Hong Kong Commerce and Economic Development Bureau: Taking multiple measures to help small and medium-sized enterprises integrate ESG concepts to enhance the competitiveness of Hong Kong companies.

According to the China Securities APP, on May 30th, the Director of the Hong Kong Trade and Economic Development Bureau, Benjamin Chan, stated at the Asia-Pacific Small and Medium-sized Enterprises ESG Forum that it is important to ensure that Hong Kong can continue to develop and move forward, and promoting ESG is an important part of this work. He pointed out that Hong Kong has over 340,000 small and medium-sized enterprises, accounting for over 98% of all business units in Hong Kong, but these enterprises face challenges such as rising costs and lack of knowledge when integrating ESG concepts. In response, the government actively introduces measures to support the development of ESG-related businesses by enterprises to enhance the competitiveness of Hong Kong businesses.