SECP mandates gender pay gap reporting for companies

News Image

MG News | April 18, 2024 at 11:26 AM GMT+05:00

0:00

April 18, 2024 (MLN): The Securities and Exchange Commission of Pakistan (SECP) has issued a directive for listed companies to include a statement on the gender pay gap in their annual reports, a press statement released by the commission yesterday stated.

The directive aligns with the government’s instructions under the Prime Minister's Women Empowerment Package 2024, aimed at promoting gender diversity within the corporate sector.

To facilitate compliance, the SECP has provided a suggestive template for the gender pay gap statement, along with guidance on its calculation methodology.

This initiative will assist listed companies in accurately assessing and reporting gender pay differentials within their organizations. The requirement for reporting gender gap is applicable to listed companies for the financial year ending on or after June 30, 2024. 

The SECP remains committed to promoting gender equality and diversity in the corporate sector, and views this directive as a significant step towards achieving this objective.

Through collaborative efforts with stakeholders, we aim to create a more inclusive and equitable workplace environment.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,597.36
256.32M
-0.05%
-68.14
ALLSHR 85,286.16
608.38M
-0.48%
-413.35
KSE30 42,340.81
77.13M
-0.03%
-12.33
KMI30 193,554.51
76.19M
-0.83%
-1627.52
KMIALLSHR 55,946.05
305.11M
-0.79%
-443.10
BKTi 38,197.97
16.53M
-0.59%
-225.01
OGTi 27,457.35
6.73M
-0.94%
-260.91
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 117,670.00 121,165.00
117,035.00
-1620.00
-1.36%
BRENT CRUDE 69.23 70.77
69.14
-0.29
-0.42%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 66.03 67.54
65.93
-0.20
-0.30%
SUGAR #11 WORLD 16.79 17.02
16.71
0.05
0.30%

Chart of the Day


Latest News
July 18, 2025 at 07:21 PM GMT+05:00

Pakistan strengthens UK trade links


July 18, 2025 at 05:36 PM GMT+05:00

Pakistan, China set to advance agricultural innovation


July 18, 2025 at 05:10 PM GMT+05:00

PSX Closing Bell: Riding High, Ending Low



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg