Page 89 - InterloopLimitedSR2020

COMMUNITY

DEVELOPMENT

Interloop is a Business for Purpose! Our Mission and reason for
existence is to bring about a positive change in the community
and this reflects in all our decisions and business practices. Our
ambition is to Transform Lives and Improve Well-being when it
comes to social responsibility. As per policy, we have defined
community development goals with clear objectives to deliver
inclusive growth. To pursue this cause, Interloop has invested
approximately PKR 1.50 billion in the community during the
last decade. Our main areas of focus include EDUCATION,
SPORTS, LITERARY ACTIVITIES, HEALTH CARE and DISASTER
RELIEF. The company has long term KPIs and every year a CSR
spending target is fixed and implemented through an organized
system.

Community development initiatives are planned based
on the need assessment of the communities. The policy
implementation is reviewed by Sustainability Cell which
reports the outcomes to the CEO and the Chairman for further Education Primary & Secondary secondary; separate campuses for
deliberation at the board level. The evaluation is performed Education boys and girls) including 3 primary
by comparing the outcomes with the planned results and We truly believe that one of the best campuses during 2020, in the rural
adjustments are carried out where required. ways to transform a society is to In order to bring positive & lasting areas around Faisalabad city. These
educate the children and the youth, as change in the community by schools are managed by female staff
Our Corporate Social Responsibility Cell is working on all education develops the human mind educating the children, especially and provide quality formal education
community development activities throughout the country, to think & learn and apply that learning underprivileged, Interloop Welfare to 3,400 less privileged children,
especially in our surrounding areas. The Head of CSR reports to seize opportunities for living a Trust, in May 2009 partnered with THE 50% girls, in an environment that
to the Chairman & CEO of Interloop Limited and also looks after purposeful life, and contributing to CITIZENS FOUNDATION; the largest encourages intellectual, moral and
Interloop Welfare Trust; a philanthropic arm of Interloop Limited, the advancement of the society. Our non-profit organization in Pakistan, spiritual growth. Interloop has created
engaged in betterment initiatives for the community. initiatives in this area support SDG-4; providing quality education to the an endowment for supporting lifetime
“Ensure inclusive and equitable disadvantaged. So far, Interloop operating cost of 16 schools and also
quality education and promote has established 27 schools (14 provides funds for managing annual
lifelong learning for all”. primary, 9 secondary & 1 higher operational cost of the remaining
schools.

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