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HKEX proposal for mandatory climate disclosures gets nod from businesses, but not without concerns over timeline, scope

Representatives of Hong Kong's business sector agree with the stock exchange's plan to make climate-related disclosures mandatory and aligned with international standards - but not without concerns. The business community agrees that the move will help the city maintain its competitiveness as a global financial centre, according to feedback from a three-month consultation period that ended on Friday. But concerns exist around the level of ambition, as well as the challenges companies will face a ....

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Green finance hub in sight

A proposed mainland-Hong Kong carbon-trading connect program could be an important financial tool to promote the city’s green finance-hub initiative. ....

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