SECP, IFC hold session to strengthen Pakistan’s corporate sector

ISLAMABAD: The International Finance Corporation (IFC), in collaboration with the Securities and Exchange Commission of Pakistan (SECP), held its second stakeholder consultation session in Karachi under the ESG Pakistan Project.

The session aimed to strengthen Pakistan’s corporate sector and align it with international environmental, social, and governance (ESG) standards to become more investment-ready. The session was attended by key stakeholders from capital market institutions, the corporate sector, and professional bodies. It built upon discussions on sustainable business practices initiated at the launch of the ESG Pakistan Project in July 2025.

In his keynote remarks, SECP Chairperson Akif Saeed emphasized the SECP’s commitment to its partnership with IFC. He said he SECP greatly values its longstanding partnership with IFC for advancing sustainability and inclusive development.

Our ESG reforms, which are being implemented in a phased and collaborative manner, are gaining international recognition as best-practice examples. Through the ESG Regulatory Roadmap, Disclosure Guidelines, and the ESG Sustain Portal, we are embedding sustainability and accountability in market practices while enhancing corporate readiness and attracting climate-aligned investments, he added.

Furthermore, the encouraging response to our recent ESG Survey will further help us identify sectoral challenges and shape policies to support Pakistan’s transition toward a transparent, resilient, and sustainable ecosystem, he added. Zunee Muhtashim, Principal Investment Officer at IFC, stated that incorporating ESG practices is now a critical priority for businesses seeking to strengthen their reputation, attract investment, and drive sustainable growth. Staff Report