The Hong Kong Stock Exchange (the “HKEx”) has issued a consultation paper on “Review of the Environmental, Social and Governance (“ESG”) Reporting Guide (the “Guide”) and Related Listing Rules” (“Listing Rules”) (“the consultation paper"). This is the second consultation on the revision of the Guide conducted by the HKEx since the launch of the Guide in 2013. The HKEx has proposed to implement the revised “Listing Rules” and the “Guide” for the fiscal year beginning on or after January 1, 2020. In other words, issuers are required to publish ESG Reports according to the revised Guide starting from 2021.

Based on our extensive experience ESG advisory, AVISTA Risk Advisory has summarized the major revisions in this consultation with comparisons of previous guides.

Please click here to read the full summary.