WWF-Pakistan introduces water stewardship standards in corporate sector

07:47 PM | 27 Oct, 2015
WWF-Pakistan introduces water stewardship standards in corporate sector
LAHORE (Staff Report) - WWF-Pakistan, in collaboration with Nestlé Pakistan, hosted a Water Symposium and Launch Ceremony of Alliance for Water Stewardship (AWS) Standards in Lahore. AWS is an international water management standard which aims to drive best water management practices within industrial operations and at the governance level.

The standards are being implemented in different parts of the world including the United States, South Africa, Australia and Canada to promote better management of site-specific water use and the water catchment areas and to address shared water concerns related to quality, quantity and governance. The standards have been designed such that they can significantly mitigate the physical, reputational and regulatory risks that the businesses are confronted with, in the face of increasing water scarcity.

WWF-Pakistan, in this regard, has become the pioneer organization in facilitating the implementation of AWS standards in Pakistan, while Nestlé Pakistan is its first implementing partner.

The occasion marked the official launch of the international water standard in Pakistan, which is expected to be implemented by key corporate and industrial establishments in the country. Prominent figures from across diverse sectors including government, private, academia, NGOs and donor agencies enthusiastically participated in the event and expressed their opinions regarding the AWS standard, the growing water challenges of Pakistan and how each sector can play its role in mitigating these challenges.

Speakers included experts from WWF-Pakistan, Nestlé, and AWS. Adrian Sym, Executive Director, AWS, gave an overview of the journey of the AWS Standard from conception to implementation in different countries. While addressing the audience, Hammad Naqi Khan, Director General, WWF-Pakistan said, ‘Pakistan is a water-based economy and the resource is crucial for sustaining its economic growth and development. However, challenges such as over-exploitation and mismanagement of water resources have triggered various environmental, economic and social challenges which require urgent attention.’ He urged the leading business entities to set an example in the sphere of better water management to encourage second and third tier business enterprises to follow the suit, for overall sustainable management of freshwater resources.

Waqar Ahmed, Head of Corporate Affairs, Nestlé Pakistan, shed light on the role of Nestlé Pakistan as the first implementing partner of AWS. He said, ‘Water conservation and stewardship is a critical pillar of our Creating Shared Value portfolio. Nestlé is always looking for opportunities to reduce, recycle and reuse water in our operations. That is why we are very excited about our partnership with WWF-Pakistan. We not only hope to achieve water stewardship milestones set for ourselves sooner but also to help further reduce the water footprint across our value chain.’

Also present at the occasion were Carlo Galli, Technical and Strategic Advisor for Water Resources, Nestlé, who gave a presentation on Nestlé Global’s Water Stewardship Initiative. Alexis Morgan, Water Stewardship Specialist, WWF International, gave a global overview of WWF International’s role in the facilitation of AWS and the significance of a business case in the water sector.

Presentations were followed by a panel discussion session on adopting water stewardship as a means of improved water management. The panelists included representatives from each of the major sectors; Dr. Javed Iqbal, Director General, Environmental Protection Department (EPD); Dr. Arif Anwar, Senior Researcher, International Water Management Institute (IWMI); Alexis Morgan, Carlo Galli and Abubakar Muhammad, Professor, Lahore University of Management Sciences (LUMS). The session was moderated by Ali Hasnain Sayed, Senior Manager Water Security and Stewardship.

A three-day training session will take place in the days following the launch event for corporate organizations,   auditors and consultants to provide them with accreditation to implement AWS standards in Pakistan.




Today's currency exchange rates in Pakistan - Dollar, Euro, Pound, Riyal rates on Sept 30, 2023

KARACHI - Following are the foreign currency exchange rates for US Dollar, Saudi Riyal, UK Pound Sterling, U.A.E. Dirham, European Euro, and other foreign currencies in Pakistan open market on September 30, 2023 (Saturday).

Source: Forex Association of Pakistan. (last update 09:00 AM)

Currency Symbol Buying Selling
US Dollar ‎USD 286.05 289.15
Euro EUR 307 310
UK Pound Sterling GBP 353.3 357
U.A.E Dirham AED 80 80.8
Saudi Riyal SAR 76 76.75
Australian Dollar AUD 189 191
Bahrain Dinar BHD 778.84 786.84
Canadian Dollar CAD 220 222.2
China Yuan CNY 40.24 40.64
Danish Krone DKK 41.83 42.23
Hong Kong Dollar HKD 37.93 38.28
Indian Rupee INR 3.57 3.68
Japanese Yen JPY 1.63 1.71
Kuwaiti Dinar KWD 945.27 954.27
Malaysian Ringgit MYR 62.62 63.22
New Zealand Dollar NZD 174.58 176.58
Norwegians Krone NOK 27.87 28.17
Omani Riyal OMR 762.31 770.31
Qatari Riyal ‎QAR 80.69 81.39
Singapore Dollar SGD 208 210
Swedish Korona SEK 26.62 26.92
Swiss Franc CHF 323.01 325.51
Thai Bhat THB 8.12 8.27

Gold Rate in Pakistan Today – September 30, 2023

Today Gold Rate in Pakistan

KARACHI - The price of a single tola of 24-karat gold in Pakistan is Rs 205,600 on Saturday.

The price of 10 grams of 24k gold was recorded at Rs 176,270. Likewise, 10 grams of 22k gold were being traded for Rs168,730 while a single tola of 22-karat gold was being sold at Rs196,807.

Note: The gold rate in Pakistan is fluctuating according to the international market so the price is never been fixed. The below rates are provided by local gold markets and Sarafa Markets of different cities.

Today Gold Price in Pakistan - 30 September 2023

City Gold Silver
Lahore PKR 205,600 PKR 2,450
Karachi PKR 205,600 PKR 2,450
Islamabad PKR 205,600 PKR 2,450
Peshawar PKR 205,600 PKR 2,450
Quetta PKR 205,600 PKR 2,450
Sialkot PKR 205,600 PKR 2,450
Attock PKR 205,600 PKR 2,450
Gujranwala PKR 205,600 PKR 2,450
Jehlum PKR 205,600 PKR 2,450
Multan PKR 205,600 PKR 2,450
Bahawalpur PKR 205,600 PKR 2,450
Gujrat PKR 205,600 PKR 2,450
Nawabshah PKR 205,600 PKR 2,450
Chakwal PKR 205,600 PKR 2,450
Hyderabad PKR 205,600 PKR 2,450
Nowshehra PKR 205,600 PKR 2,450
Sargodha PKR 205,600 PKR 2,450
Faisalabad PKR 205,600 PKR 2,450
Mirpur PKR 205,600 PKR 2,450


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