Disclosure Framework: The ISSB Countdown
Hong Kong's ISSB Roadmap: The Countdown to 2028
HK Standards live Aug 2025, large PAEs fully aligned by 2028 — the master plan decoded milestone by milestone.
Deep dive →HKEX Climate Rules: IFRS S2 Enters the Listing Rules
Three issuer tiers on three clocks — LargeCap Scope 1+2 mandatory FY2025, everything mandatory FY2026.
Deep dive →Product Rules: What Counts as "Green"
SFC ESG Fund Circular: Naming, Disclosure, Annual Assessment
21EC27's three hard rules — ESG must be a key investment focus to claim the name.
Deep dive →Hong Kong Taxonomy: What Officially Counts as Green
12 activities, 4 sectors, interoperable with CGT/Mainland/EU — the objective greenwashing yardstick.
Deep dive →Banking & Market Infrastructure
HKMA Bank Climate Rules: GS-1 to GS-2
Hard expectations inside the policy manual — four pillars plus mandatory transition planning from Sep 2026.
Deep dive →Green Bonds & Grants: The Market Built with Cash
HK$500bn programme ceiling, ~US$28bn issued — sovereign credit as market infrastructure.
Deep dive →Data & Enforcement Lines
ESG Ratings & Data: The Gap Behind Trillions
The voluntary code with five signatories — a regime that puts the duty on the user.
Deep dive →Greenwashing Lines: Three Legal Consequences, No Dedicated Law
Product rules + SFO s.103 + Trade Descriptions Ordinance — the enforcement toolkit already exists.
Deep dive →