ADVERTISEMENT
Thursday, June 25, 2026
No Result
View All Result
The AZB More Than Just News
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION
No Result
View All Result
Daily The Azb
No Result
View All Result
ADVERTISEMENT
Home Business

CSR Awards & Ground Reality – A Serious Concern

Syed Turab Shah by Syed Turab Shah
April 8, 2026
Atif Ikram Sheikh Appoints Kaukab Iqbal as Convener for Consumer Protection Committee 2024-2025
Share on FacebookShare on Twitter

Karachi : Chairman of the Consumers Association of Pakistan (CAP), Kaukab Iqbal, has raised serious concerns over the growing gap between Corporate Social Responsibility (CSR) awards and the actual performance of companies receiving such recognitions.

He stated that CSR is not merely a label or ceremonial activity, but a continuous commitment by companies to act ethically, contribute to economic development, and improve the quality of life of communities. Unfortunately, the current trend reflects a different reality.

Kaukab Iqbal emphasized that many companies being honored with CSR awards are not practicing CSR in its true spirit. Their contributions are often limited, symbolic, or designed primarily for media visibility rather than creating real, measurable impact. This disconnect, he said, is damaging the credibility and integrity of CSR awards.

He further highlighted that a significant number of organizations still lack a proper understanding of CSR. “CSR is not about one-time donations, staged activities, or publicity campaigns—it requires sustained efforts and measurable outcomes that genuinely benefit society,” he added.

Call for Transparency & Accountability

Chairman CAP strongly urged relevant authorities and awarding bodies to conduct a proper and independent audit of CSR award-winning companies. He stressed the importance of evaluating:
• The actual CSR funds generated through consumer spending
• How much of these funds are genuinely allocated for social development
• Whether these initiatives create long-term, sustainable impact

He pointed out a critical issue that is often overlooked:
“CSR funds are essentially contributed by consumers through the purchase of products and services—not by companies alone.”

Therefore, companies must be held accountable for how these funds are utilized.

Consumers Bearing the Cost

Kaukab Iqbal expressed concern that consumers are indirectly financing CSR initiatives, yet the benefits rarely reach deserving communities in a meaningful way. He warned that if transparency is not ensured, CSR will continue to be misused as a marketing and branding tool rather than a social responsibility.

Key Concerns Highlighted:
• Lack of transparency in CSR activities
• Awards influenced by connections rather than impact
• Absence of long-term community development
• Use of CSR primarily for publicity
• Consumers funding ineffective initiatives

The Way Forward

Kaukab Iqbal urged that CSR awards must be based on:
• Verified data and measurable impact
• Independent and transparent evaluation mechanisms
• Long-term contributions to community development

He further stated that if companies allocate and utilize 100% of CSR funds effectively, society can witness real improvement in essential services and welfare. However, the current focus appears to be on gaining recognition rather than delivering results.

Final Statement

“CSR is a responsibility—not a branding exercise. Until merit replaces influence, and impact replaces image, CSR awards will continue to lose their value and public trust,” concluded Kaukab Iqbal.

Syed Turab Shah

Syed Turab Shah

Related Posts

Swiss Embassy delegation meeting representatives of Swiss companies in Karachi during an official business visit.
Business

Swiss Investment: Swiss Firms Reaffirm Long-Term Commitment to Pakistan’s Economic Growth

June 24, 2026
National Cyber Crime Investigation Agency inquiry related to alleged misinformation campaign against easypaisa bank limited.
Business

easypaisa Inquiry: NCCIA Launches Probe Into Alleged Misleading Social Media Campaign

June 24, 2026
Delegation of Orangi Traders Association meeting SSP Kemari Shangar Malik in Karachi over security and business issues.
Business

Orangi Traders: Business Delegation Raises Security, Ashura Concerns in Meeting With SSP Kemari

June 24, 2026
Field Marshal Asim Munir and Lieutenant General Saddam Khalifa Haftar during a meeting at GHQ Rawalpindi
PAKISTAN

Asim Munir: Pakistan, Libya Discuss Defence Cooperation at GHQ Meeting

June 24, 2026
Indonesian diplomat Dewanto Priyokusumo attends a farewell luncheon hosted by the Pakistan-Indonesia Business Forum in Karachi.
Business

Pakistan-Indonesia Relations: Business Forum Honors Indonesian Diplomat Dewanto Priyokusumo at Farewell Reception

June 24, 2026
Pakistan Foreign Minister Ishaq Dar presenting the US-Iran agreement in the National Assembly.
Headline

US-Iran Agreement: Ishaq Dar Tables Three-Page Accord in National Assembly, Outlines Next Phase of Talks

June 24, 2026
Medical response following confirmation of an Ebola case linked to the DR Congo outbreak.
HEALTH / EDUCATION

France Ebola Case: Country Confirms First Infection Linked to DR Congo Outbreak

June 24, 2026
Heavy vehicles navigate deteriorated roads leading to East Wharf and West Wharf at Karachi Port.
Business

Karachi Port: FPCCI Raises Alarm as Wharf Access Roads Remain in Disrepair Despite CM’s Orders

June 24, 2026
Visitors explore bicycle and e-mobility displays at Eurobike 2026 featuring Pakistani exhibitors in Frankfurt, Germany.
Business

Eurobike 2026: Five Pakistani Companies Showcase Products at Global Cycling Trade Fair

June 24, 2026
Aircraft on airport runway representing expanded air transport cooperation between Saudi Arabia and Pakistan.
Business

Saudi-Pakistan Air Deal: Saudi Cabinet Approves New Air Transport Agreement

June 24, 2026
Next Post
Chery Master Pakistan to Launch Tiggo 7 PHEV on April 10, Accelerating Pakistan’s Transition to Plug-in Hybrid Technology

Chery Master Pakistan to Launch Tiggo 7 PHEV on April 10, Accelerating Pakistan’s Transition to Plug-in Hybrid Technology

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Are you human? Please solve:Captcha


Most Popular

No Content Available

Must Read

Abid Ali continues steady return to cricket
Headline

Abid Ali continues steady return to cricket

January 13, 2022
Nearly Two-Thirds of DOJ Unit Lawyers Exit Amid Struggles to Defend Trump Policies
Headline

Nearly Two-Thirds of DOJ Unit Lawyers Exit Amid Struggles to Defend Trump Policies

July 14, 2025
The Azb is a 24/7 online news platform that covers a wide range of topics including business, economics, technology, finance, travel, fashion, and lifestyle.

Quick Links

  • Home
  • About us
  • SCI-TECH
  • Live TV
  • Banking

Useful Links

  • Videos
  • Reviews
  • Advertorial
  • Photos
  • About us
  • Author
  • Daily The Azb – Pakistan Business, News, Lifestyle & Updates
  • Latest News
  • Partner
  • Privacy Policy
  • Russian Theatre Group Celebrates Fifth Anniversary in Pakistan.
  • Terms and Conditions
  • The Azb – More Than Just News
  • Contact

© Copyright 2024 theazb. All Rights Reserved.

Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • HOME
  • Latest News
  • Business
  • PAKISTAN
  • SPORTS
  • WORLD
  • E-Paper
  • SCI-TECH
  • BANKING
  • ARTICLES
  • OPINION
  • MORE
    • MOBILE
    • TELECOM
    • PERSONALITY
    • HEALTH / EDUCATION

© Copyright 2024 theazb. All Rights Reserved.