Tetra Pak launches sustainability report

Tetra Pak has launched its inaugural Sustainability Report for Pakistan, serving as a local supplement to its FY23 global Sustainability Report as per a press release. The report underscored the company’s commitment to environmental, social, and economic sustainability in the country. The launch event, held in Islamabad, brought together key government officials, diplomats, and policymakers.

Tetra Pak remains dedicated to reducing its carbon footprint and supporting decarbonisation efforts at its production plant, while continuing to intensify its recycling initiatives and promote environmental awareness. The company also introduced processing solutions that significantly enhance environmental sustainability and operational efficiency of its customers.

Through a longstanding partnership with Green Earth Recycling, the company aims to recycle 35,000 tons of used beverage cartons by 2025.

In addition, its partnership with WWF focuses on educating young students about recycling, fostering environmental awareness from an early age.

Emirates launches travel store in Karachi

Emirates has officially launched its new travel store in Karachi, making it the airline’s first experiential retail concept to be rolled out in West Asia as per a press release.

The store was officially inaugurated by Essa Sulaiman Ahmad, Emirates’ Senior Vice President for Commercial Operations, West Asia and Indian Ocean, in the presence of Hamad Obaid Ibrahim Salem Al-Zaabi, Ambassador of the United Arab Emirates to Pakistan.

Highlighting the significance of the store, Mr Ahmad said: “The Emirates Travel Store is a place where travellers can discover all of our incredible products and services, and we’re proud to bring our immersive experiences to Karachi.

“Karachi was one of Emirates’ first destinations when we launched our operations back in 1985 and choosing this location for our very first Emirates Travel Store in West Asia is testament to our commitment to Pakistan, which we serve with five gateways,” he continued.

Deaf Reach School’s annual sports day

Indus Motor Company, as part of Toyota’s global ‘Start Your Impossible’ campaign, invited Olympic gold medalist Arshad Nadeem to the Deaf Reach School’s Annual Sports Day in Lahore, as per a press release.

During the event, Mr Nadeem inspired students by sharing his journey of setting a world record despite limited resources, participated in various sports activities with the students, distributed certificates, and presented a souvenir to Daniel Marc, Director Operations at Deaf Reach School, Lahore.

Expressing gratitude, Mr Marc highlighted the significance of Arshad Nadeem’s visit and commended IMC’s commitment to supporting their institution.

“Having an icon like Arshad Nadeem here today is an incredible source of motivation for our students,” he remarked.

UBL unveils new debit card

United Bank Limited launches its Visa Premium Plus Debit Card made from recycled PVC, marking a significant step in UBL’s effort to push for environmental responsibility within the financial sector, as per a press release.

The UBL Visa Premium Plus Debit Card is a gold-tier offering, designed for high-net-worth individuals and those seeking enhanced financial flexibility.

It offers higher daily spending and withdrawal limits allowing customers to make larger transactions with ease and security. Furthermore, the Card provides access to exclusive discounts across various categories through prestigious partnerships with top-tier brands.

Faysal Funds at the 9th IFFSA Awards

Faysal Funds received the Silver Award for Asset Management Company of the Year and the Gold Award for Digital Product/Fintech Offering of the Year at the ninth International Finance and Financial Services Awards ceremony held recently in Sri Lanka as per a press release.

Nadir Rahman, CEO of Faysal Funds, said of the awards, “These achievements strengthen our belief in our vision to revolutionise the Shariah-compliant financial landscape, ensuring that our clients are not just part of the conversation but leaders in their investment journeys.”

Published in Dawn, The Business and Finance Weekly, December 23rd, 2024