Hong Kong companies must wield double-edged sword of ESG reporting with care
Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.
Putting more pressure on organisations in Hong Kong to deliver on their climate pledges is critical if the city is to achieve its net-zero goal. Using reporting standards to create greater transparency is a smart way to apply some of that pressure, but it also comes with reputational and business risks for firms.