The Stock Exchange of Hong Kong finished a consultation reviewing the ESG (Environmental, Social and Governance) Reporting Guide and related listing rules in late July. The key focus of the consultation is to improve listed companies’ governance and disclosure of ESG activities and metrics, while emphasizing the board’s leadership role and accountability in ESG and the governance structure for ESG matters. The consultation also seeks to highlight that materiality in respect of ESG is key to meaningful and concise reporting.
Sustainability is among the biggest global issues of our time. The United Nations’ Principles of Responsible Investment defines responsible investment as a strategy and practice to incorporate ESG factors in investment decisions and active ownership. In 2015, 17 Sustainable Development Goals (SDGs) of the 2030 Agenda for Sustainable Development adopted by world leaders in 2015 at the UN Summit were officially came into force. By 2030, countries will mobilize efforts for sustainable economic growth while tackling climate change and ending all forms of poverty.
As one of the most influential business magazines in Hong Kong with a global vision and Greater China connection, the Chinese Edition of Bloomberg Businessweek is proud to co-organize the “ESG Forum and Leading Enterprises 2019” with Deloitte, in order to advocate sustainable development and responsible investment, facilitate the exchange ESG best practices, and recognize enterprises with outstanding ESG performance.