19 July 2019
Mr Charles Li Xiaojia Chief Executive Officer Hong Kong Exchanges and Clearing Limited 8/F, Two Exchange Square, 8 Connaught Place, Central, Hong Kong
Dear Mr. Li,
Re: Consultation Paper on the Review of the Environmental, Social and Governance (ESG) Reporting Guide and Related Listing Rules
The Hong Kong General Chamber of Commerce is pleased to present our views in response to the consultation document of the Hong Kong Exchanges and Clearing Limited (“HKEx”) on the Review of the ESG Reporting Guide and Related Listing Rules (the “CP”).
The increasing prominence that the investing public attaches to corporate social responsibility is an important consideration that companies must take into account of and, in this regard, we welcome the HKEx’s efforts to improve the standards and quality of ESG reporting through this consultation exercise. We also believe that to encourage wider adoption such enhancements should be supplemented by further investments in education and training to promote better understanding of the intentions behind and benefits of ESG reporting.
We hope you will give our comments your due consideration.
Yours sincerely,
Shirley Yuen
CEO
Encl.
HKEX Consultation Paper May 2019 Review of the Environmental, Social and Governance (ESG) Reporting Guide and Related Listing Rules (the “CP”)
Response by the Hong Kong General Chamber of Commerce (“HKGCC”)
HKGCC Secretariat
[1] At p 3.
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