GreenCo published an Interpretation of the PCAF for Large Fund Managers in response to the upgrade of climate-risk management requirements announced by the SFC in August 2021.
GreenCo published a Navigating Roadmap on Disclosure of Climate Risk Management based on the "Guidance on Climate Disclosures" published by the HKEx on 5 November 2021.
GreenCo has recently launched a brand-new ESG advisory package for companies planning an IPO, in which it supports all IPO applicants looking for compliance and excellence in ESG management with recommended planning and preparation measures.
GreenCo has introduced new digital assessment and management tools to respond to the megatrend of sustainable funds.
In past months, the Task Force has seen significant momentum around adoption of and support for TCFD recommendations, and the number of organisations expressing support for the TCFD is reaching over 1,500 organisations globally. Nevertheless, the continuing progress for better alignment with the recommendations is still needed.
The outstanding performance of IWC shows the importance of having a governance team with a clear structure and clear goals and directions to the sustainable development of the entire group. Maintaining a simple and refined leadership is the core of successfully embarking towards sustainability.
The World Business Council for Sustainable Development (WBCSD) has found that majority of the leading global companies have improved their sustainability reporting over the last three years.
As a bridge between the mainland and the world, Hong Kong has the ability to help mainland ESG to integrate with the international stock market.