Climate Change Impact on Hong Kong and China Firms' Emissions Targets
Monday, 27 May 2024, 00:00
Impact of Low Credibility in Emissions Targets
The MSCI study found that only 1% of large-cap Hong Kong-listed firms in the MSCI AC Asia-Pacific IMI index have set greenhouse gas reduction targets considered 'fully' credible, revealing a significant disparity compared to regional peers.
Key Findings:
- Less than regional average firms in Hong Kong and mainland China have credible emissions targets.
This report underscores the importance for companies in these regions to strengthen their commitment towards sustainable practices to address the pressing issue of climate change.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.