Transparency International Report Rates Corporate Governance in Pakistan

Transparency International Pakistan released its Corporate Reporting Assessment (TRAC) 2026, which reviewed 104 public limited companies listed on the Pakistan Stock Exchange. The average transparency score for these companies was 66.73 per cent, which is lower than the 72.3 per cent average recorded in the previous edition. Oil and Gas Development Company, Fauji Cement, and Sazgar Engineering Works Limited were identified as the top performers, scoring 92.71 per cent, 91.67 per cent, and 91.04 per cent, respectively. The report found that human rights and corporate social responsibility disclosures were the weakest area, averaging 45.98 per cent.

The findings highlight significant gaps in publicly available information regarding corporate accountability and responsible business practices across Pakistan's listed companies. While some companies, including Fauji Cement and Oil and Gas Development Company, achieved high transparency scores, the overall average suggests challenges in meeting global standards for ESG and anti-corruption disclosures.