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Environment & Sustainability CommitteeCommittee Activities

 

Synergies Across the Value Chain: Making Scope 3 Decarbonization Progress for Buildings and Infrastructure

Following the committee meeting on April 10, members attended a seminar titled "Synergies Across the Value Chain: Making Scope 3 Decarbonization Progress for Buildings and Infrastructure" co-organized with French Chamber of Commerce and Industry in Hong Kong (FCCIHK) to explore the latest insights into decarbonization strategies for Scope 3 emissions in the buildings and infrastructure sectors.

Our Keynote speaker, Arthur Lee, Commissioner for Climate Change, Environment and Ecology Bureau, presented Hong Kong’s progress, carbon neutrality targets and decarbonization strategies. The panel also featured Jasper Chan, Senior ESG Manager of Towngas; Pascaline Hayoun, Chief Executive Officer of Saint-Gobain Hong Kong & Macau; and Wallace Lin, General Manager, Facilities Management & Sustainable Development of Swire Properties Limited. The session was expertly moderated by Melanie Kwok, Vice Chairman, Environment & Sustainability Committee of Hong Kong General Chamber of Commerce and Deputy General Manager (Sustainability & Innovation) of Sino Group, along with Jonathan Chiu, Co-President of the Smart City Committee at the French Chamber of Commerce and Industry in Hong Kong and President, Schneider Electric Hong Kong. Key discussion points included a detailed analysis of successful case studies and the role of innovative technologies in reducing emissions. The panel speakers also highlighted the challenges faced and the solutions that could facilitate progress in decarbonization efforts.

The seminar provided a comprehensive overview of the future trends in sustainable buildings and construction as well as the expectations of industry leaders to achieve carbon neutrality.

 

2025/04/10

HKEX's Climate Disclosure Requirements: Implementation Roadmap and Regulatory Guidance

On January 17, Christine Lau, Vice President of Listing Policy and Secretariat Services at Hong Kong Exchanges and Clearing Limited (HKEX), outlined the key features of HKEX's Climate Disclosure Requirements, which will take effect for financial years commencing in January 2025. Lau discussed the international alignment of these requirements and their broader market implications, and provided an update on HKEX initiatives following the release of the Conclusions on Climate Disclosure Requirements.

The requirements aim to enhance transparency and accountability in the capital markets, with an implementation roadmap and regulatory guidance to facilitate compliance. Lau highlighted HKEX's ESG journey, the adoption of ISSB standards in Hong Kong and details regarding implementation reliefs. These reliefs assist issuers in meeting the new climate-related disclosure requirements without imposing undue burdens and address various challenges they may encounter due to limited resources or expertise.

Additionally, members were briefed on the proposed Committee Year Plan. They actively engaged by expressing their interests in specific topics and visits they would like to explore further.

2025/01/17
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