Hong Kong ESG

Hong Kong’s ESG regulatory policies are mainly formulated by the Hong Kong Monetary Authority and the Securities and Futures Commission of Hong Kong, and many polices are based on the Hong Kong Climate Action Plan 2050.

As an international financial center, Hong Kong launches a series of green financial instruments and releases the Green and Sustainable Finance Grant Scheme to provide subsidies to the market. The Hong Kong government also issues green bonds to institutional investors and individual investors to increase public participation.

Hong Kong is regulating ESG development, such as setting climate information disclosure standards based on ISSB guidelines and requiring mandatory disclosure by listed companies. Hong Kong is also planning to establish a green taxonomy to provide a standard framework for sustainable activities.P