Minister for Finance Muhammad Aurangzeb has praised the corporate sector for sustaining its social contributions despite economic instability. He said that business leaders should continue playing a “progressive and vital role” in national development.
He was speaking at the Corporate Philanthropy Awards 2025 as the chief guest in Islamabad. Mr Aurangzeb stated that corporate philanthropy has become a meaningful pillar of Pakistan’s development agenda.
Pakistan Centre for Philanthropy (PCP) has released the latest Corporate Philanthropy Report. The report stated that corporate giving in Pakistan reached a record PKR 25.44 billion in 2023.
“Even in periods of fiscal pressure and shifting economic cycles, corporate giving has remained on an upward path. It now shows how responsibly the business community continues to support national progress. The award winners today are leading the way, and their contributions reflect a culture that values human development, social protection, and wider opportunity,” Muhammad Aurangzeb said.
The minister acknowledged the integrity of the PCP and its role in promoting a structured culture of giving nationwide. He encouraged organisations that donate quietly to share their contributions more openly, noting that visibility builds confidence across the ecosystem and reduces the need for directive measures when the corporate sector chooses to lead voluntarily.
Public Listed Companies:
PCP shared that Public Listed Companies led donations with PKR 18.23bn, followed by Public Unlisted Companies (PKR 3.28bn) and Private Limited Companies (PKR 3.93bn). Companies listed on the KSE-100 index donated PKR 15.24bn, while KSE-30 firms gave PKR 8.80bn, reflecting strong alignment with national priorities. The Glass & Ceramics sector recorded the highest giving ratio, contributing 7.80% of total profits.
A total of 18 leading companies were honoured for high-volume donations and strong giving relative to profits. Award recipients included OGDCL, Mari Energies, Bank Alfalah, Yunus Textile Mills, Novatex, Fast Cables, Barrett Hodgson, U.S. Denim Mills, KSB Pumps, Unity Foods, Searle, Y.B. Pakistan, Ghani Ceramics, among others.
The event also featured a panel discussion titled “Philanthropy Ecosystem in Pakistan: Opportunities and Challenges,” chaired by Badaruddin F. Vellani, with participation from Mehnaz Akbar Aziz, Ahmer Bilal Soofi, Asif Rasool, Dr Faisal Sultan, and Zia Akhter Abbas. The panel examined policy gaps, taxation issues, and the need for stronger regulatory support to expand organised giving.
Concluding the event, PCP Chairman Zaffar A. Khan reaffirmed the importance of corporate philanthropy in complementing public-sector development efforts, noting that the 20th edition of the survey reflects the private sector’s sustained commitment to social progress.
