Corporates dole out Rs24bn for social causes

ISLAMABAD: Pakistan’s corporate sector donated about Rs23.65 billion for various social sector causes in 2023, up 41 per cent over Rs16.76bn in 2022, according to the Pakistan Centre for Philanthropy (PCP).

In its latest Corporate Philanthropy Report, the PCP said the Public Listed Companies (PLCs) contributed the largest share of Rs17.69bn while Public Public Unlisted Companies (PUCs) and Private Ltd Companies (PvLCs) also contributed Rs2.60bn and Rs3.36bn, respectively.

To recognise...