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Monthly Archives: June 2023

ESG Case Study: Circular Economy in Manufacturing Industry

Circular Economy: In a linear economy, we consume resources with the concept of “take-make-dispose”, which is an unsustainable production and consumption pattern. In contrast, the concept of “end-of-life” does not exist under the Circular Economy, materials are not discarded after they are used, instead, they are circulated in various ways. Throughout the years, there have been loads of academics coming up with the definitions of Circular Economy with their focus shifted towards the higher parts of the waste hierarchy. However, the literature studying the Circular Economy implementation in the manufacturing industry is still scarce.

2023-08-23T19:52:43+08:00June 20th, 2023|Categories: Manufacturing, Training|Tags: , |

Training Material on TCFD – Guidance on Metrics, Targets, and Transition Plans

Overview: Task Force on Climate-related Financial Disclosures (TCFD) released the Guidance in October 2021 to address recent developments and feedbacks from users, preparers, and other stakeholders in their implementation of the TCFD recommendations by providing additional guidelines for preparers regarding disclosures of climate-related metrics, targets and key information from transition plans.

2023-06-20T15:14:35+08:00June 20th, 2023|Categories: Uncategorized|Tags: , , |

GreenCo Publishes a Key Highlight for the Latest ESG Consultation Paper of the HKEX

On 14 April 2023, the Stock Exchange of Hong Kong Limited (“the Exchange”) under the Hong Kong Exchanges and Clearing Limited (“HKEX”) published a consultation paper seeking market feedback on proposals to enhance climate-related disclosures under the Environmental, Social and Governance (“ESG”) framework. The Exchange proposes to mandate all issuers to make climate-related disclosures in their ESG reports, and introduce new climate-related disclosures aligned with the International Sustainability Standards Board (“ISSB”) Climate Standard. With the proposed effective date of 1 January 2024, the interim provisions (shorter or simpler version) of certain disclosures are proposed for the first two reporting years following the effective day.

2023-06-09T12:06:35+08:00June 9th, 2023|Categories: GreenCo ESG Updates|Tags: |
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