Corporate Social Responsibility

Our corporate aim is to manage our business to promote sustainable social, environmental and economic benefits to all stakeholders wherever we operate. Byco values its stated policies regarding environment, health and safety, honesty and integrity in conducting business, commitment to the community, and creating a great place to work.

Byco is committed to respect all laws and regulations.

Community Development and Support

We are committed to long-term sustainable programs to improve quality of life in the communities in which we live and operate.

Our community focused interventions so far include:

  • Drinking water to the locals living in villages near the Mouza Kund site.
  • Medical relief camps.
  • Timely and generous response to flood victims of Balochistan in 2010.
  • Evacuation of local residents during cyclone PHET, which hit parts of Balochistan.
  • Pirkus road repair to facilitate commutation for residents of Mouza Kund and adjoining areas.
  • Supporting recreational and sports activities.

Partnerships

With expanding energy operations, our investments play an increasingly important role for the Country. Byco actively engages in dialogue and partnership with a broad range of industry organizations, government ministries and agencies and non-governmental organizations (NGOs). Through participation, engagement and financial support, Byco consistently strives to live its values within the business and the community.

Byco supported the reconstruction of roads and has partnered with the Highways department, Government of Balochistan during 2004 and 2010.

We expect to forge similar partnerships in the future which can strive to support the communities where we operate.

Transparency

Byco practices transparency in all business dealings, accessibility of records and fiscal responsibility. The company recognizes that transparency and accountability can provide the foundation for good governance and sustainable business. Within its sphere of influence, Byco strives for financial transparency.

Performance Reporting

Byco is committed to communicate openly regarding performance against various corporate responsibility goals. We plan to initiate an annual performance reporting in the future for information of all stakeholders.