category:News and EventsRelease time:2023-10-16
Hong Kong, September 27, 2023 - Jointly established by Lianhe Credit Information Service Co., Ltd. ("Lianhe Group") and Lianhe Equator Environmental Impact Assessment Co., Ltd. ("Lianhe Equator"), the subsidiary Lianhe Green Development Co., Ltd. ("Lianhe Green") has officially been added to the list of external reviewers recognized by the Hong Kong Monetary Authority (“HKMA”) under the “Green and Sustainable Finance Grant Scheme” (“GSF Grant Scheme”).
In 2021, the HKMA released a guideline on the GSF Grant Scheme, a program designed to provide subsidy for eligible bond issuers and loan borrowers to cover their expenses on bond issuance and external review services, aiming to support green and sustainable bond issuance and lending and hence enrich the green and sustainable finance ecosystem in Hong Kong. The program came into operation on May 10, 2021, and is a three-year programme.
In collaboration with the experienced professional teams at Lianhe Equator and China Lianhe Credit Rating Co., Ltd., Lianhe Green aims to become a globally recognized external reviewer for sustainable finance certification. By leveraging the resources and advantages of the entire Lianhe company group, Lianhe Green will actively engage in the green finance and ESG-related market businesses in Hong Kong and globally. Currently, Lianhe Green has successfully participated in various aspects of ESG businesses, including second-party opinions (“SPO”) for green finance frameworks and sustainable finance frameworks, and post-issuance certifications for green bonds and green loans. The recent recognition by the HKMA highlights Lianhe Green's technical expertise and outstanding capabilities in the field of sustainable finance. Leaving green and oceans to future generations is the mission and amibition of Lianhe Green.
Contact Information
Joyce Chi
Acting Chief Executive Officer
(852) 3462 9569
Shingas Cheung, CESGA®
Associate
(852) 3462 9581
shingas.cheung@lhratingsglobal.com
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