---
title: CDP Expands Partnership With Hong Kong Monetary Authority to Accelerate Sustainable Finance in Hong Kong
description: "Expanded partnership supports the implementation of HKMA’s Sustainable Finance Action Agenda, reinforcing Hong Kong’s role as a sustainable finance hub."
locale: en
canonical: https://www.cdp.net/en/press-releases/cdp-expands-partnership-with-hong-kong-monetary-authority
contentType: pressReleasePage
updatedAt: 2025-09-25T08:50:16.282Z
---

- Expanded Hong Kong Monetary Authority (HKMA)–CDP partnership supports the implementation of HKMA’s Sustainable Finance Action Agenda, reinforcing Hong Kong’s role as a sustainable finance hub.

   

**Hong Kong, September 9, 2025** — CDP, the world’s only independent environmental disclosure platform, today **announced the signing of an addendum to its 2022 Memorandum of Understanding (MoU) with the Hong Kong Monetary Authority.** The expanded scope builds on three years of successful collaboration and reflects a **shared commitment to strengthening environmental disclosure and advancing Hong Kong’s sustainable finance agenda.**

Since 2022, HKMA and CDP have worked through the Green and Sustainable Finance Cross-Agency Steering Group (CASG) to embed CDP’s globally recognized disclosure questions into the **Climate and Environmental Risk Questionnaire for non-listed companies and SMEs**, enabling them to disclose standardized, decision-useful environmental data. With around 98% of Hong Kong companies being non-listed or SMEs, this initiative equips the overwhelming majority of businesses with a mechanism to disclose standardized, decision-useful environmental data.

The addendum expands the partnership to:

1. Strengthen the flow of** high-quality environmental data into Hong Kong’s financial system and facilitate disclosure among SMEs, banks, and beyond **to support Hong Kong’s standing as a leading regional sustainable finance hub.
2. **Accelerate the implementation of HKMA’s Sustainable Finance Action Agenda**, which aims to consolidate Hong Kong’s position as the sustainable finance hub in the region and support the sustainable development of Asia and beyond. 

   

"Our long-standing partnership with HKMA underscores the importance of environmental disclosure. With this expansion, CDP’s high-quality, globally comparable data will reach deeper into Hong Kong’s financial system — reinforcing its leadership as a center of sustainable finance and enabling earth-positive decisions for the future*”* said **Sherry Madera, CEO, CDP**.

   

![Darryl Chan \(Deputy Chief Executive, HKMA\) and Sherry Madera \(CEO, CDP\)](https://images.ctfassets.net/v7uy4j80khf8/WfUjiu80t7TN1RtnXhNLB/87785305b0e97ee571e34fbb9d07280f/Sherry_Madera___Darryl_Chan.jpg?w=800&fm=webp&q=80&f=center)

**

*Darryl Chan (Deputy Chief Executive, HKMA) and Sherry Madera (CEO, CDP)*