Updates on jurisdictional adoption of sustainability reporting

This include: 

• Hong Kong – The Hong Kong Institute of Certified Public Accountants (HKICPA) has issued an invitation to comment on Exposure Drafts of HKFRS S1 (General Requirements) and HKFRS S2 Climate-related Disclosures. The proposed standards are fully aligned with the IFRS SDS. The consultation is open until 27 October 2024. 
• Malaysia – The Malaysian Stock Market (Bursa Malaysia) has issued consultation on proposed amendments to the listing rules in relation to sustainability reporting. These listing rules changes will require reporting by listed entities, commencing in 2025, under the recently adopted National Sustainability Reporting Framework (NSRF) National Sustainability Reporting Framework (NSRF)  issued by the securities commission. The NSRF is aligned with the IFRS SDS.