ADVERTISEMENT
Sunday, May 31, 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
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

Heavy Rain Hits Lahore, Nishtar Town Receives Highest Rainfall
PAKISTAN

Heavy Rain Hits Lahore, Nishtar Town Receives Highest Rainfall

May 30, 2026
Pakistan-China Friendship Celebrated at 75th Diplomatic Relations Ceremony in Karachi
Karachi

Pakistan-China Friendship Celebrated at 75th Diplomatic Relations Ceremony in Karachi

May 29, 2026
Safety Becomes the Driving Force Behind Pakistan’s Mobility Economy
Business

Safety Becomes the Driving Force Behind Pakistan’s Mobility Economy

May 29, 2026
Trump Claims Breakthrough With Iran Over Strait of Hormuz Tensions
Headline

Trump Claims Breakthrough With Iran Over Strait of Hormuz Tensions

May 29, 2026
Rotary International District 3271 Pakistan Governor Shakeel Qaimkhani is presating Rotary Pin  Syed Turab Shah,
Business

Rotary International District 3271 Pakistan Governor Shakeel Qaimkhani is presating Rotary Pin  Syed Turab Shah,

May 29, 2026
UBL Arranges Record PKR 25 Billion Sukuk for Engro Fertilizers in Landmark Islamic Financing Deal
Business

UBL Arranges Record PKR 25 Billion Sukuk for Engro Fertilizers in Landmark Islamic Financing Deal

May 29, 2026
Government Slashes Fuel Prices by Rs22 Per Litre on Eid Relief Move
Headline

Government Slashes Fuel Prices by Rs22 Per Litre on Eid Relief Move

May 29, 2026
UK High Commissioner Hosts Nutshell Group Leadership in Islamabad for Strategic Dialogue
PAKISTAN

UK High Commissioner Hosts Nutshell Group Leadership in Islamabad for Strategic Dialogue

May 29, 2026
President Zardari Calls for National Unity, Economic Strength and Agricultural Growth
PAKISTAN

President Zardari Calls for National Unity, Economic Strength and Agricultural Growth

May 29, 2026
Pakistan-Malaysia Brotherhood Strengthened During Warm Hajj Meeting in Mina
Headline

Pakistan-Malaysia Brotherhood Strengthened During Warm Hajj Meeting in Mina

May 28, 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

Safer Internet Day: Knowing user rights can safeguard personal data from falling into the wrong hands: Kaspersky Experts.
Headline

Safer Internet Day: Knowing user rights can safeguard personal data from falling into the wrong hands: Kaspersky Experts.

February 6, 2024
OICCI
Headline

Business enabling Regulatory Environment to boost Ease of Doing Business and FDI

May 18, 2020
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
  • Home
  • 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.

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.