"Given the present-day significance and importance of ESG concerns, it is now imperative and imminent to adhere to and report on ESG linked data crucial for sustainability assessment of the businesses and informed investment decision making. In this context, PSX had signed a collaborative understanding with (London Stock Exchange Group’s) Refinitiv on ESG. Under this mutual agreement, Refinitiv’s ESG Contribution Tool is available to the listed companies for their ESG data reporting. This Contribution Tool will not only enable presenting a standardized ESG scoring by Refinitiv for contributing PSX listed companies but will also enhance the visibility of Pakistan’s companies on the international ESG radar. Following that, PSX and Refinitiv, a London Stock Exchange Group (LSEG) company, jointly launched an ESG Contribution Tool on 18th April 2024 in an online session to the listed companies in Pakistan. " - Excerpt from PSX Annual Report
See this primer on Environment, Social and Governance (ESG).
