The Role of Environmental Technology, CSR, and Strong Corporate Governance Frameworks in Sustainable Societal Development

Technology has perhaps been one the biggest paradoxes humanity and the planet have ever faced. While technology revolutionized every aspect of human life largely for better, the impact it has had on the environment has been highly negative.

Almost 8 billion people sharing the planet and competing for space and resources along with continued industrialization and rapid technological advancements have resulted in catastrophic consequences for our planet in the form of climate change, environmental pollution, and swift depletion of natural resources.
Active commitment to environmental, social and governance issues (ESG) and corporate social responsibility (CSR) not only enhances business performance by making them more responsible and accountable for their actions, but also promotes social and environmental sustainability to a great extent.

At Shirazi limited, we are going innovative in operating efficiently without compromising the vitality of our operations. Incorporating sustainability into our strategic planning, we have developed a rewarding culture that encourages our employees and other stakeholders to create better value by saving energy, cutting costs, reducing waste, and enhancing other environmental factors.

We invest majorly in R&D to develop durable, sustainable, and environmentally friendly products, by using local materials and providing solutions to construction challenges of our customers. This not only helps us in reducing environmental impact, but also strengthens the local industry both in terms of commerce and knowledge transfer.

Harnessing the power of digital technology to enhance our operational efficiencies, we use GPS tracking to keep track of the exact movement of our vehicles enabling improved fleet utilization, and reduction in traffic, which further leads to lower CO2 emissions. The tracking system has also enhanced driver safety & performance which shows positive impact in terms of the number and type of accidents as well as reduction in maintenance costs and jobs.

Recycling is another key area of focus at Shirazi Limited. We reuse industrial waste as well as rejected and excess concrete from the mixes in our production as raw material, thus cutting down significantly on waste production.

We also feel a keen sense of accountability toward the communities and environment around us. Through our active CSR, we interact and engage with the communities around us to create opportunities for sustainable growth.