HKEX Chair Calls for Uniform ESG Rules to Avoid Greenwashing Risks

The video discusses the challenges of defining compliance due to the lack of universal standards across industries. It highlights the financial implications for polluting industries, such as fossil fuels, and the role of financial institutions in withdrawing support. The discussion extends to the potential for lowering listing standards for innovative companies, particularly in renewable energy, to facilitate capital access. The video also covers the role of regulators in preventing greenwashing and promoting sustainable finance, with a focus on cross-departmental collaboration in Hong Kong.

Discuss the importance of having a universal set of standards for compliance across industries.

What are the potential benefits of encouraging innovative technologies in the market?