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Navigating the Future of Climate-Related Disclosures: Preparing for ISSB Compliance

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On 13th May, Our Hong Kong Foundation partnered with the Hong Kong Green Finance Association (HKGFA) and the CDP to host a workshop specifically tailored for listed companies, corporate entities, and sustainability market service providers. 

The workshop was designed with the objective to align the operations of listed companies with the imminent ISSB climate disclosure requirements, which will be effective from 1 January 2025, set forth by HKEX. This initiative has been integral in boosting corporate preparedness for upcoming regulatory shifts. The panelists pointed out that initiating the climate disclosure process would be crucial to ensure climate accountability and to effectively communicate companies’ social responsibilities to the public.

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In an era where the importance of climate accountability surpasses mere sustainability to emerge as a key financial concern for corporate entities, the HKGFA is set to organize a training session tailored to prepare listed companies for the forthcoming International Sustainability Standards Board (ISSB)-aligned climate disclosure requirements mandated by HKEX. It will address the challenges related to enhancing disclosure capabilities and data accessibility, offering insightful and actionable strategies to effectively overcome these barriers. Given the upcoming enforcement of climate-related disclosure requirements by HKEX in early 2025, this training emerges as a crucial resource for companies striving to synchronize their reporting processes with the dynamic landscape of environmental accountability and regulatory compliance.

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