Staff reporter
The Mandatory Provident Fund Schemes Authority has told MPF scheme providers to disclose more information about environmental, social and governance funds amid Hong Kong's push to become a global hub for green finance.
The MPFA has mandated the trustees to disclose the focus and investment strategies of their ESG-themed funds, which is expected to help scheme members better understand them and make informed investment decisions.
Trustees should also reveal whether they have set mechanisms to measure the attainment of the focuses for their ESG funds and regularly assess the extent to which the funds have achieved these goals.