The Pakistan Stock Exchange (PSX) has directed listed companies and market intermediaries to register on the ESG Sustain Portal.
The portal is operated by the Securities and Exchange Commission of Pakistan (SECP). Companies must also comply with applicable sustainability disclosure requirements.
The latest PSX notice continues the implementation of revised ESG disclosure guidelines. SECP issued these guidelines on December 11, 2025.
PSX had previously issued a related notice on December 19, 2025. The earlier notice designated the ESG Sustain Portal for ESG reporting.
The revised guidelines were introduced under SECP’s ESG Roadmap. They also align with the Pakistan Green Taxonomy and Nationally Determined Contributions.
Under the latest directive, relevant entities must complete their portal registration. They must also follow sustainability reporting frameworks applicable to them.
These frameworks may include both mandatory and voluntary requirements. SECP may notify additional reporting frameworks from time to time.
The directive applies to listed companies and market intermediaries covered by the requirements. These entities are expected to provide complete and timely ESG information.
ESG refers to environmental, social, and governance-related information. Such disclosures help provide information about a company’s sustainability-related practices and activities.
The reporting requirements aim to establish a structured process for ESG disclosures. The designated portal will serve as the platform for submitting this information.
The earlier PSX notice had asked listed companies to onboard the portal without delay. The latest communication reinforces the requirement for registration and compliance.
Companies must ensure their disclosures follow the revised ESG guidelines. They are also expected to submit information within the applicable reporting requirements.
For registration, companies can contact the SECP ESG team. They must provide information about a designated focal person.
A sustainability email address must also be provided during the onboarding process. The information will allow the relevant account to be created on the portal.
The SECP ESG Sustain team will facilitate companies during the onboarding process. Companies can coordinate with the team to complete their registration requirements.
The latest PSX directive places greater focus on structured sustainability reporting. It also provides a central platform for ESG-related disclosures.
The requirements are part of broader efforts to improve ESG reporting in Pakistan. They are also linked with national sustainability and climate-related objectives.
Listed companies will need to review their reporting obligations under the revised guidelines. They must ensure their information is prepared according to applicable frameworks.
Market intermediaries covered by the directive will also need to complete the required onboarding process. They must follow the sustainability disclosure requirements relevant to their operations.
The latest development reinforces the role of ESG reporting within Pakistan’s capital market. Companies will be expected to maintain accurate and timely sustainability disclosures.
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PSX and SECP are continuing the implementation of the revised ESG framework. The ESG Sustain Portal will remain the designated platform for relevant reporting activities.
