**SECP and IFC Launch ESG Pakistan Project to Promote Sustainable Finance**
The Securities and Exchange Commission of Pakistan (SECP) and the International Finance Corporation (IFC) have jointly launched the ESG Pakistan Project, a groundbreaking initiative aimed at aligning Pakistan’s financial sector with international environmental, social, and governance (ESG) standards. The launch event brought together a diverse group of private sector leaders, capital market institutions, professional associations, and multilateral organizations.
The collaboration between SECP and IFC is seen as a major milestone in Pakistan’s journey toward sustainable economic development. By integrating ESG principles, the initiative seeks to foster responsible investing and encourage market participants to adopt sustainability as a fundamental business strategy rather than merely a compliance requirement.
A key focus of the ESG Pakistan Project is to establish a clear roadmap that emphasizes transparency, inclusivity, and climate-resilient growth across the financial sector. Stakeholders at the event expressed a shared commitment to these goals, underlining the importance of making sustainability central to corporate practices in Pakistan.
Organizers and participants agreed that the partnership sets a precedent for responsible market behavior and positions Pakistan’s capital markets to attract greater international investment, while also supporting long-term economic resilience. The collaboration is expected to lay the foundation for future ESG-driven reforms in Pakistan’s financial landscape.
