Charltons responds to HKEX consultation on mandatory climate change disclosures

Charltons has submitted a response to the Hong Kong Stock Exchange’s April Consultation Paper on proposals to make climate-related disclosures in listed companies’ ESG reports mandatory, rather than ‘comply or explain’, requirements and to introduce additional climate-related disclosures based on the ISSB Climate Standard. The proposed implementation date for the revised Listing Rules is 1 January 2024, although a lower standard of disclosure will be allowed for some disclosures for the first two reporting years, with full compliance required from 1 January 2026. For further details of the proposals, please see “HKEX Consults on Mandatory Disclosures in ESG Reports”.