Climate change: Hong Kong companies face challenge as global guidance on reporting greenhouse gas emissions change

The Task Force on Climate-Related Financial Disclosures (TCFD) has released new guidance asking companies to change the way they report their greenhouse gas emissions, posing a challenge for businesses in Hong Kong as the city aims to align its listed firms with the framework by 2025.The international organisation of 32 members, set up by the Basel-based Financial Stability Board in 2015 to develop guidelines for voluntary climate-related financial disclosures across industries, updated its…


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