avarni

Climate Reporting Compliance for Hong Kong Businesses

Navigate HKEX mandatory climate disclosures and ISSB-aligned requirements

Designed to pass audit every time
Built for finance & HSE professionals
Australia-based, CSIRO-backed

15+

Markets

1,000+

Integrations

CSIRO

Backed AI

$473B+

Data Analysed

Regulatory requirements

HKEX ESG Reporting Guide & Climate Disclosure Requirements

Hong Kong has mandated climate-related disclosures for listed companies through the HKEX ESG Reporting Guide, requiring ISSB-aligned (IFRS S2) climate disclosures from January 2025. The requirements cover governance, strategy, risk management, and metrics and targets, with the Securities and Futures Commission (SFC) overseeing climate reporting for asset managers.

Who must report

All companies listed on the Main Board of HKEX for financial years commencing on or after 1 January 2025 on a mandatory basis. GEM-listed issuers expected to follow. SFC-licensed asset managers with AUM above HKD 8 billion must make climate-related disclosures.

Penalties

HKEX enforcement actions including public censure, suspension of trading, and delisting in severe cases. SFC disciplinary actions for licensed fund managers including fines and licence revocation.

Frameworks

ISSBHKEXTCFD

Key compliance deadlines

April 2023

HKEX consultation published

HKEX published a consultation paper proposing mandatory climate-related disclosures aligned with ISSB standards for all Main Board issuers.

April 2024

Final rules issued

HKEX issued the final climate disclosure requirements, confirming mandatory ISSB-aligned reporting from 2025 with interim provisions for certain disclosures.

January 2025

Mandatory reporting begins

All Main Board issuers must make climate-related disclosures aligned with IFRS S2 for financial years commencing on or after 1 January 2025.

January 2026

Interim provisions expire

Interim relief for Scope 3 emissions and certain climate scenario analysis requirements expires, with full compliance required.

How Avarni helps you comply

Enterprise-grade carbon accounting software designed for complex organisations and strict regulatory requirements.

Scope 1, 2 & 3 Emissions

Comprehensive emissions calculation across your entire value chain, with AI-driven factor selection.

Framework Reporting

Generate reports aligned to TCFD, ISSB, CSRD, ESRS, and local regulatory frameworks.

Audit-Ready Outputs

Produce assurance-grade reports that satisfy auditor requirements and regulatory scrutiny.

1,000+ Integrations

Connect with your existing ERP, accounting, and procurement systems including Oracle, SAP, and Workday.

AI-Powered Analysis

CSIRO-backed AI engine automatically categorises and calculates emissions from complex datasets.

Real-Time Dashboard

Track your progress with live emissions data, compliance status, and supplier mapping.

Our Hong Kong presence

Office Address

Suite 3201, Two International Finance Centre, 8 Finance Street, Central, Hong Kong

Phone

+852 3758 2100

Our Hong Kong Team

Our Hong Kong team provides expert guidance on HKEX climate disclosure requirements and supports listed companies across the Greater China region in their transition to ISSB-aligned reporting.

With over 60 properties across Asia, our Scope 3 calculations were particularly challenging. Avarni's sector-specific emission factors and automated data collection saved us months of manual work.

Wong Mei-Ling

Head of ESG & Investor Relations, Asia Pacific Property Holdings Ltd

Get compliant before January 2025

Don't wait until the last minute. Start your Hong Kong compliance journey today.

Or call us to speak with a Hong Kong compliance specialist