Our Banking & Finance partners Francis Chen, Dion Yu and Angie Chan, Corporate & Securities partner Chester Wong and Litigation & Dispute Resolution partner Raymond Chan contributed to the Hong Kong chapter in the third edition of Lexology’s In-Depth: Sustainable Finance Law. The chapter discusses the new developments in Hong Kong’s governance regime in sustainable finance, and summarises the latest initiatives by the Hong Kong government and major regulators to promote sustainable finance and enhance governance.
The chapter highlights key updates in the ESG reporting framework, which includes a combination of mandatory and ‘comply-or-explain’ disclosure requirements for Hong Kong’s listed companies and financial institutions. It also provides an overview and discusses the expansion of Hong Kong Taxonomy on Sustainable Finance as well as the opportunities and challenges for Hong Kong to transform into an international green finance centre. The chapter also includes the recent developments in sustainable finance incentives, carbon markets and carbon trading, green technology and legal landscapes in Hong Kong.
This report was originally published in Lexology’s In-Depth Sustainable Finance Law: Hong Kong and is reproduced with permission.
