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2024 Sustainable Development Report Reveals: Only 16% of SDG Targets on Track, Urgent Global Financial Reforms Needed

Since 2016, the global edition of the Sustainable Development Report (SDR) has tracked and ranked UN member states' performance on the Sustainable Development Goals...

Approximately 80% of participants showed agreement towards the implementation of mandatory climate-related disclosures

HKEX issued a Consultation Paper on April 14, 2023, proposing amendments to its ESG reporting framework. The proposed changes would require issuers to include climate-related...

The Implementation of Climate-related Disclosures by HKEX Has Been Postponed from 2024 to 2025

HKEX announced last Friday that the decision to postpone the implementation of the Listing Rule amendments by HKEX was influenced by the exposure draft...

IFRS S1 & S2 FAQ

Alaya Consulting is a member of the IFRS Consultant Content Programme. This programme is aimed at assisting consultancies in providing their clients with current...

How to get started with carbon accounting

Forthcoming regulations by the Hong Kong Stock Exchange (HKEX), which mandate companies to disclose their carbon emissions, have greatly heightened the significance of carbon...

The Irreversible Trend of ESG and Net Zero Carbon

The idea of environmental, social and governance (ESG) was first introduced in markets in 2005 in the backdrop of a landmark study called “Who...

Eat our way out of climate change

Climate change is a global issue that has to be dealt with urgently. While corporates and organizations are taking actions to reframe their businesses...

Sustainability-linked bond offers more flexibility

The Covid-19 pandemic has accelerated and strengthened the interest of different stakeholders in sustainable investment. The transition toward sustainability in financial markets has been...

SBT is Key to Future-proof Your Business

The Science-Based Target Initiative (SBTi), jointly developed by CDP, the United Nations Global Compact, the World Resources Institute and Worldwide Fund for Nature, aims...

Net-zero pledges increase credit pressure on major emitters

The recent proliferation of net-zero targets among governments and the financial sector – coupled with the increasing focus on disclosure around the risks of climate...

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