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Hong Kong to Implement New Climate Audit Standards by End-2022

Buildings shrouded in smog in Hong Kong, China — Buildings shrouded in smog in Hong Kong, China
Photographer: Billy H.C. Kwok/Bloomberg

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November 5, 2021, 9:46 AM UTC

Hong Kong is looking to endorse and implement the just introduced climate-related global audit standards by the end of 2022, the head of the city’s financial watchdog said.

The new guidelines set up by International Sustainability Standards Board will be incorporated into the city’s audit framework and listing rules by the end of next year through early 2023, Securities and Futures Commission Chief Executive Ashley Alder told reporters on Friday.