Responsibility towards society
We believe in giving back to our society in a concrete way.
We consistently strive to make business decisions that serve not just our interests, but those of society as well. The following sustainability projects are particularly closer to our heart and have won us awards too.
Waste Heat Recovery Plant
Committed to maintaining an environment friendly stance, Maple Leaf has undertaken PKR 4 billion project in partnership with Kawasaki Japan to establish a highly advanced waste heat recovery plant. The recovery utilizes hot gas emissions from the process and produces energy, thereby reducing both energy costs and adverse environmental effects. This project has the ability to provide Maple Leaf with 13MW, which will help us ensure that both the production lines run on an uninterrupted power supply and we avoid bottlenecks in the provision of cement to our valued customers.
Education
Maple Leaf Cement donated for the construction of an Auditorium at Institute of Chartered Accountants of Pakistan (ICAP)
Health
Oncology Center at Agha Khan Hospital, Karachi was donated by MLCFL as our contribution towards medical projects
Education
Saigol House at the Aitchison College Lahore depicts our absolute focus on promoting education in the Country
Education
The Group was involved in the establishment of Chandbagh School in Muridkee and donated a boarding facility at the school
Health
Sayeed Saigol Cardiac Complex was donated to Gulab Devi Chest Hospital, which ensures free treatment to the deserving patients
Culture
The Lahore Art Gallery is the first nonprofit organization of its kind dedicated to promoting artists from Pakistan locally and internationally
Education
Sayeed Saigol Auditorium at LUMS, one of Pakistan's top business schools, was funded by Maple Leaf Group
Maple Leaf Cement to Expand Into Healthcare Business With Rs. 30 Billion Investment:
MLCF to Diversify With Entry in Healthcare Business
MLCF management has decided to diversify its portfolio with entry into the healthcare sector and has acquired 50 kanals of land in Islamabad for the construction of a hospital. The hospital project will have 250 beds and is slated for completion within three years. The total investment is estimated to be around Rs. 30 billion, with a balanced Debt: Equity ratio of 50:50.
MLCF is set to contribute Rs. 10 billion of the total Rs. 15 billion project equity, securing a controlling interest of ~67 percent. By entering the healthcare sector, MLCF has the opportunity to diversify its current portfolio through the creation of a new revenue stream.
The company has been able to consistently pull off a stable gross-level performance due to better cost management. The report further expects the company’s market share in the core business to remain stable because of the capacity addition giving MLCF an edge over peers.
