HKEX Chairman on ESG, Diversity

Laura Chow, the first female chief of the Hong Kong Stock Exchange, discusses the importance of ESG and diversity in the financial sector. She emphasizes the exchange's role in promoting these values and the challenges in implementing them. Chow highlights the need for market consultation in rule changes and the importance of stakeholder engagement in advancing ESG principles.

What role does Laura Chow believe stock exchanges have in promoting ESG and diversity?

• To focus solely on financial performance

• To ignore ESG and diversity

• To impose quality and disclosure requirements

• To only discuss ESG and diversity

What is the main difference between compliance and commitment to ESG principles?

• Compliance is about ticking boxes, commitment is about genuine integration

• Compliance is optional, commitment is mandatory

• Compliance is faster to achieve than commitment

• Compliance is more expensive than commitment

What does Laura Chow suggest is necessary for effective rule changes in the stock exchange?

• Making all changes mandatory

• Implementing changes without consultation

• Ignoring market participants' views

• Conducting market consultations for buy-in

How does Laura Chow view the role of stakeholder capitalism in ESG?

• As a hindrance to ESG

• As an integral part of ESG

• As a separate issue from ESG

• As irrelevant to ESG

What is the approach Laura Chow hopes to take with ESG rule changes?

• To make them optional for companies

• To delay them indefinitely

• To ensure market buy-in and lead the change

• To enforce them without consultation