OTC:ANPDF

ESG reporting: Hang Seng companies have transparency shortcomings

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星期四, 十二月 15, 2022

With a rate of 97 percent, a generally high level of willingness exists among Hang Seng Index companies to base their non-financial reporting on a standard international framework.

Key Points: 
  • With a rate of 97 percent, a generally high level of willingness exists among Hang Seng Index companies to base their non-financial reporting on a standard international framework.
  • However, Hang Seng companies are less likely to address socioeconomic or political conditions (75 percent and 54 percent respectively).
  • The relevant topics of Environment, Social and Governance are covered by a majority of Hang Seng companies in their non-financial reports.
  • "However, an enormous amount of work will be required for Hang Seng companies to ensure that their reports can contribute to sustainable change through transparency."