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CORPORATE
SOCIAL
RESPONSIBILITY
at
Central Depository Company
of Pakistan Limited
By Muhammad Hanif , CEO – CDC Pakistan
• Chief Executive Officer of Central
Depository Company of Pakistan Limited
• Executive Committee Chairman – Asia-
Pacific Central Securities Depositories
Group (ACG)
• Founding Member of the Central Securities
Depository and Clearing & Settlement
Company in Pakistan
• Chartered Accountant by profession
• Advocate of investor cultivation, awareness
and protection in Pakistan
About the Presenter
About CDC
• A public company incorporated in
1993.
• The sole depository in the country
providing services to a wide range of
investors across all three stock
exchanges of Pakistan.
• An active company doing corporate
philanthropy.
3
49% of the country’s population
continue to live below poverty line.
Source: United Nations
More than 70 million
Pakistanis face severe food insecurity. Food price
hikes including those of flour, rice, sugar and
vegetables, further worsen food insecurity.
Source: Economic Survey of Pakistan
13%
of Pakistani children do not finish
primary school education.
Source: Economic Survey of Pakistan
Pakistan spends just 0.8% of its gross
domestic product (GDP) on health which is
insufficient to cater the needs of the population.
Source: United Nations
Pakistan ranks 146 out of 187
countries on a human
development index
Pakistan spends 0.8 percent of its
GDP on health and 1.8 percent on
education
Even, Congo spends 1.2% of
GDP on health and 6.2% on
education
Pakistan’s poor performance
is due to the low level of
public investment in
sectors like Health,
Education, Housing and
other Public Welfare
projects.
Corporate Philanthropy
10
• Corporate philanthropy or corporate
giving is the act of corporations
donating some of their profits for
charitable causes.
• Corporations give charity to all kinds
of nonprofit groups, from education
and the arts to human services and
the environment.
Volume & Impact
11
• The volume of the contribution of
setups like SIUT, TCF, Indus, AKUH,
Edhi and Chhipa are magnimous and
their impact is countrywide.
• These institutions mostly depend
upon the corporate philanthropy to
carry out extensive work across the
country.
An Example of
Global Champion of
Corporate Philanthropy
12
• Bill & Melinda Gates Foundation
focuses on improving people’s health
and giving them the chance to lift
themselves out of hunger and
extreme poverty.
• They identify and fund high-impact
projects that can help hundreds of
millions of people lift themselves out
of poverty and build better lives.
Champions of Corporate
Philanthropy in Pakistan
13
• Aman Foundation is founded by the
CEO of Abraaj Capital.
• They are working in areas of
Healthcare, Education & Skills and
Nutrition
• Apart from its own social
development initiatives, Aman
Foundation also engages in venture
philanthropy by providing strategic
grants to high-social-impact
organizations that work in the
Foundation’s core areas of focus.
Champions of Corporate
Philanthropy in Pakistan
14
• Layton Rahmatulla Benevolent Trust
(LRBT) provide free eye treatment to
the poor & underprivileged citizens.
• Standard Chartered partners with the
hospital as part of “Seeing is Believing”
the Banks global program to help
combat preventable and curable
blindness.
• Its recent joint efforts include vision
screenings for 800 underprivileged
children across Pakistan in conjunction
with World Sight Day celebration.
Champions of Corporate
Philanthropy in Pakistan
15
• Shell Pakistan has a robust program
of social investment, which supports
organizations and initiatives in the
areas of health, education, welfare,
community development, heritage
and environment.
• They support wide range of
organizations working in the areas
from Diseases and Heath care to
Road Safety and Heritage restoration.
CDC’s Corporate Philanthropy
16
• CDC’s Corporate Social Responsibility
is set upon ambitious vision and
purpose.
• We are working to create a better
future for Pakistan by giving
donations to various organizations
successfully working in their domains
and have strong roots in the society.
CDC’s Corporate Philanthropy
17
• We invest our human and financial
resources in inspirational, innovative
programs that serve diverse
populations.
• Its just because of the Corporate
Philanthropy by various
organizations, the situation in
Pakistan is not that worse and
chaotic as it could have been.
The Organizations
18
CDC supports wide range of non-profit organizations including:
The Organizations
19
CDC supports wide range of non-profit organizations including:
The Organizations
20
CDC supports wide range of non-profit organizations including:
Philanthropy Amount
21
• So far, we have donated
Rs. 52 million to several
organizations since 2007.
CDC CSR Committee
22
• CDC has a working CSR committee
who look after the company’s CSR
initiative.
• The company has a very transparent
process.
• The decisions regarding donations
are made on merit by the committee.
