Asia
In 2017, Hong Kong released the “2030 Climate Action Blueprint”, promising to reduce carbon emissions to 65% to 75% of 2005 by 2030. In 2020, carbon emissions have been reduced to 80%.
Hong Kong’s carbon emissions have reached a peak in 2014. According to
In 2018, Hong Kong launched the government green bond program for the first time, with an initial borrowing ceiling of HK $100 billion (about $12.8 billion). This borrowing limit was increased to HK $200 billion ($25.6 billion) in 2021. The funds raised by green bonds are mainly
Hong Kong Financial Services Development Council (FSDC) recently released a brief report on ESG, summarizing the development of ESG in Hong Kong and proposing a roadmap for follow-up actions. The report is divided into three parts, namely, the introduction of the
Hong Kong SFC classifies public funds on its official website, including environmental, social and governance funds. This category of funds incorporates ESG factors into their main investment priorities and reflects ESG factors in their
The Financial Services Agency of Japan (FSA for short) recently issued documents to supervise ESG fund greenwashing. FSA believes that with the introduction of ESG into the name and investment strategy of the fund, the problem of greenwashing is
The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), released the annual esg review results of ESG of listed companies in 2022
