HKEX climate norms will be ‘most stringent ESG requirements' in Asia

Hong Kong Stock Exchange's proposed climate disclosures for all issuers are set to become the toughest environment, social and governance (ESG) requirements across the Asia Pacific, according to one industry expert. Still, increasing and tougher disclosures are aligning with asset owner needs for more information about what their portfolio companies are doing to assess and mitigate climate risks. “These new rules represent a significant upgrade from the current “comply or explai…