The Hong Kong government has announced a roadmap for implementing International Financial Reporting Standards – Sustainability Disclosure Standards (ISSB Standards) across public entities by 2028.
According to the outlined plan, all companies will need to comply with ISSB climate disclosures starting January 1, 2026. Financial regulators and publicly accountable entities in Hong Kong will be expected to adopt these standards by 2028 at the latest.
This roadmap introduces new mandatory climate reporting requirements and highlights additional support for the ecosystem through enhanced sustainable financing initiatives and an expanded Hong Kong Taxonomy for Sustainable Finance.
Christopher Hui, Secretary for Financial Services and the Treasury, emphasized that “as a premier international financial centre and green finance hub, Hong Kong is consolidating its competitiveness through observing international standards and best practices.”
This initiative positions Hong Kong as a global leader in sustainable finance and reaffirms the nation’s commitment to climate and sustainability-related policies.