A workshop to address the materiality of Environment, Social, and Governance (ESG) metrics in wind and solar power projects under China Pakistan Economic Corridor (CPEC) was held Wednesday in Islamabad.
The workshop was organized by the Pakistan China Institute (PCI), and it brought together experts from Chinese and Pakistani energy companies to discuss the material aspects of wind and solar power projects. There was a presentation on the scoring strategy for the ESG metrics which are material and how CPEC can benefit from emerging ESG regulations in Europe and worldwide.
Executive Director PCI Mustafa Haider Syed’s opening remarks highlighted the importance of the Green Corridor under the framework of CPEC.
Yubo, Chairman of China Overseas Port Holdings Co., Ltd said, “the canvas of ESG dynamics is vast and vibrant; today, we dive into the nuances of this canvas – from ethical supply chains to stakeholder engagement–and explore how these dynamics redefine success.”
N. A. Zuberi, Senior Advisor CSIAL, said that in the circle of wind and solar projects under CPEC, ESG metrics’ materiality is the foundation of conscious progress. “It underscores our commitment to building a cleaner, more inclusive energy landscape,” said Mr. Zuberi.
“It’s not just about numbers, it’s about impact,” said Zohra Sarwar Khan, the Joint Director, Chairman of Secretariat, SECP. “As regulators, we evaluate the significance of these metrics to ensure a resilient business landscape that safeguards our planet, empowers communities, and upholds ethics,” she added.