HKICPA welcomes the Government’s Roadmap on Sustainability Disclosure in Hong Kong

The Hong Kong Institute of Certified Public Accountants (HKICPA) welcomes the Government’s Roadmap on Sustainability Disclosure, outlining Hong Kong’s adoption of the IFRS Sustainability Disclosure Standards (ISSB Standards). As the designated sustainability reporting standard setter, HKICPA will publish the HKFRS Sustainability Disclosure Standards (HKFRS SDS), fully aligned with ISSB Standards, by year-end. HKICPA President Edward Au emphasized the Roadmap’s role in strengthening Hong Kong’s sustainability reporting framework and its position as a green finance hub. Following extensive consultations, HKICPA will prioritize the HKFRS SDS’s phased application for large publicly accountable entities and continue collaborating with stakeholders to build a comprehensive sustainability disclosure ecosystem.

Resources: https://www.hkicpa.org.hk/en/News/News-Release/20241210_HKICPA-supports-HK-Sustainability-Roadmap