Amendments to the Environmental, Social and Governance Reporting Guide and related Listing Rules

On 18^th December 2019, the Hong Kong Exchange published Consultation Conclusions to proceed with amendments to the ESG reporting requirements. To cope with changes in the reporting requirements, issuers need to strengthen their board accountability, ESG risk management, materiality assessment, stakeholder engagement and environmental target formulation. In this issue, CCA has summarized the focuses of all the adopted changes. It is clear that listed companies will need to start preparing for the new requirements in ESG reporting.