KARACHI: A London-based mobile network operators’ association highlighted Pakistani consumer sensitivity to climate change in a reported released on Wednesday, saying that companies neglecting this in their core business strategy could risk their reputations and miss profitable new business opportunities.
Based on a joint study carried out by the Global System for Mobile Communications Association (GSMA) and Huawei in 16 countries, the survey showed 60 percent Pakistanis were willing to accept a lower salary to work for an organization trying to reduce its carbon emissions.
Pakistan has witnessed erratic weather patterns, leading to floods, droughts and heatwaves and prompting its governments to pursue strategies to combat climate change by promoting renewables and electric vehicles, a ban on plastic bags and a major tree plantation drive.
“The research found that 80 percent of consumers surveyed across 16 countries now view climate change as the world’s No. 1 challenge,” said a statement released by Huawei. “Moreover, it found that 60 percent of respondents consider climate or sustainability when buying a product, while 45 percent say they are willing to pay a premium for products and services that have been certified carbon neutral.”
It added the inclination toward “green purchasing” appeared to be greatest in countries most exposed to extreme weather conditions induced by climate change, such as Pakistan, the Philippines, Indonesia, Brazil and Turkiye.
“There is a latent ‘green premium’ available for telecom operators if sustainability criteria can be embedded into product design and marketing,” said Tim Hatt, head of research and consulting at GSMA Intelligence. “Consumers want to align with green brands and will pay for assured credentials on the products they buy, and there is a first-mover advantage still out there for companies to meet this demand.”
Discussing the findings of the survey, Huawei’s digital transformation adviser David Trevitt said sustainability could not be considered a niche any longer.
“Climate response is an ethical issue that is becoming an increasingly important part of reputation management for many enterprises,” he noted. “To avoid reputational damage, organizations must embed their climate response in their business strategy.”
GSMA Intelligence is considered a definitive source of global mobile operator data, insights, and forecasts, and a publisher of industry reports and research.
Established in 1995, its survey findings have frequently guided the global strategies of mobile phone companies and operators.
Global cellphone operators’ association highlights Pakistani consumer concerns on climate change
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Global cellphone operators’ association highlights Pakistani consumer concerns on climate change
- Survey shows 60 percent Pakistanis are willing to accept lower salary to work for sustainability focused organizations
- GSMA Intelligence says companies neglecting climate concerns can lose reputation, miss profitable business opportunities
Pakistan PM directs ministries to fast-track foreign investment recommendations
- Pakistan’s foreign direct investment fell by over 25 percent during July-November period, official data states
- Premier directs ministries to provide support via embassies worldwide to facilitate foreign investors
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday directed all ministries to prepare recommendations for domestic, foreign investment and development projects related to their sectors, state media reported as Islamabad eyes sustainable economic growth.
The premier’s directives came while he chaired a meeting of the federal ministries on the implementation of economic governance reforms, state broadcaster Radio Pakistan reported.
Foreign direct investment inflows in Pakistan fell by more than 25 percent to $927 million during the July-November period, as per data from the central bank. Pakistan’s FDI inflows have never surged beyond $3 billion in nearly 20 years, worrying Islamabad as it seeks to escape a prolonged macroeconomic crisis.
“Prime Minister Shehbaz Sharif has directed all ministries to promptly prepare recommendations for domestic and foreign investment and development projects related to their respective sectors,” Radio Pakistan reported.
Sharif said it was his government’s top priority to provide institutional and administrative facilitation to investors.
The prime minister instructed federal ministries to provide “special importance” to proposals that promote exports.
“The prime minister directed the concerned ministries to provide effective support through Pakistani embassies worldwide to facilitate foreign investors,” the state media said.
Sharif stressed that equal attention be provided to industrial production, agriculture, and other key sectors to increase investment.
Pakistan’s government has said it is eyeing sustainable economic growth, driven by exports and foreign investment.
The South Asian country has recently signed agreements worth billions of dollars with regional allies such as Gulf nations, China and Central Asian nations to enhance cooperation in trade, investment, tourism, livestock, mines and minerals, and other sectors.










