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Oxfam urges HKEx to improve disclosure standards

Oxfam published its ‘Survey on the Hang Seng Index (HSI) Constituents’ Environmental, Social and Governance (ESG)’...which reviews the 50 Hang Seng Index constituents’ ESG policies, practices and performance. It found that nearly a third of these companies lagged behind in these areas and fell in the ‘unstable’ category...

Oxfam...survey on HSI constituents’ ESG transparency and quality...reviewed 50 companies’ publicly available information...and invited them to complete a questionnaire...19 companies provided additional information...The survey found that of the 50 constituents, 32 per cent (16 companies) were in the ‘unstable’ category. A further 42 per cent (21 companies) fell into the ‘satisfactory’ category, while 26 per cent (13 companies) were classified as ‘reliable’. The top three performers were Swire Pacific Ltd, MTR Corporation, and HSBC Holdings, while Kunlun Energy Company, Belle International Holdings and Tingyi Cayman Islands Holding Corporation were in the bottom three...

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