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ESG Regulatory Frameworks
EPD | Mercury Control Ordinance (Cap. 640) | It regulates the import, export, keeping and use of mercury, mercury mixtures and mercury compounds; controls the import, export, manufacture and supply of certain mercury-added products; and controls certain manufacturing processes in which mercury or mercury compounds are used | HK |
EPD | Ozone Layer Protection Ordinance (Cap.403) | Giving effect to Hong Kong's international obligations under the 1985 Vienna Convention and the 1987 Montreal Protocol | HK |
EPD | Waste Disposal Ordinance (Cap.354) | Prohibited to dump waste in public places or on Government land, or on private premises without the consent of the owner or occupier | HK |
EPD | Air Pollution Control Ordinance (Cap.311) | To control air pollution from industry, commercial operations and construction work | HK |
AFCD | Biodiversity Strategy and Action Plan 2016-2021 | A comprehensive plan developed by the Hong Kong government to conserve and enhance biodiversity in the region. | HK |
EPD | Noise Control Ordinance (Cap.400) | Neighbourhood noise and noise from construction, industrial and commercial activities are controlled by the Noise Control Ordinance | HK |
EPD | Water Pollution Control Ordinance (Cap.358) | All discharges, other than domestic sewage to a foul sewer or unpolluted water to a storm drain, must be covered by an effluent discharge licence | HK |
EPD | Environmental Impact Assessment Ordinance (Cap.499) | To avoid, minimise and control the adverse impact on the environment of designated projects | HK |
CCC | Climate Change Act 2008 | UK's principal climate change statue | UK |
European Parliament and of the Council | Registration, Evaluation, Authorisation and Restriction of Chemicals regulations | It is the main EU law to protect human health and the environment from the risks that can be posed by chemicals.ECHA places evaluation,autorisation and restrictions to protecting consumers and en supervise nanomaterials | EU |
European Commission | Corporate Sustainability Due Diligence Directive | Still in proposal.This initiative aims to improve the EU regulatory framework on company law and corporate governance. It would enable companies to focus on long-term sustainable value creation rather than short-term benefits. It aims to better align the interests of companies, their shareholders, managers, stakeholders and society. It would help companies to better manage sustainability-related matters in their own operations and value chains as regards social and human rights, climate change, environment, etc. | EU |
Companies Registry | Companies Ordinance (Cap 622) | It aims to modernize Hong Kong's company law and enhance its status as a major international business and financial center | HK |
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