HONG KONG, MAY 2024

The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group), Cyberport and Invest Hong Kong (InvestHK) launched the Prototype Hong Kong Green Fintech Map in early March 2024, in order to facilitate corporates and financial organizations in discovering green and sustainable fintech solutions that align with their business requirements.

 

The Map provides a directory of Green Fintech firms operating in Hong Kong and encompasses more than 50 firms as of the present day. There are 5 Green FinTech Categories:

  • Green & Digital Finance and Investment,
  • ESG Disclosure, Compliance & Regulatory Reporting,
  • Carbon Trading, Analytics and Technology,
  • ESG Data, Intelligence and Analytics,
  • ESG / Climate Risk Modelling & Assessment

 

CRIF, thanks to its reliability and expertise in the ESG field, has been selected as one of the companies under the category "ESG Data, Intelligence and Analytics". The firms included under this classification excel in providing digital solutions that primarily deliver ESG Data and Analytics, ESG ratings and ESG indexing.

 

CRIF is a global company which is committed towards a more sustainable present and future.  Its global digital ESG platform, Synesgy, provides each company with an assessment, a Score, and an Action Plan, regarding the various dimensions of sustainability (Environmental, Social, Governance). It aids the Financial sector by creating value through “sustainable finance”, supporting credit policies, commercial strategies, supply chain selection, risk management and funding.

 

Synesgy’s ESG assessment is based on timely and rigorous references of global ESG market regulations (such as UNGC, GRI, UN 17 SDGs, EBA LOM, and EU Taxonomy for Sustainable Activities). The Synesgy score model developed by CRIF Ratings - the authorized credit rating agency - allows easy visualization of the result obtained in the 5 macro sections of the questionnaire (Business, Environment, Social, Governance, and Sector-specific). In addition to the assessment, we provide the companies with a list of recommended to-do actions, named "Action plan": in this way, we empower them to incorporate ESG factors into their business decision-making.

Interested in knowing more about ESG topics? Visit www.crif.hk or contact us at info.hk@crif.com .