Climate disclosure, materiality assessment and board governance support for Hong Kong and A+H dual-listed issuers since 2021.

All issuers must disclose Scope 1 and Scope 2 greenhouse gas emissions. Constituents of the Hang Seng Composite LargeCap Index (that were in the index for the whole of the preceding year) must make full mandatory disclosure of Part D of the ESG Reporting Code for financial years commencing in 2026, including Scope 3; those reports are generally published in 2027. For other Main Board issuers, the remaining Part D provisions apply on a "comply or explain" basis. The HKEX Code and FAQs, as updated from time to time, prevail.

A December year-end ESG report is usually published in the same week as the annual report. Data inventory, Scope 3 supplier questionnaires and board climate-oversight records should not be left until the first quarter of the following year. Market practice in Hong Kong is to complete the framework and gap analysis before year-end, then lock numbers, reconcile and deliver after year-end.

HKEX disclosure is a Listing Rule obligation. The text goes into Hong Kong annual reports, circulars and board papers, and often needs Chinese-English alignment. A local adviser works with the Code, FAQs, the LargeCap / non-LargeCap boundary, and whether the Chinese and English drafts rest on the same set of numbers.

AMMO prepares and advises on ESG reports, undertakes internal control reviews and financial translation, and provides business and property valuation through partners. We do not replace the auditor's opinion on the financial statements, and we do not put unverified emissions or social data into a report.

No. HKEX already requires a minimum disclosure (Scope 1 and Scope 2) of listed issuers. Small and mid-cap listed issuers still file an annual report; the difference is the mandatory scope of Part D, not whether disclosure is required. Pre-IPO companies preparing for a Hong Kong listing typically rehearse against the same Code.

Our fees are scoped based on your listing board, financial year-end, whether this is a first-year or switch engagement, and the depth of climate and Scope 3 work required. Following a short briefing, we provide a clear proposal with scope, timeline and fee band. Where deliverables can be defined upfront, we favour fixed-scope engagements rather than open-ended enterprise retainers.