Transparency International Pakistan Finds Companies Moderately Transparent in Corporate Reporting

Transparency International Pakistans recent assessment of the top 69 publicly listed companies on the Pakistan Stock Exchange reveals that these companies are moderately transparent in their corporate reporting. The evaluation focused on five key areas: anti-corruption programs, organizational transparency, disclosure of financial information, reporting on gender and non-discrimination policies, and human rights and corporate responsibility. The average score across these areas was 7.23 out of 10, indicating a moderate level of transparency. Notably, the lowest average score, 47.28%, was observed in the anti-corruption programs category, reflecting partial transparency in this area. Companies such as Lucky Core Industries, Allied Bank Limited, and Oil and Gas Development Company Limited achieved the highest overall scores, though none attained a perfect score. Its important to note that the assessment evaluated the extent of reporting and did not assess the implementation or effectiveness of the companies anti-corruption policies.