National Foods Limited
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Sustainability
- Ethical Business Practices
- Community Development
- Gender Equality
- Environmental Stewardship
Environmental Achievements
- Replacement of Asbestos Shed with Sheet Metal at Port Qasim Plant
- Active engagement in tree plantation activities at Nooriabad plant and other areas of Karachi.
- Launch of Seed to Table project to reduce dependency on imported raw materials (e.g., tomato paste).
Social Achievements
- Launched National Foodpreneur Program in partnership with MasterClass Pakistan Hospitality Business School to empower young culinary enthusiasts.
- Continued School Khana Program in collaboration with Allah Walay Trust to combat classroom hunger, resulting in increased school attendance.
- Sponsored the Karachi Down Syndrome Program (KDSP) Carnival, promoting inclusivity.
- Continued Aagahi Adult Literacy Program with The Citizens Foundation (TCF), expanding its reach.
- Partnered with ChildLife Foundation for toy distribution on World Children's Day.
- Sponsored the 9th SOP Unified Marathon 2024, organized by Special Olympics Pakistan.
- Partnership with GoRead.pk to support the development of children's books dedicated to environmental education.
- Donations in-kind to Hisaar Foundation and Patients Aid Foundation.
- Partnership with Karachi Biennale Trust to sponsor the third Karachi Biennale and its Primary School Education Program (PSEP).
Governance Achievements
- Successful implementation of SAP S/4HANA, enhancing operational efficiency and data management.
- Strategic partnership with A.F. Ferguson & Co. (PwC) to bolster cybersecurity infrastructure.
- Six of seven directors have acquired directors’ training certifications.
- Established a comprehensive system of internal financial controls.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- High inflation in Pakistan impacting costs and profitability.
- Fiercely competitive ketchup market.
- Supply chain disruptions.
- Economic challenges and inflationary pressures.
Mitigation Strategies
- Strategic focus on cost transformation agendas and operational efficiency.
- Product fortification and portfolio optimization to enhance product superiority.
- Expanded distribution and targeted marketing in key markets (Karachi, KPK).
- Localization of agricultural raw materials (e.g., tomatoes).
- Investments in new manufacturing facilities (Faisalabad plant).
Supply Chain Management
Responsible Procurement
- Strong relationships with reputable suppliers committed to global food compliance standards and sustainable practices.
- Increased supplier share of socially responsible packaging suppliers.
- POLO to BSPL board project to transform packaging into a more sustainable product.
- Localization of agricultural raw materials.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI, SASB, TCFD, UNGC
Certifications: FSMS (ISO 22000), HALAL, ISO 45001, ISO 14001, BRC, SEDEX, ISO 9001:2015, ISO 17025
UN Sustainable Development Goals
- SDG 5 (Gender Equality)
- SDG 13 (Climate Action)
Initiatives such as BELONG program, Climate2Equal participation, and various community development programs contribute to these goals.
Sustainable Products & Innovation
- Redesigned Ketchup Cartons using less material.
Awards & Recognition
- Pakistan Digital Awards for Digital PR Campaign
- Corporate Challengers Cup