How does the HKQAA Climate Impact GPS Campaign support sustainability disclosure?

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The HKQAA Climate Impact GPS Campaign Aids Sustainability Disclosure by Providing Resources and Training

The HKQAA Climate Impact GPS Campaign, launched earlier this year, is designed to bolster organizations' capacity in addressing climate-related risks and opportunities, thereby preparing them for mandatory climate-related financial disclosures. This initiative offers a suite of industry-based technical guidance, workshops, and software tools, including a specific calculator for scope 3 greenhouse gas emissions, all provided at no cost to participating entities. The campaign directly supports the sustainability disclosure policies set forth by the national government and the HKSAR Government.
Campaign Offers Technical Guidance and Tools

The campaign provides practical resources to help organizations navigate the complexities of sustainability disclosure. These include industry-specific technical guidance documents and hands-on workshops. A key component is the provision of software tools, most notably a scope 3 greenhouse gas emissions calculation tool, which enables companies to accurately measure and report their indirect emissions. These resources are crucial for building internal expertise and systems necessary for comprehensive climate reporting.
Focus on Building Capacity for Climate Disclosures

A primary objective of the HKQAA Climate Impact GPS Campaign is to enhance the capability of organizations to manage and report on climate-related matters. By engaging sectors such as banking and listed companies, the campaign aims to equip them with the knowledge and tools needed to identify, assess, and respond to climate-related risks and opportunities. This proactive approach ensures that businesses are well-prepared for the increasing regulatory demands for climate-related financial disclosures.
Pilot Program Recognizes Early Adopters

To gauge the effectiveness of its offerings and encourage early engagement, the campaign included a Pilot Program. Nearly 90 organizations participated in this pilot phase and were subsequently recognized for their involvement. These participating organizations gained early access to the technical guidance, workshops, and software tools, allowing them to refine their sustainability disclosure practices ahead of broader implementation.
Free Access Encourages Widespread Participation

The HKQAA Climate Impact GPS Campaign is accessible to organizations without any financial burden, a strategy designed to maximize participation across various sectors. This free access removes a significant barrier, encouraging a broader range of businesses, from large corporations to smaller enterprises, to engage with the provided resources. The aim is to foster a widespread adoption of robust sustainability disclosure practices throughout the economy.

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How does the HKQAA Climate Impact GPS Campaign support sustainability disclosure?

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