ESG NEWS
March 2021
Carbon Management
In years, carbon management has been a key metric in measuring the ESG performance and sustainability progress of a company.
Climate-Positive Burgers : Max Burgers in Sweden
As a leading F&B enterprise and a global player, Max Burger has tried its best in minimising its environmental footprint and achieve climate positive.
Key takeaways from 2020 TCFD Status Report
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.
February 2021
Time to Go Green: How Green is Your Watch?
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.
GreenCo Wish You A Safe & Joyous Chinese New Year
GreenCo wish you and your family an abundance of health and prosperity in this Year of the Ox!
Corporate sustainability reporting improves worldwide
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.
Hong Kong Stock Exchange helps Mainland ESG to integrate internationally
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.
News Express – Dec
December news express regarding green finance and ESG related news in Hong Kong, China and the industry.
December 2020
News Express – Oct
October news express regarding green finance and ESG related news in Hong Kong, China and the industry.
Measuring Stakeholder Capitalism
International Business Council (IBC), in collaboration with the Big Four Accounting Firms, have been exploring a set of universal, material ESG metrics and recommended disclosures that could be reflected in the mainstream annual reports of companies on a consistent basis across industry sectors and countries.
Scale for Good: How is McDonald’s a role model for peers?
As a world-renowned fast-food chain, McDonald’s restaurant and value chain covers almost every corner of the world. Therefore, no matter positive or negative, its every move is going to have great influence on the world.
Essentials for Setting Science-based Targets in the Transition Towards A Low-carbon Economy
Science-based targets initiative (SBTi) offers a plethora of advantages over incremental GHG reduction targets for businesses and importantly, assists companies to identify and promote innovative approaches to setting ambitious and meaningful corporate GHG reduction targets consistent with the best available climate science.
New Zealand Makes Climate Reporting Compulsory
New Zealand has become the first country in the world to make climate risk reporting mandatory for banks, asset managers and insurers.
Greater Bay Area Green Finance Alliance Officially Launched
The Hong Kong Green Finance Association (“HKGFA”) announced the official launch of the Guangdong-Hong Kong-Macau Greater Bay Area Green Finance Alliance (“GBA-GFA”) at the inaugural launch ceremony on 4 September. The Alliance aims to facilitate the greening of the Greater Bay Area.
August 2020
Frequently asked questions new ESG reporting requirements
The new ESG requirements announced on 18 December 2019 as part of the HKEX’s consultation conclusions on review of the ESG reporting guide and related listing rules apply to HK-listed companies with financial years commencing on or after 1 July 2020.
The People’s Bank of China and other two ministries solicit public opinions on the “Catalogue of Green Bond Endorsed Projects”
On May 29, 2020, the People's Bank of China, the National Development and Reform Commission, and the China Securities Regulatory Commission solicited public opinions on the drafting of the "Catalogue of Green Bond Endorsed Projects (2020 Edition)". The new Catalogue is of paramount importance to the sustainable economic and social development, and industrial green transformation and upgrading.