Page 4 - CMA Journal (Nov-Dec 2025)

President's

Message

My dear Members and Readers,
President's
I am delighted to share this message in my capacity as President of ICMA, following my
Message
recent election by the ICMA Council. I sincerely thank our members, colleagues, and
well-wishers for their warm congratulations and support, and I look forward to leading
the Institute with dedication and purpose.
Climate change is no longer a distant concern. It is reshaping economies, investments,
and business realities. Pakistan must act decisively, turning risks into opportunities for
sustainable growth. Our response today will define the resilience and competitiveness
of our economy in the years ahead.
This issue of the CMA Journal, “Greening Pakistan’s Economy: Climate Finance and ESG
Reforms,” focuses on these critical priorities. Climate finance and ESG practices are
rapidly becoming central to global financial and business decisions. For Pakistan,
embracing these reforms is essential to attract investment, manage risk, and secure a
sustainable future.
Pakistan has taken significant steps in climate finance and ESG reforms. ICMA welcomes
these initiatives, including Green Bonds and Green Sukuk supporting clean energy and
climate-resilient projects, and the planned Panda Bonds to attract global investors. The
ESG Sustain portal is enhancing corporate transparency and sustainability reporting.
ICMA is committed to supporting these efforts through research, guidance, and
professional expertise.
Management accountants have a pivotal role in this transformation. By measuring
climate-related costs, strengthening ESG transparency, and supporting evidence-
based policy and investment decisions, our profession can guide organizations and the
country toward a greener, more resilient economy.
I would also like to specially congratulate the Research and Publications Committee
and Department, under the able leadership of Muhammad Yasin as Chairman, for
producing cutting-edge research. Their work is earning national and international
recognition and is strengthening ICMA’s brand, elevating the Institute’s image as a
thought leader shaping Pakistan’s economic and sustainability agenda.
I commend the editorial team and contributors for curating this insightful issue, and
encourage our members and readers to engage actively with the perspectives shared.
A greener economy is not just an aspiration, it is an urgent responsibility, and one that
demands informed action from all of us.

Warm regards,
Azeem Hussain Siddiqui, FCMA
President ICMA

2 ICMA’s Chartered Management Accountant, Nov-Dec 2025