Karachi: Pakistan’s Securities and Exchange Commission (SECP) has mandated all listed companies to disclose gender pay gap data in their annual reports and on their websites. This regulatory requirement stems from Circular no. 10 of 2024, issued on April 17, 2024, and aligns with the Prime Minister’s Women Empowerment Package (PM-WEP) 2024.

The directive builds on previous notices, including PSX/N-1140 from November 26, 2024, and the most recent PSX/N-386 on April 6, 2026. It seeks to promote corporate transparency and gender equality in Pakistan’s business sector. Companies with fiscal years ending on March 31, 2026, are particularly urged to comply with these requirements in their forthcoming reports.

According to information available from the Pakistan Stock Exchange (PSX), listed companies are required to follow the SECP’s suggested template for reporting the gender pay gap. This step aims to ensure uniformity and comprehensive disclosure across the corporate landscape.

Failure to adhere to these guidelines could result in enforcement actions by the SECP against non-compliant companies. This measure underscores the importance of transparency in fostering an equitable corporate environment.

The SECP’s initiative is part of its broader strategy to enhance gender diversity and equality within the corporate sector. All companies listed on the PSX are expected to integrate these disclosures into their reporting frameworks for financial years ending on or after June 30, 2024, ensuring that the data is readily accessible to stakeholders.