PPL gets philanthropy award

ISLAMABAD: Pakistan Petroleum Limited (PPL) received Corporate Philanthropy Award by Pakistan Centre for Philanthropy (PCP) for being the largest corporate giver in terms of volume of donations during 2019-20, a statement said on Tuesday.

PCP adjudged the winner based on their research-based annual philanthropy survey, awarding PPL during a Corporate Philanthropy Awards event organized by PCP in Islamabad. The event was attended by many business leaders, development professionals, and media.

Advisor to the Prime Minister on Finance and Revenue Shaukat Tarin presented the award to chief community development officer of PPL Kamran Sher.

PPL said its spending on philanthropy in 2019-20 was Rs. 1.75 billion which, it claimed, was about 2.5 percent of its pre-tax-profit for the year.

The company has maintained the top slot for the 16th consecutive year in the large national category.

PPL’s Corporate Social Responsibility (CSR) programme spans over six decades and rooted in a rich tradition of sharing benefits of development with stakeholder communities.