Hong Kong’s Mandatory Provident Fund Schemes Authority (MPFA) has ordered MPF providers to disclose more details on environmental, social, and governance (ESG) funds, reinforcing the city’s green finance ambitions. Trustees must outline investment strategies, assess goal attainment, and report performance in annual filings to help members make informed decisions. Financial Services Secretary Christopher Hui said Hong Kong has set a “gold standard” for sustainable finance, with over 220 ESG funds managing HKD1.2tr (USD153bn) as of December. MPFA chairwoman Ayesha Macpherson Lau stressed the long-term impact of sustainability risks on pension investments, highlighting the regulator’s push for transparency as Hong Kong cements its role as a global green finance hub.