HKEX HOW TO PREPARE AN ESG REPORT? A STEP-BY-STEP GUIDE TO ESG REPORTING

On 21 September 2018, the Securities and Futures Commission (SFC) released its Strategic Framework for Green Finance (“SFC Framework“), which was based on the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) of Financial Stability Board. As part of the TCFD regulatory development, China is working to impose mandatory requirements for listed companies to disclose environmental information by 2020 and extend the mandatory requirements to A/H shares companies listed on SEHK.

Issuer name

Hong Kong Stock Exchange

More information

To align with TCFD recommendations and work along with China’s policy direction to target mandatory environmental disclosure, the SFC Framework outlines (1) its top priority to enhance Hong Kong listed companies’ disclosure of environmental information and (2) cooperation with SEHK to promote these initiatives. SEHK’s guidance materials on ESG reporting are the latest products of the TCFD recommendations.

Reporting resources

True

Comply or explain

True

Organizations covered by the instrument

Large private and listed companies

Industry scope

All/none specified

Disclosure venue

Sustainability report

ESG coverage - E (Environment)

All

ESG coverage- S (Social)

All

ESG coverage- G (Governance)

All

Status

Current

Country

Hong Kong

Region

Asia Pacific

Date of publication

2018

Issuer type

Stock Exchange

Reporting requirements

Guidelines and standards for non-financial reporting

Mandatory or voluntary

Voluntary

The geographical scope

Sub-national

Go to the instrument