Page 54 - CCL AR 2017 Final

Awards and Recognition

South Asian Federation of Accountants (SAFA) Award

In recognition of the Cherat Cement’s endeavour for
transparency in corporate reporting, the annual report
of the Company was nominated in the SAARC
Anniversary Awards for Corporate Governance
Disclosures Award 2014. The event was held in Lahore
in February 2016 and the Company was awarded
certificate of merit for Improvement in Transparency,
Accountability & Governance in Corporate
Governance Disclosures in the Annual Report of June
2014.

Best Corporate and Sustainability Report
Award ICAP, ICMAP

The Company received 1st position in Best
Corporate and Sustainability Report Award in
Cement and Sugar sector for the year ended
June 2016.

The contest is jointly conducted by Institute of Pakistan Stock Exchange Top Companies Award
Chartered Accountants of Pakistan (ICAP) and
Institute of Cost and Management Accountants Cherat Cement’s outstanding performance was also
of Pakistan (ICMAP). recognized by the Pakistan Stock Exchange (Formerly
Karachi Stock Exchange) and the Company was
For the financial years 2014 and 2015, the awarded the Top Companies Award for the year 2014.
Company secured 2nd position in Cement and The ceremony was held in Karachi in September 2016
Sugar sector. and the award was presented by the Honourable Prime
Minister of Pakistan, Mian Muhammad Nawaz Sharif.

These achievements show that Cherat Cement is a responsible
corporate citizen and believes in transparency in the process of data
gathering and timely dissemination of factual information to our
valuable stakeholders.

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Cherat Cement
Company Limited