ASIA REGULATORY ROUND UP – HK STOCK EXCHANGE, CENTRAL BANK AND FINANCE MINISTRY REFORMS TO OFFER GREEN ACCOUNTING WORK

HONG Kong accountants may see an increase in demand for non-financial assessments, with the HK Stock Exchange consulting on proposed new environmental, social and governance (ESG) reporting. It is proposing introducing mandatory disclosure requirements to include board statements considering ESG issues; and what reporting principles are used to develop company ESG reports. Listed companies would also have to disclose significant climate-related issues of past and future impact. And rules on key social and environmental performance indicators would also be ...


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