Hong Kong ESG Reporting Guide

The Hong Kong Stock Exchange (HKEX) ESG Reporting Guide sets mandatory ESG disclosure requirements for all listed companies. Updated in 2024, the Guide aligns with international standards including ISSB and TCFD.

Framework Overview

The Guide is structured around two subject areas:

Subject Area A: Environmental — Emissions, Resources, Environment & Natural Resources, Climate Change
Subject Area B: Social — Employment, Health & Safety, Development & Training, Labour Standards, Supply Chain, Product Responsibility, Anti-corruption, Community

Reporting Requirements

Mandatory Disclosure Requirements (MDRs) — Must disclose or explain non-disclosure
Recommended Disclosures (RDs) — Encouraged but not mandatory
Comply or Explain — Companies must comply with all MDRs or explain why not

Key Updates (2024)

• Climate-related disclosures aligned with ISSB IFRS S2
• Scope 3 GHG emissions disclosure required (phased approach)
• Biodiversity considerations added
• Enhanced governance requirements

Why HK ESG Guide Matters

Hong Kong is a major financial hub with over 2,600 listed companies. The ESG Guide drives corporate sustainability practices across Asia and influences supply chains globally.

Primary Source Documents

From ESG Library

• ESG Reporting Made Simple (IFRS/SASB) — Includes HKEX ESG Guide implementation guidance

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Part of ESG Hub | Curated by Ascent Partners Foundation