Hong Kong regulators unveil plan to strengthen sustainable finance by 2028. Expand taxonomy to cover 25 activities in six sectors.
The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) have introduced a comprehensive three-year plan to solidify Hong Kong's position as a leading sustainable finance hub in Asia. As part of this strategy, they aim to broaden the existing taxonomy to include 25 different economic activities spanning across six key sectors. This initiative signifies a significant step towards enhancing Hong Kong's capabilities in sustainable finance and promoting environmental, social, and governance (ESG) awareness in the region.
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