Financial Capital: Analysis of Non-Financial Key Performance Indicators

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FINANCIAL

CAPITAL
Analysis of Non- Human Capital Investing in Health and Safety
of Workforce
Financial Key (Page No. 126-129 & 183)
Providing a safe working environment is
The Company has, over the period,
Performance
part of the overall commitments of FFC
inculcated a culture of operational to the wellbeing of its employees. The
excellence through mentoring, delegation,
Indicators
Company continue to focus on enhancing
empowering and succession planning, safety systems and adopt state of the art
developed a pool of highly graded industrial safety standards to eliminate or
Analysis of non-financial key performance
professionals. The well-directed policy, minimize the potential harm from the risks
indicators (KPIs) has been presented for
spell out in detail Company’s way forward and hazards.
material non-financial KPIs relevant for
in dealing with succession planning,
the business and stakeholders around
Social and
recognizing and rewarding the able pool
other forms of capitals as mentioned
of man power, hunting new talent and
under International Integrated Reporting
Framework.
developing future leaders along with
providing them with conducive environment
Relationship Capital
(Page No. 132-135, 171, 183 & 197)
to polish and harness their abilities.
Manufactured FFC is cognizant of its ethical responsibility
Providing Employment towards the People and the Planet through
Capital environment friendly and fair business
FFC as a fertilizer manufacturing and
(Page No. 116-120 & 171) transactions. Our employees are educated
marketing Company is a source of
and trained to take responsibility in line with
Our business activities of importing, employment for a range of talented
their function, authority and qualifications to
producing, marketing and distribution of professionals with 3,216 number of
enrich our corporate responsibility of ethical
quality fertilizers help us to create value employees on its payroll as on December
business.
for our People – the stakeholders and 31, 2022, providing valuable services
ultimately for the economy. at manufacturing sites, country-wide
marketing network and head office. In Create and Share Value as a
Producing Quality Fertilizer order to retain the developed human Trusted Business Partner
resource, the Company offers competitive At FFC, we share value with our local
Our purpose is to protect and enhance
and market-based remuneration with partners through local procurement in
productive potential of the Planet – the
job security and attractive retirement an effective manner which also results in
farms. To meet the expectations of our
benefits along with avenues for polishing economic development of the Country. We
customers and in line with our strategy,
their potential and prospects for career promote sustainability in the supply chain
we are committed to producing only
development. by engaging with our trusted supply chain
quality products which correspond to
the international environment and safety partners.
standards.
Investing in Our Workforce
FFC paid salaries and benefits to the tune Create and Share Value in
Investing in Better Farm of Rs 10.50 billion during the year 2022 Local Communities we Operate
Productivity compared to Rs 10.28 billion last year. The
The Company support People – the local
Company also maintains funded pension
Over the past four decades, FFC has communities through payment of taxes,
and gratuity schemes for its employees.
immensely contributed to enhancement of voluntary financial contributions in the
the farm productivity through continuous areas of education, health, sports and
Providing Equal Opportunity infrastructure developments, particularly in
commitment and investment in farm
advisory, building a loyal customer base, FFC being equal opportunity employer, the neighboring communities, besides the
promoting Sona brand in the marketplace does not discriminate on the basis of overall country in general. Our presence
and creating value for FFC and farmers. gender, class, demography, as benefits and procurement from local suppliers also
are provided according to the type of play significant role in generating economic
employment contract. activity benefiting the local communities.
Intellectual Capital
(Page No. 121-125, 183 & 197) Developing Skills and Talent Create and Share Value as a
Retention and development of skilled
Socially Responsible Company
Although intellectual capital does not have
the kind of visibility that other capitals have manpower is fundamental to maintain our Protecting the Planet – the nature and
in value creation due to its non-monetized competitiveness and value creation ability. environment through continued investments
nature, the Company strongly believes in It is critical that we play an active role in in environment friendly technologies and
allocating resources to its development as supporting the existing workforce through production processes is the top priority at
we believe that it contributes significantly reskilling and upskilling. FFC believes FFC.
towards enhancing operational efficiency that people learn every day, through
and gaining competitive advantage in the experiential, social or formal avenues.
modern technological era.

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