Hong Kong tightens ESG disclosure rules to attract investors

Pedro Gonçalves
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Hong Kong tightens ESG disclosure rules to attract investors

The Hong Kong Stock Exchange is set to demand greater disclosure on environment, social and governance issues in what is expected to attract more Western investors to the city.  The rules, which will become effective on July 1, include making boards of directors responsible for environmental, social and governance (ESG), instead of leaving it to a small team led by mid-level executives as is currently the case. Companies are also required to disclose how climate change will affect their...

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