Hong Kong's central bank burnishes green finance credentials

HKMA dishes out lunch boxes as it seeks to raise environmental awareness

20211002 hong kong lunch box

The Hong Kong Monetary Authority recently handed out colorful lunch boxes to its employees to enhance their awareness of environmental issues. (Photo courtesy of Hong Kong Monetary Authority)

TAKESHI KIHARA, Nikkei staff writer

HONG KONG -- Burnishing its environmental credentials, Hong Kong's de facto central bank recently gave 100 green and pink lunch boxes to employees in a bid to reduce plastic waste and raise awareness of environmental issues.

But the Hong Kong Monetary Authority is doing more than just dishing out food containers to its staff. As part of a push to embrace green finance, the HKMA last year launched a joint committee with securities supervision authorities to urge companies to disclose financial information on climate change and to push them to issue more green bonds using subsidies.

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