The Stock Exchange of Hong Kong (HKEX) will implement mandatory climate-related disclosure requirements for listed companies, known as the “New Climate Requirements”, starting in 2025. These requirements align with the International Sustainability Standards Board’s (ISSB) IFRS S2 standards. All listed companies will be required to disclose Scope 1 and 2 greenhouse gas (GHG) emissions in the 2025 reporting year. Larger companies and those in the Hang Seng Composite LargeCap Index will also need to disclose Scope 3 emissions on a “comply or explain” basis in 2025. Mandatory disclosure of Scope 3 emissions for these large companies will follow in 2026.

Source: ESG News