Hong Kong firms need to prepare for nature, biodiversity-related disclosures, experts say

Quick Summary:

In future, local companies may be asked by regulators about the impact of nature-related risks and opportunities on their operations.

There has been a significant and growing need for improved disclosures on biodiversity, ecosystems and services that nature provides, the International Sustainability Standards Board said in April, citing feedback from investors.

Financiers increasingly want businesses to show that they are managing the matter well, he added.

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Article Details

Author / Journalist: Eric Ng

Category: Business

Markets: Hong Kong

Topics: Biodiversity Managing Disclosures Hong Kong Sustainability Nature Businesses Nature-related Risks Investors

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 19:00:25 (22 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 197 words

Reading Time: 2 minutes read

Sentences: 6 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22490455

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Official Website: scmp.com

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