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HKFRS S1 - Hong Kong Financial Reporting Standard S1 - General Requirements
專案類型
Accounting Framework
日期
12 December 2024
地點
Hong Kong SAR
HKFRS S1 - Hong Kong Financial Reporting Standard S1 - General Requirements for Disclosure of Sustainability-related Financial Information
HKFRS S1 (issued 12 December 2024) establishes Hong Kong’s baseline requirements for sustainability-related financial disclosures that are decision-useful to primary users of general purpose financial reports.
Its focus is on sustainability-related risks and opportunities that could reasonably affect cash flows, access to finance, or cost of capital across short, medium, and long time horizons, including impacts across the value chain.
The Standard is structured around core content aligned with TCFD—governance, strategy, risk management, and metrics and targets—supported by principles on fair presentation, materiality, connected information, and comparability.
HKFRS S1 also clarifies how entities should use sources of guidance (including SASB topics/metrics) when no specific HKFRS standard applies, and it introduces practical transition reliefs.
With an effective date for annual periods beginning on or after 1 August 2025, HKFRS S1 will accelerate consistent, investor-focused sustainability reporting in Hong Kong.
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