The amendments, which will become effective from 1 January 2025, aim to reflect the ISSB Climate Standards to the maximum extent possible.
In April 2024, the Stock Exchange of Hong Kong Limited (the Exchange) released the consultation conclusions (the Consultation Conclusions) to its earlier Consultation Paper on Enhancement of Climate-related Disclosures under the Environmental, Social, and Governance (ESG) Framework (the Consultation Paper). The concluded measures will amend the existing ESG framework to mandate Hong Kong listed issuers to make climate-related disclosures (the New Climate Requirements) based on the IFRS S2 Climate-related Disclosures published by the International Sustainability Standards Board (ISSB) in June 2023 (the ISSB Climate Standard). The amended Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the Listing Rules) will come into effect on 1 January 2025.
Please see full publication below for more information.