GreenCo is glad to assist its clients to be well-prepared for the potential enhancements in reporting requirements, such as new standards, by staying aligned with the Stock Exchange of Hong Kong’s guidance in their latest reports.
The SGX Group has amended the listing rules to require issuers to provide climate-related disclosures in the sustainability report from the financial year commencing in 2022 based on the recommendations from the Task Force on Climate-Related Financial Disclosures (“TCFD”) on a “comply or explain” basis.
In virtue of growing attention to the climate change issue, it is believed that stricter and wider disclosure requirements will be formulated on climate-related information for listed companies.
