Meeting requirements for listed companies in Hong Kong, and Benefits of enhanced transparency, disclosure and stakeholder engagement
The Hong Kong Exchanges and Clearing Limited is consulting stakeholders in Hong Kong in preparation for the launch of ESG reporting requirements for companies listed in Hong Kong, likely by the end of 2015 or early 2016. Corporate reporting on governance, environmental, health and safety (EHS), and social performance has been expanding rapidly since the launch of the Global Reporting Initiative (GRI)’s Guidelines on Sustainability Performance in the late 1990s. Hong Kong also saw its first EHS report in 1997, which was prepared by CLP Hong Kong, followed by sustainability and integrated annual reports and ongoing web-based disclosures. Locally, other companies such as Swire Pacific, Cathay Pacific, MTR, Shangri-La, Hongkong and Shanghai Hotels, Li & Fung, the Link REIT, New World and others report on their ESG performance and some are recognised through the Hang Seng, Dow Jones, and/or FTSE4Good Sustainability Indices, and the HKCSS’s Caring Company or other recognition schemes.
Ms Anne Copeland, Director and Sustainability Advisor, Copeland & Partners Ltd
Ms Ellie Pang, Vice President, Policy and Secretariat Services Unit, Listing Department, Hong Kong Exchanges and Clearing Limited
Dr Jeanne Ng, Director - Group Sustainability, CLP Power Hong Kong Limited
Mr Rando Yuen, (ESG) Manager, Sa Sa International Holdings Limited
This event is co-hosted by the Australian, British, Canadian, Norwegian and Singaporean Chambers of Commerce.