Establishing accurate reporting boundaries is crucial for transparent ESG reporting. In general, there are three types of approaches to be employed to determine the reporting boundaries of your ESG report:

Companies often need to amend their reporting boundaries when there are significant changes in their operations. Such modifications are essential to accurately reflect their ESG performance. Recently, GreenCo assisted a company in modifying its reporting boundaries, as the company no longer holds the operating license for the facilities of a manufacturing business. Consequently, these facilities were excluded from the data collection process as well as the subsequent ESG report, so as to ensure the disclosure accurately represents the company’s actual ESG performance.

GreenCo believes that setting proper reporting boundaries not only enhances the credibility of your ESG report, but also aligns it with best practices, providing stakeholders with a true reflection of your sustainability efforts. GreenCo’s expertise ensures that your reporting boundaries are accurately set and adjusted according to significant operational changes, thereby maintaining the integrity and transparency of your reports.

About GreenCo

GreenCo is a professional ESG advisory firm accredited with ISO 9001 in ESG Reporting and Climate Policy Advisory Services. Established in 2016, we were born to tackle ESG and climate risk management challenges. GreenCo has a professional team consists of talents with multiple backgrounds with

  • PhD
  • Practitioner Member of the Institute of Environmental Management and Assessment (IEMA)
  • CFA (the CFA Institute) and Certificate in ESG Investing
  • EFFAS Certified ESG Analyst (CESGA)
  • Completion of Certified GRI Training Programme
  • Certified Public Accountant (for assurance in accordance with ISAE 3000)
  • Member of Global Association of Risk Professionals
  • Master’s degree in envirnomental science

GreenCo has solid track record in ESG advisory for over 60 listed companies in Hong Kong, Mainland China, Singapore and Korea, covering all industries under the Hang Seng Industry Classification System.