Daily Times

The Pakistan Stock Exchange (PSX) has taken yet another major step in realising its vision of ESG readiness for listed companies by issuing the PSX Primer on Environmental, Social & Governance (ESG). The sector agnostic Primer on ESG is a detailed booklet and first of a series of publications meant for guiding listed companies on reporting on ESG, according to PSX press statement received here Wednesday. The PSX Primer would enable listed companies to understand ESG opportunities and risks, and educates stakeholders on the usage of ESG data while providing guidance to listed companies on producing a Sustainability Report. This is in line with the roadmap and guidance framework of the SECP to promote and encourage ESG reporting among listed companies. Speaking at the occasion of the launch of the PSX Primer on ESG, MD and CEO PSX, Farrukh H. Khan said the exchange has taken a tremendous leap forward in its efforts to materialise its vision on ESG reporting by listed companies. Subsequent to several steps taken by PSX on the ESG front such as the establishment of the ESG Taskforce, among others, PSX has now issued guidelines in the shape of the PSX Primer on ESG for listed companies, he said.