13/07/23

Navigating ESG Regulations For Funds In Hong Kong

Green finance has been gathering momentum globally since the 2015 Paris Agreement on climate change. Since then, we have seen rapid development and growth in sustainability disclosure initiatives and regulations worldwide. The Hong Kong Securities and Futures Commission (SFC) has been monitoring policy developments in green finance for some time. The SFC, along with several leading regulators and central banks, has acknowledged that environmental factors, especially those relating to climate change, are a source of financial risk. The increased interest in ESG funds also calls for internationally compatible guidance to facilitate product disclosure and reporting.

Singapore: ESG Standards Withi…