ELEVATE Strategic Partner Webinar: Setting environmental targets to meet HKEX compliance
Following similar rule changes in the US and EU, The Stock Exchange of Hong Kong (HKEX) adopted several revisions to the existing ESG reporting regime which took effect for financial years commencing on or after July 1, 2020. According to HKEX listing head David Graham, “The changes reflect the Exchange’s commitment to enhance Hong Kong’s ESG regulatory framework and to meet investor and stakeholder expectations in accordance with international best practices.” Under the new rules, issuers will be compelled to provide a board statement setting out its consideration of ESG issues and explain the boundaries and identification process used for specific entities or operations included in the ESG reports (Source).
On Thursday, July 16 ELEVATE will host a webinar to help you understand how to set targets that will lend you credibility with key stakeholders and build internal commitment to drive effective improvements across your company. Join ELEVATE’s Associate Director Jonathan Tong and guest speakers Sophia Wong, Senior Corporate Communications Manager, and Timothy Chu, Director- Technical Services at real estate investment trust Champion REIT as we introduce key changes to previous versions of the ESG reporting guide.
This 60-minute webinar will provide a deep dive into environmental target setting and disclosure including:
- describe a 3-step process for setting environmental targets and for communicating progress, and
- provide insights into Champion REIT’s target setting journey, applications of IoT and renewable energy for energy-saving measures, and the setup of an internal implementation task force.