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Business
January 14, 2021
KARACHI: Foreign investors have spent Rs16 billion in Pakistan on corporate social responsibility programmes during 2019-2020, Overseas Investors Chambers of Commerce and Industry (OICCI) report showed.
The annual CSR Report 2019-2020 showed that about half of OICCI members invested about Rs8 billion collectively on CSR-related activities, excluding the amount spent on Covid-19. The members reached out to around 62 million direct beneficiaries throughout Pakistan, OICCI statement said.
In addition to monetary contributions, the CSR activities of OICCI members included investment of their employeesâ time in different value-adding social activities across Pakistan with the underlying commitment to uplift the underprivileged strata of the society during these trying times.