Page 58 - 期货和衍生品行业监管动态（2022年6月）

期货和衍生品行业监管动态

Government data sources relevant to the assessment of physical risks in
Hong Kong, including historical data on catastrophe damages, district level

micro-climate conditions (such as tropical cyclones, flooding, landslides and

storm surges) as well as geographic data and a co-ordinates transformation

tool; and

 Planning to create a free and publicly accessible greenhouse gas

emissions estimation tool, with clearly-disclosed methodologies, that

companies can use as an alternative source of information.

Taxonomies and sustainability reporting

The Steering Group has been engaging with the industry and other relevant

stakeholders to better understand the features and challenges of the local green
classification framework. Following the publication of the updated Common Ground

Taxonomy (CGT) report by the International Platform on Sustainable Finance (Note
1), the Steering Group will, with support from experts, work towards proposing the

structure and core elements of the local green classification framework for

consultation.

A key focus of financial regulators globally is to facilitate capital allocation for

the transition to a low carbon economy. As a global baseline for sustainability

reporting, the International Sustainability Standards Board (ISSB) aims to produce the

first set of international sustainability standards in late 2022 or early 2023 (Note 2).

The Steering Group encourages market participants to respond to the ISSB public

consultation on its proposed standards, which will close on 29 July 2022.

As a priority, the Securities and Futures Commission (SFC) and the Hong Kong

Exchanges and Clearing Limited (HKEX) are evaluating a climate-first approach to
implement the ISSB standards for Hong Kong listed companies. An SFC-HKEX joint

working group is looking into the readiness of listed companies to report under the
proposed draft disclosure requirements and the challenges they face.

Carbon market opportunities

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