Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, officially launched ESG Sustain, a centralized online sustainability portal developed by the Securities and Exchange Commission of Pakistan (SECP) in collaboration with UN Women Pakistan in Islamabad.
The launch of ESG Sustain marks a significant milestone under SECP’s ESG Roadmap aimed towards advancing sustainable practices across regulated sectors.
The portal provides companies with a robust tool to report climate-related data, disclose sustainability progress and share gender-disaggregated statistics, while also hosting a dedicated Knowledge Hub with resources from professional bodies and market leaders to support capacity building, said a press release issued here.
With over 40 companies already on boarded for contributing data, ESG Sustain is set to play a pivotal role in fostering data-driven decision-making, attracting sustainability-linked investments and paving the way for an ESG Index in future.
Addressing the participants, the Finance Minister commended SECP on launching ESG Sustain.
He highlighted that “Portal’s emphasis on inclusivity and gender reforms aligns with the Government of Pakistan’s vision for inclusive growth”.
Noting the global shift towards climate resilience and climate finance, he stressed the importance of leveraging resources through collaboration and scaling up efforts digitally, with ESG Sustain serving as a catalyst for these initiatives.
ESG Sustain reflects the government’s vision of enabling the private sector to drive economic growth while it concentrates on creating a supportive policy framework.—APP
