074.97
432.50M
1.26%
1107.38
KSE30 45,031.60
99.89M
1.35%
600.19
KMI30 216,075.56
75.58M
1.56%
3321.53
KMIALLSHR 58,342.49
204.46M
1.47%
844.48
BKTi 40,694.56
42.04M
1.52%
608.89
OGTi 31,278.90
11.43M
2.01%
615.13
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 67,555.00 68,755.00
66,125.00
880.00
1.32%
BRENT CRUDE 107.26 109.99
104.72
-0.13
-0.12%
RICHARDS BAY COAL MONTHLY 112.50 0.00
0.00
0.95
0.85%
ROTTERDAM COAL MONTHLY 119.50 119.50
119.00
-2.40
-1.97%
USD RBD PALM OLEIN 1,175.00 1,175.00
1,175.00
0.00
0.00%
CRUDE OIL - WTI 102.98 106.86
100.83
0.10
0.10%
SUGAR #11 WORLD 15.42 15.58
15.12
-0.13
-0.84%

Chart of the Day


Latest News
March 31, 2026 at 05:20 PM GMT+05:00

Seasonal demand sparks surge in China’s spring economy


March 31, 2026 at 04:55 PM GMT+05:00

China leads global hydrogen race


March 31, 2026 at 04:48 PM GMT+05:00

FBR imposes 72-hour cap on E-invoice edits



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg