HKMA and SFC Cross-Agency Steering Group Announces Collaboration with CDP to Facilitate Climate-Related Risk Disclosures by Small and Medium Enterprises

On 20 December 2022, the Green and Sustainable Finance Cross-Agency Steering Group (the “Steering Group”) co-chaired by the Hong Kong Monetary Authority (“HKMA”) and the Securities and Futures Commission (“SFC”) announced that it has entered into a collaboration arrangement with CDP, an international non-profit organisation that runs the global environmental disclosure system for companies, cities, states and regions.

Through this collaboration, the Steering Group and CDP seek to:

  1. enhance climate and environmental disclosure in
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The HKMA and SFC Cross-Agency Steering Group Launches Sustainable Finance Internship Initiative

On October 12, 2022, the Green and Sustainable Finance Cross-Agency Steering Group (the “Steering Group”) co-chaired by the Hong Kong Monetary Authority (“HKMA”) and the Securities and Futures Commission (“SFC”) launched the Sustainable Finance Internship Initiative (the “Initiative”). The Initiative aims to create more internship opportunities in Hong Kong for university students and to enhance organisations’ sustainability credentials.

As part of the Initiative, the Steering Group will provide interns with training on … Read the rest