Less Hong Kong companies are inclined to raise their spending on initiatives that enhance their environment, social and governance (ESG) performance this year, the survey found. Photo: Shutterstock
Less Hong Kong companies are inclined to raise their spending on initiatives that enhance their environment, social and governance (ESG) performance this year, the survey found. Photo: Shutterstock
Business of climate change
Business

Fewer Hong Kong firms plan to up their spending on sustainable initiatives amid economic downturn, PwC survey finds

  • About three quarters of respondents plan to increase their investment in ESG-related programmes this year, compared with nine out of 10 companies in 2022
  • The most popular measures taken by the surveyed companies included adopting cleaner energy to reduce their carbon footprints and providing ESG training to staff

Knowledge |   China and climate change
Eric Ng
Eric Ng

Updated: 3:32pm, 11 Jan, 2023

Why you can trust SCMP
Less Hong Kong companies are inclined to raise their spending on initiatives that enhance their environment, social and governance (ESG) performance this year, the survey found. Photo: Shutterstock
Less Hong Kong companies are inclined to raise their spending on initiatives that enhance their environment, social and governance (ESG) performance this year, the survey found. Photo: Shutterstock
READ FULL ARTICLE