Principles
• Huge Impact
• Impartial
• Indiscriminate
• Need based
• Non Profit
• Result driven
• Transparent
• Unbiased
23
Compliance
24
To ensure that each case referred to
CDC-CSR committee is based upon
merit and tag along our principles,
we have a checklist for CSR
evaluation that must be submitted
with the proposal.
Checklist for CSR Evaluation
25
• Organization Name, Address, Phone, Email &
Website is mentioned
• The organization is registered with income tax
authority for donation rebate
• Copy of tax certificate is provided
• List of board of trustees is provided
• Scope and Area of work is mentioned
• Brochure and other relevant details are
available
The checklist ensures:
Checklist for CSR Evaluation
26
• Audited financial statements are obtained
• Name of auditors are mentioned
• Copy of audited accounts along with a copy of
auditor’s report is obtained
• Organization should be financially sound and
healthy
• List of major donors or contributors is obtained
• Ensure that organization does not support or
focuses on community basis like: Race, Religion
and Cast
Checklist for CSR Evaluation
27
• Ensure that organization is not politically
affiliated
• And their scope is within CDC’s policy
parameters
Process
• Public charities may request
philanthropic funding by writing a
letter to our CSR committee.
• CDC-CSR Committee will evaluate the
organization on the basis of checklist.
• They will then be invited annually to
submit proposals.
• After second-level assessment, the
cases are referred to the board for
approval.
28
Other CSR Activities
29
TCF Rahbar Program
• CDC is also providing active human
support to The Citizens Foundation
(TCF) by encouraging its employees to
participate in TCF’s Rahbar Program.
• TCF Rahbar is a Mentorship Program
aimed at the development of youth
as responsible individuals and as
productive members of society.
Other CSR Activities
30
Pakistan Flood Relief
• CDC is amongst few organizations in
this country which encouraged its
employees to participate in Pakistan
Flood Relief Programs.
• Several delegations from CDC have
been to Pakistan Flood Relief areas to
support the community.
Other CSR Activities
31
Charity Greeting Cards
• CDC has been supporting Patient
Behbud Society of AKUH by sending
AKU Greeting Cards to its customers
on the occasion of Eid.
• Proceeds from the sale of cards go
directly to the Patient Welfare
Programme that provides needy
patients with financial assistance.​
CDC Staff Education Fund
32
• CDC has a separate fund for its staff
earning below Rs. 30,000 per month.
• The fund provides grant for
education to the low-pay staff’s
children.
Thank You!
To learn more about CDC Pakistan,
please visit: www.cdcpakistan.com

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Corporate Social Responsibility

  • 1. CORPORATE SOCIAL RESPONSIBILITY at Central Depository Company of Pakistan Limited By Muhammad Hanif , CEO – CDC Pakistan
  • 2. • Chief Executive Officer of Central Depository Company of Pakistan Limited • Executive Committee Chairman – Asia- Pacific Central Securities Depositories Group (ACG) • Founding Member of the Central Securities Depository and Clearing & Settlement Company in Pakistan • Chartered Accountant by profession • Advocate of investor cultivation, awareness and protection in Pakistan About the Presenter
  • 3. About CDC • A public company incorporated in 1993. • The sole depository in the country providing services to a wide range of investors across all three stock exchanges of Pakistan. • An active company doing corporate philanthropy. 3
  • 4. 49% of the country’s population continue to live below poverty line. Source: United Nations
  • 5. More than 70 million Pakistanis face severe food insecurity. Food price hikes including those of flour, rice, sugar and vegetables, further worsen food insecurity. Source: Economic Survey of Pakistan
  • 6. 13% of Pakistani children do not finish primary school education. Source: Economic Survey of Pakistan
  • 7. Pakistan spends just 0.8% of its gross domestic product (GDP) on health which is insufficient to cater the needs of the population. Source: United Nations
  • 8. Pakistan ranks 146 out of 187 countries on a human development index Pakistan spends 0.8 percent of its GDP on health and 1.8 percent on education Even, Congo spends 1.2% of GDP on health and 6.2% on education
  • 9. Pakistan’s poor performance is due to the low level of public investment in sectors like Health, Education, Housing and other Public Welfare projects.
  • 10. Corporate Philanthropy 10 • Corporate philanthropy or corporate giving is the act of corporations donating some of their profits for charitable causes. • Corporations give charity to all kinds of nonprofit groups, from education and the arts to human services and the environment.
  • 11. Volume & Impact 11 • The volume of the contribution of setups like SIUT, TCF, Indus, AKUH, Edhi and Chhipa are magnimous and their impact is countrywide. • These institutions mostly depend upon the corporate philanthropy to carry out extensive work across the country.
  • 12. An Example of Global Champion of Corporate Philanthropy 12 • Bill & Melinda Gates Foundation focuses on improving people’s health and giving them the chance to lift themselves out of hunger and extreme poverty. • They identify and fund high-impact projects that can help hundreds of millions of people lift themselves out of poverty and build better lives.
