The Securities and Exchange Commission of Pakistan (SECP) has formed a Sustainable Finance Advisory Group to provide strategic direction on key policy reforms aimed at strengthening sustainability in the country’s capital markets.
The newly established group will work towards integrating climate resilience, sustainability, and gender inclusivity into the financial sector. Its focus areas include:
- Embedding sustainability and climate change considerations in capital markets.
- Expanding gender-inclusive finance to ensure equitable financial access.
- Encouraging sustainable investment products and promoting eco-friendly financial instruments.
- Supporting the implementation of sustainability reporting standards to improve transparency and accountability.
Additionally, the group will facilitate collaboration among key stakeholders to enhance Pakistan’s economic resilience and ensure long-term financial sustainability.
Composition of the Advisory Group
The group includes industry leaders and representatives from global financial institutions, such as:
- Farrukh H. Sabzwari
- Ehsan Malik
- Saif Ullah
- Shafaq Fauzil Azim
- Assad Hameed Khan
- Representatives from the Asian Development Bank (ADB), International Finance Corporation (IFC), and UN Women
- Musarat Jabeen (Convener of the group)
This initiative underscores SECP’s commitment to aligning Pakistan’s capital markets with international best practices while fostering sustainable financial growth.
