HKEx ESG Reporting Requirements (Updated & Take Effect for Financial Years Commencing On or After July 1, 2020)
On 18 December 2019, the HKEx published its “Consultation Conclusions on Review of the Environmental, Social and Governance (ESG) Reporting Guide and Related Listing Rules”, in which many changes were proposed to the Environmental, Social and Governance Reporting Guide and relevant amendments to the Listing Rules will be effective for financial years commencing on or after 1 July 2020. The new reporting regime covers the following topics among other recommendations in particular:
Exchange’s new ESG requirements, Board governance, Reporting principles and boundaries, Setting targets, Climate change, Social KPIs (Key Performance Indicators)
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