“ESG and Green Finance Opportunities Forum 2023” on October 4 Themed Combating Climate-risks and Achieving a Sustainable Future

HONG KONG SAR – Media OutReach – 19 September 2023 – The Chamber of Hong Kong Listed Corporations (CHKLC) will stage the ESG and Inexperienced Finance Alternatives Discussion board 2023 on October 4. In its third time, the Discussion board is greatest timed to arrange native companies on extra stringent climate-related disclosure necessities and to remain forward of time with their ESG plans within the areas of transition finance, social influence investments and decarbonization applied sciences. Grasp Seng Financial institution stays steadfast in its dedication because the title sponsor, whereas Monetary Secretary Paul Chan Mo-po is about to ship the keynote deal with. The opening session will proceed additional with remarks from CHKLC’s Chairman, Catherine Leung, and Grasp Seng Financial institution’s Government Director and Chief Government, Diana Cesar. The Discussion board will deliver collectively over 20 specialists from worldwide monetary institutes, listed firms, regulatory our bodies and know-how start-ups to share their ideas and experiences across the theme of “Combating Local weather-risks and Attaining a Sustainable Future: Transition Finance and Modern Know-how”.

Transition Finance and Innovation Know-how to help low-carbon transition

Managing local weather dangers is without doubt one of the most essential challenges to companies lately because of mitigation prices and tightening disclosures necessities. By January 2024, climate-related disclosures are proposed to be necessary in listed corporations’ ESG reviews. Many conventional companies with increased GHG emissions are getting desperate to transition to low carbon, low emission operation via enterprise transformation. Transition Finance is pivotal within the shift in direction of a low-carbon financial system. In alignment with this, Grasp Seng Financial institution has been providing varied monetary merchandise to help company prospects’ sustainability efforts. These embrace sustainability-linked loans, inexperienced commerce financing, and inexperienced receivables financing options, all designed to combine sustainability into company packages.

Social Impression Investments to attach with communities

Nearly as good company residents, participating with social wants and connecting with the neighborhood are additionally thought-about as alignments to ESG necessities. There was rising advocacy amongst corporates to deal with social issues on prime of environmental wants, some even taking the lead in social influence investments. Decarbonization applied sciences have additionally been developed in response to local weather dangers and will be of nice assist to corporates in reaching low-carbon operations.

4 dialogue panels to deal with sizzling ESG matters

All these compelling points will thus be the main target of discussions within the coming ESG and Inexperienced Finance Alternatives Discussion board 2023 to be addressed within the following 4 panel discussions.

(1) Panel 1: Transition Finance – Tendencies, Alternatives and Challenges

Transition finance is to supply monetary help which helps high-carbon firms to begin implementing long-term adjustments to turn out to be greener. The traits and practices of transition finance, in addition to how corporates in Hong Kong and GBA can greatest put it to use of their local weather change endeavours can be mentioned.

(2) Panel 2: Social Impression Investments for Sustainable Progress

Going past decarbonization, financing must also be channeled to initiatives with optimistic social influence. This session will introduce social influence investments as means to advance sustainable growth objectives and consider present endeavours in Hong Kong and GBA.

(3) Panel 3: Regulatory Updates on ESG Reporting and Local weather Dangers Disclosures

Representatives from regulators HKEX and SFC are invited to share updates on the most recent climate-related guidelines and rules to arrange native companies for higher compliance and reporting.

(4) Panel 4: Decarbonization Technique and Know-how Software

Specialists will share progressive applied sciences and forward-looking methods to assist listed firms to achieve low carbon low emission operations and meet their carbon neutrality targets.

Monetary and ESG specialists as panel audio system

Monetary heavyweights, regulators, ESG veterans have been invited to talk on the 4 panels and share their helpful experiences. The listing consists of however shouldn’t be restricted to: Mr Paul MALAM, Head of Coverage and Secretariat Providers, Itemizing of HKEX; Ms Jennifer LEE, Director, Company Finance Division, SFC; Professor Simon HO, President of the Grasp Seng College of Hong Kong; Mr Frank HEUNG, Head of Structured Finance, Business Actual Property & Company Advisory of Grasp Seng Financial institution; Mr Anthony CHEUNG, Supervisory Board Member, World Benchmarking Alliance; Mr Ricco ZHANG, Senior Director, Asia Pacific of Worldwide Capital Market Affiliation; Ms Katherine KOH, International Local weather Lead for IFC Infrastructure; Mr Peter YAN, CEO, Cyberport, in addition to senior ESG executives from listed firms.

(Convention speaker listing and programme will be referred to
https://www.chklc-esgforum.com/web site/index.html)

For additional details about the “ESG and Inexperienced Finance Alternatives Discussion board 2023”, please contact (852) 2970 0886 or e mail to data@chklc.org.

Hashtag: #CHKLC

The issuer is solely accountable for the content material of this announcement.

Concerning the Chamber of Hong Kong Listed Corporations (CHKLC)

Integrated in September 2002, CHKLC is a non-profit organisation serving listed firms and different trade our bodies in Hong Kong. The Chamber strives to advertise sound company governance; operate as an efficient communication channel between listed firms and regulatory authorities; strengthen the linkage and foster cooperation amongst listed firms from Hong Kong and China and uphold Hong Kong’s place as a global monetary and capital formation centre. Since 2007, the Chamber organises the annual “Hong Kong Company Governance and ESG Excellence Awards” collectively with the Hong Kong Baptist College to advocate greatest practices of company governance, ESG and acknowledge excellence.

(https://chklc.org/en-us/)