Speaker(s)

Description

Hong Kong has introduced its Sustainability Disclosure Standards (SDS), which include the General Requirements for Disclosure of Sustainability-related Financial Information and Climate-related Disclosures, to align fully with the International Financial Reporting Standards S1 and S2 (IFRS S1 and S2) issued by the International Sustainability Standards Board (ISSB).

Effective from 1 August 2025, the new standards aim to enhance sustainability-related financial disclosures in Hong Kong. The decision for this alignment was informed by extensive public consultations and feedback from a wide range of stakeholders, ensuring that the standards meet local needs while adhering to global benchmarks. This strategic initiative positions Hong Kong as a pivotal international financial center, strengthening the link between global capital and local enterprises, including those in the Chinese mainland.

In this seminar, Mr Ernest Lee HKFCG(PE), Immediate Past President, HKCGI; and Partner, Audit & Assurance / Technical, Deloitte China, will brief the development journey of the Sustainability Disclosure Standards, discuss the rationale behind their creation and the importance of aligning with international standards, and share practical considerations for the adoption of new standards.

Join us to explore how robust and standardised sustainability reporting can drive sustainable growth, and contribute to a resilient and vibrant economy in Hong Kong, ultimately enhancing the region's competitive edge in the global market.

(Recorded in February 2025)

Level: Intermediate

Speaker's bio:
Mr Ernest Lee