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return current location:Home News and Events News and Events [Qualifications] Lianhe Green Recognized as an External Reviewer for the HKMA's Green and Sustainable Finance Grant Scheme

[Qualifications] Lianhe Green Recognized as an External Reviewer for the HKMA's Green and Sustainable Finance Grant Scheme

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

joyce.chi@lhratingsglobal.com

 

Shingas Cheung, CESGA®

Associate

(852) 3462 9581

shingas.cheung@lhratingsglobal.com

 


Disclaimer

A Lianhe Green SPO is an assessment of the green and sustainable financing frameworks of entities. It is not a credit rating.

Please note that individuals identified in a SPO report are not responsible for the opinions stated therein and are named for contact purposes only. Our report is neither a prospectus nor a substitute for the information assembled, verified and presented to investors by the issuer and its agents in connection with the sale of financial instruments and securities.

Lianhe Green receives compensation from entities and other market participants for conducting this service. None of the aforementioned entities nor its related parties participate in the review process aside from providing information requested by Lianhe Green.

Our assessments are not considered investment advice and they are not and should not be considered as a replacement of any person’s own assessment of the ESG factors related to a financial instrument or an entity. Lianhe Green does not represent, warrant or guarantee that our report will fulfill any of your or any other person’s particular purposes or needs. Lianhe Green does not recommend the purchase or sale of financial instruments or securities or give investment advice or provide any legal, auditing, accounting, appraisal or actuarial services.

Lianhe Green does not audit or verify the accuracy of the information provided to issuers by any third party for the purpose of issuing this opinion. Lianhe Green does not represent, warrant or guarantee the accuracy, correctness, integrity, completeness or timeliness of any part of our opinion.

All published press releases and reports are the intellectual property of Lianhe Green. Any reproduction, redistribution, or modification, in whole or part, in any form by any means is prohibited unless such user has obtained prior written consent from us.

Copyright © Lianhe Green Development Company Limited 2023.

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