The Securities and Exchange Commission of Pakistan has published draft additions to its Guidelines on ESG Disclosures for Listed Companies for public consultation, proposing new disclosure requirements that would apply to all listed companies and follow a phased approach in which reporting remains voluntary until 2029, with mandatory reporting timelines to be introduced thereafter. The draft additions are intended to be incorporated into the Guidelines on ESG Disclosures, 2023 and are framed alongside Pakistan’s updated Nationally Determined Contributions and the recently released Pakistan Green Taxonomy, which aims to facilitate capital flows to sectors relevant for climate risk mitigation and adaptation. The consultation is open until October 22, 2025, after which SECP expects to finalize and roll out the additions.
Securites & Exchange Commission of Pakistan 2025-09-26
Securities and Exchange Commission of Pakistan launches consultation on draft ESG disclosure additions for listed companies with reporting voluntary until 2029
The Securities and Exchange Commission of Pakistan has released draft additions to its Guidelines on ESG Disclosures for Listed Companies, proposing phased disclosure requirements that remain voluntary until 2029. These additions align with Pakistan’s updated Nationally Determined Contributions and the Pakistan Green Taxonomy to support climate risk mitigation and adaptation.