Karachi: In a move aimed at enhancing corporate transparency and promoting gender equality, listed companies on the Pakistan Stock Exchange (PSX) are now mandated to disclose gender pay gap data in their annual reports and on their websites. This requirement, which follows the Securities and Exchange Commission of Pakistan's (SECP) Circular no. 10 of 2024, is part of the broader Prime Minister's Women Empowerment Package 2024.

According to the directive, the disclosure of gender pay gap data is crucial in promoting transparency and advancing gender equality in Pakistan's corporate sector. The SECP has provided a template to ensure uniformity in reporting. As the financial year concluded on June 30, 2025, companies with this fiscal year-end are advised to comply with the disclosure requirements in their upcoming annual reports.

Failure to comply with the SECP's directive or providing incomplete information could lead to enforcement actions against non-compliant companies. According to information available from the Pakistan Stock Exchange (PSX), listed entities are urged to ensure accurate reporting and dissemination of gender pay gap data on their websites and in official reports.

This initiative aligns with the objectives outlined in the Prime Minister's Women Empowerment Package 2024, seeking to foster an inclusive corporate environment. The SECP and PSX emphasize the significance of these disclosures, highlighting their role in promoting gender equality and transparency in the business sector. The designated market category for this initiative is specified as part of the broader efforts to reinforce corporate accountability and inclusivity.