Pakistan's SECP adopts IFRS Sustainability Disclosure Standards, starting with listed companies in 2025.

The Securities and Exchange Commission of Pakistan (SECP) has adopted International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards in phases, starting from January 1, 2025. The first phase, IFRS-S1, focuses on general sustainability disclosures, followed by others including climate-related disclosures. Initially, listed companies will implement these standards starting July 1, 2025, with unlisted companies joining in 2027. This move aims to boost transparency and sustainability in corporate reporting across Pakistan.

3 months ago
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