External Resources

CDP Corporate Questionnaires and reporting guidance

• Questionnaires and reporting guidance assisting corporates to disclose multi-environmental information relating to climate change, forests, water security, plastics, and biodiversity

CDP Technical Note: Reporting on Climate Transition Plans

• Guidance on how companies can demonstrate that they have a credible climate transition plan

Non-listed Company Questionnaire on Climate and Environmental Risk

• Questionnaire jointly developed by CDP and the Hong Kong Cross Agency Green and Sustainable Finance Steering Group to help corporates, especially non-listed companies and small and medium-sized enterprises, to get started in sustainability reporting

CDSB Framework for reporting environmental & climate change information

• A framework that helps companies prepare and present environmental information in mainstream reports for the benefit of investors

Corporate Sustainability Assessment for inclusion in the Dow Jones Sustainability Indices

• An assessment that helps companies identify and prioritise sustainability factors considered important by investors

GRI Sustainability Reporting Standards

• The first global standards and best practices for reporting on a range of ESG topics
  
  

Linking the GRI Standards and HKEX ESG Reporting Guide

• Guidance to help companies use disclosures from the GRI Standards to meet HKEX’s ESG reporting requirements

A Corporate Accounting and Reporting Standard

• Requirements and guidance for companies and other organisations to prepare a corporate-level GHG emissions inventory

Corporate Value Chain (Scope 3) Accounting and Reporting Standard

• Methodology that can be used to account for and report emissions from companies of all sectors, globally

GHG Protocol Scope 2 Guidance

• Guidance to standardise how corporations measure emissions from purchased or acquired electricity, steam, heat and cooling (i.e. Scope 2 GHG emissions)

Technical Guidance for Calculating Scope 3 Emissions

• A companion to the Corporate Value Chain (Scope 3) Accounting and Reporting Standard to provide information on:
  
  
  • Methods for calculating GHG emissions for each of the 15 categories of scope 3 emissions (such as purchased goods and services, transportation and distribution, and use of sold products);
  
  
  • Guidance on selecting the appropriate calculation methods; and
  
  
  • Examples to demonstrate each calculation method.

HKFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information (HKFRS S1)

• Requirements for disclosing information about an entity’s sustainability-related risks and opportunities that are aligned with IFRS S1

HKFRS S2 Climate-related Disclosures (HKFRS S2)

• Requirements for disclosing information about an entity’s climate-related risks and opportunities that are aligned with IFRS S2

HKICPA Resources

• Implementation Support Platform: An online portal for submitting technical implementation questions regarding HKFRS/IFRS S1 and S2 for discussion by the HKICPA’s Sustainability Disclosure Standards Committee representatives at its Implementation Platform meetings

• Sustainability Information Centre: An online centre for the latest development, thought leadership and learning resources on sustainability for accounting and non-accounting professionals

• Resource Centre for Sustainability Standards: A summary of professional standards, technical publications and reference materials relevant to sustainability reporting, assurance and ethics

IFRS S1 – General Requirements for Disclosure of Sustainability-related Financial Information 

• Requirements for disclosing information about an entity’s sustainability-related risks and opportunities
  
  

IFRS S2 – Climate-related Disclosures

• Requirements for disclosing information about an entity’s climate-related risks and opportunities
  
  

ESRS-ISSB Standards Interoperability Guidance

• Guidance describing the degree of alignment of disclosure requirements between the IFRS Sustainability Disclosure Standards (ISSB Standards) and the
  European Sustainability Reporting Standards (ESRS) that an entity needs to know in order to ensure compliance with both standards at the same time
  
  

Integrated Reporting Framework

• Framework setting out Guiding Principles and Content Elements that govern the overall content of an integrated report, and the fundamental concepts that underpin them
  
  

Integrated Thinking Principles

• A management approach for thinking holistically about the resources and relationships the organization uses or affects, and the dependencies and trade-offs between them as value is created
  
  

SASB Standards

• The SASB Standards are a source of guidance that help entities identify and disclose information about sustainability-related risks and opportunities in the absence of specific IFRS sustainability disclosure standards

ISSB Resources

• Knowledge Hub: A central repository of capacity-building resources, technical guidance, educational materials, e-learning modules and digital tools for preparers

• Transition Implementation Group on IFRS S1 and IFRS S2 (“TIG”): The TIG discusses, in a public forum, implementation questions that arise when entities implement IFRS S1 and S2. The forum allows the TIG to solicit, analyse and discuss stakeholder questions arising from implementation of the standards. It also enables stakeholders to learn about ISSB Standards from others involved with implementation

• Digital Taxonomy: Tools for digital reporting of sustainability-related financial disclosures

• CDSB Framework Application Guidance: While the Climate Disclosure Standards Board (“CDSB”) has been consolidated into the IFRS Foundation, CDSB’s Framework and technical guidance on Climate, Water and Biodiversity disclosures serve as a useful guidance for entities until the ISSB issues its IFRS sustainability disclosure standards on such topics

ISO 14001:2015 Environmental Management Systems

• Standard for organizations to design and implement an environmental management system, and continually improve their environmental performance

ISO 50001:2018 Energy Management Systems

• Requirements for establishing, implementing, maintaining and improving an energy management system to improve energy use

ISO 26000:2010 Guidance on Social Responsibility

• Guidance to clarify what social responsibility is, and to help companies translate principles into actions

Guidelines for Multinational Enterprises on Responsible Business Conduct

• Recommendations from governments to multinational enterprises on standards for responsible business conduct

Final Report: Recommendations of the TCFD

• Recommendations on climate-related financial disclosures to be included in the financial filings

Guidance on Metrics, Targets, and Transition Plans

• Guidance to support companies in the disclosure of climate-related metrics, targets and transition plans

Taskforce on Nature-related Financial Disclosure (TNFD) Recommendations

• Recommendations and guidance that encourage and enable business and finance to assess, report and act on their nature-related dependencies, impacts, risks and opportunities

Sustainable Development Goals (SDGs)

• 17 Goals, such as tackling climate change and preserving environment, being achieved by developed and developing countries in global partnership