  • 13. Champions of Corporate Philanthropy in Pakistan 13 • Aman Foundation is founded by the CEO of Abraaj Capital. • They are working in areas of Healthcare, Education & Skills and Nutrition • Apart from its own social development initiatives, Aman Foundation also engages in venture philanthropy by providing strategic grants to high-social-impact organizations that work in the Foundation’s core areas of focus.
  • 14. Champions of Corporate Philanthropy in Pakistan 14 • Layton Rahmatulla Benevolent Trust (LRBT) provide free eye treatment to the poor & underprivileged citizens. • Standard Chartered partners with the hospital as part of “Seeing is Believing” the Banks global program to help combat preventable and curable blindness. • Its recent joint efforts include vision screenings for 800 underprivileged children across Pakistan in conjunction with World Sight Day celebration.
  • 15. Champions of Corporate Philanthropy in Pakistan 15 • Shell Pakistan has a robust program of social investment, which supports organizations and initiatives in the areas of health, education, welfare, community development, heritage and environment. • They support wide range of organizations working in the areas from Diseases and Heath care to Road Safety and Heritage restoration.
  • 16. CDC’s Corporate Philanthropy 16 • CDC’s Corporate Social Responsibility is set upon ambitious vision and purpose. • We are working to create a better future for Pakistan by giving donations to various organizations successfully working in their domains and have strong roots in the society.
  • 17. CDC’s Corporate Philanthropy 17 • We invest our human and financial resources in inspirational, innovative programs that serve diverse populations. • Its just because of the Corporate Philanthropy by various organizations, the situation in Pakistan is not that worse and chaotic as it could have been.
  • 18. The Organizations 18 CDC supports wide range of non-profit organizations including:
  • 19. The Organizations 19 CDC supports wide range of non-profit organizations including:
  • 20. The Organizations 20 CDC supports wide range of non-profit organizations including:
  • 21. Philanthropy Amount 21 • So far, we have donated Rs. 52 million to several organizations since 2007.
  • 22. CDC CSR Committee 22 • CDC has a working CSR committee who look after the company’s CSR initiative. • The company has a very transparent process. • The decisions regarding donations are made on merit by the committee.
  • 23. Principles • Huge Impact • Impartial • Indiscriminate • Need based • Non Profit • Result driven • Transparent • Unbiased 23
  • 24. Compliance 24 To ensure that each case referred to CDC-CSR committee is based upon merit and tag along our principles, we have a checklist for CSR evaluation that must be submitted with the proposal.
  • 25. Checklist for CSR Evaluation 25 • Organization Name, Address, Phone, Email & Website is mentioned • The organization is registered with income tax authority for donation rebate • Copy of tax certificate is provided • List of board of trustees is provided • Scope and Area of work is mentioned • Brochure and other relevant details are available The checklist ensures:
  • 26. Checklist for CSR Evaluation 26 • Audited financial statements are obtained • Name of auditors are mentioned • Copy of audited accounts along with a copy of auditor’s report is obtained • Organization should be financially sound and healthy • List of major donors or contributors is obtained • Ensure that organization does not support or focuses on community basis like: Race, Religion and Cast
  • 27. Checklist for CSR Evaluation 27 • Ensure that organization is not politically affiliated • And their scope is within CDC’s policy parameters
  • 28. Process • Public charities may request philanthropic funding by writing a letter to our CSR committee. • CDC-CSR Committee will evaluate the organization on the basis of checklist. • They will then be invited annually to submit proposals. • After second-level assessment, the cases are referred to the board for approval. 28
  • 29. Other CSR Activities 29 TCF Rahbar Program • CDC is also providing active human support to The Citizens Foundation (TCF) by encouraging its employees to participate in TCF’s Rahbar Program. • TCF Rahbar is a Mentorship Program aimed at the development of youth as responsible individuals and as productive members of society.
  • 30. Other CSR Activities 30 Pakistan Flood Relief • CDC is amongst few organizations in this country which encouraged its employees to participate in Pakistan Flood Relief Programs. • Several delegations from CDC have been to Pakistan Flood Relief areas to support the community.
  • 31. Other CSR Activities 31 Charity Greeting Cards • CDC has been supporting Patient Behbud Society of AKUH by sending AKU Greeting Cards to its customers on the occasion of Eid. • Proceeds from the sale of cards go directly to the Patient Welfare Programme that provides needy patients with financial assistance.​
  • 32. CDC Staff Education Fund 32 • CDC has a separate fund for its staff earning below Rs. 30,000 per month. • The fund provides grant for education to the low-pay staff’s children.
  • 33. Thank You! To learn more about CDC Pakistan, please visit: www.cdcpakistan.com