The first environment, social and government (ESG) index report for the Guangdong-Hong Kong-Macao Greater Bay Area was released on Dec 19.
Jointly made by CECEP Environmental Consulting Group Ltd, a subsidiary of China Energy Conservation and Environmental Protection Group (CECEP), and Hongkong and Shanghai Banking Corporation Limited (HSBC), the report provides a comprehensive evaluation of the ESG and of sustainable development performance in the Greater Bay Area that includes the Greater Bay Area ESG Regional Index and an index of the city, industry and company sub-indices.
The data will be updated every season to encourage cities and companies in the region to fully practice and improve ESG, and to help them better leverage their strengths, strengthen coordinated cooperation, and promote construction of the regional economic system with green, low-carbon and circular development.
CECEP was one of the first members of the Hong Kong International Carbon Market Council to participate in the establishment of the region's international carbon market trading platform and contribute to the strategic development of the Greater Bay Area and the construction of the international carbon financial market.
After the launch of Core Climate, a trading platform of the Hong Kong international carbon market, CECEP's subsidiary in Hong Kong became the first trader and completed the first carbon asset transactions based on the Hong Kong dollar and the RMB.
(Executive editor: Wang Ruoting)
