Hong Kong launches consultation on ESG code for ratings and data providers
The Voluntary Code of Conduct Working Group (VCWG), sponsored by the SFC, will work with the Secretariat at the International Capital Market Association.
ShanonG
May 21, 2024
As Asia Pacific's financial community steps up its efforts to decarbonise society, a consultation on a voluntary code of conduct for environmental, social and governance ESG ratings and data products’ providers has been launched in Hong Kong.
Hong Kong’s ESG ratings and data products' providers in the Voluntary Code of Conduct Working Group VCWG, sponsored by the Hong Kong Securities and Futures Commission SFC, have agreed to work with the Secretariat of the International Capital Market Association ICMA to form the code. Together they are aiming to develop a voluntary Code of Conduct for ESG ratings and data products providers.
The consultation, according to a...
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