ISSB Atlas (Lite) — A Free IFRS S1/S2 Readiness Tool
There is a growing assumption across organizations today that ongoing ESG efforts, emissions tracking, and sustainability reporting are sufficient preparation for IFRS S1 and S2. In most cases, this is not true. For the first time, sustainability and climate disclosures are being reframed side by side with financial relevance also. S1 and S2 (and standards […]
Connecting Green Banking Guidelines, ESRM, and Green Taxonomy Relate and Complement Each Other
The State Bank of Pakistan (SBP) has released a set of four guidelines around green financing mainstreaming in Pakistani banks. The three earlier frameworks; Green Banking Guidelines (GBG), ESRM, and Pakistan Green Taxonomy (PGT), all have a distinct focus, but they are designed to be mutually reinforcing. Together, they address different facets of the challenge: […]
Resources Future Briefing Note: Green Banking Guidelines, ESRM Framework, and Pakistan Green Taxonomy
Introduction Pakistan’s financial sector is increasingly recognizing that environmental and social sustainability is integral to long-term stability. The country’s acute vulnerability to climate change, evidenced by over 150 extreme events in the past 25 years and catastrophic floods in 2022 and 2025, have underscored the need for banks to manage environmental and social (E&S) risks […]
Pakistan’s ESG Awakening
Global investment trends are shifting dramatically around ESG. ESG assets are projected to soar to $50 trillion by 2025 and will represent a third of all assets under management globally. As international investors prioritize sustainability, transparency, and accountability, businesses in Pakistan must dance in sync to the realities of these new expectations. But beyond attracting […]