Economic Sustainability
Economic Sustainability
Economic sustainability is an important component for Siddiq Leather Works. It enables the organization to create value for all the stakeholders. Economic sustainability ensures that Siddiq Leather Works generates enough income to meet the future goals and objectives Siddiq Leather Works have taken aggressive steps to stay Economically sustainable
Cost Savings Initiatives
Siddiq Leather Works is able to reduce energy costs by shifting to solar thermal and PV systems. The fuel and electricity costs are reduced as a result Siddiq leather products are becoming more cost effective. Water usage leads to significant costs. Siddiq leather has cut water content in an effort preserve environment and reduce cost. The chrome recovery plant has led to 0.83 million PKR annual cost savings