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Webinar | ACCA

HKFRS S1 & S2: Implementation and practical insights for finance professionals

One of the four webinars covered in ACCA Hong Kong Sustainability Reporting Series

Overview

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This webinar offers a deep dive into Hong Kong’s new sustainability reporting standards, HKFRS S1 and S2. Designed for finance professionals, the session will highlight the standards’ key requirements, the impact of HKFRS S1 and S2 on entities in Hong Kong as outlined in the HK Roadmap, and preparations for integration into existing sustainability reporting processes. Attendees will explore common challenges, such as data availability and scenario analysis, and selected examples of case studies from Hong Kong organisations will be covered. The webinar will empower participants to apply these practical insights to support their organisations.

This webinar will cover the following:

  • Introduction to HKFRS S1 & S2: Scope, objectives, and regulatory context in Hong Kong
  • Key Disclosure Requirements: Materiality assessments, Climate-related risks and opportunities, Scenario analysis and Scope 3 GHG emissions
  • Implementation: Steps for embedding the new requirements into sustainability disclosure
  • Practical Challenges: Data collection, internal controls, and future assurance considerations
  • Case Studies: Lessons from Hong Kong-based early adopters

Eric Luk, Director, Sustainability, Deloitte China

Eric Luk is a Director within Deloitte’s Sustainability Practice in Hong Kong. He participates in Deloitte’s Global Sustainability Reporting Standards Expert Advisory Panel, which monitors new sustainability reporting and assurance standards and provides guidance materials to help practitioners interpret and apply them. Eric is also a member of HKICPA's S1 and S2 Implementation Platform Panel.

In his current client-facing role, Eric advises clients on matters relating to sustainability and climate change strategies, sustainable finance and managing greenwashing risks, establishing net-zero transition plans, setting ESG and Science-based Targets, ESG indices and ratings, developing training and capacity building, conducting climate risk assessment on physical and transition risk, as well as regulatory and voluntary sustainability reporting and climate-related financial disclosures. His clients cover a spectrum of industries, including conglomerates, banks and financial services, private equity, real estate, property management, state-owned enterprises, energy, telecommunications, manufacturing, trading and retail, logistics, food and beverages, engineering, hospitality, and aviation.

Before his current role, Eric also held positions in other consulting firms and within listed and non-listed companies. He has more than 20 years of consultancy and management experience in Hong Kong, China, Asia, Europe, and the Middle East, where he completed projects in both external consulting and internal management capacities. Outside of work, Eric is completing a professional doctorate degree and conducting research specialising in sustainable finance around the external reviews of sustainability-linked bonds.

  • The webinar is conducted in Cantonese.
  • The webinar is broadcast via ON24.
  • Each enrolee will receive an email confirmation including the webinar access link and password after successful registration.
  • On-demand session of this webinar will be available one day after the live event. Enrolee can access the recorded webinar until 31 March 2026.
  • Enrolee’s own attendance record can be downloaded in the webinar platform after attending the webinar.
  • The series is under ACCA’s Subsidy CPD Scheme. In the Scheme, three percent of seats of our selected CPD events are open on a complimentary and first-come, first-served basis to members who are currently entitled to reduced subscription and retired members on ACCA’s register. ACCA Hong Kong reserves the right to determine which CPD events are included under the Subsidy CPD Scheme. If you are eligible for the Scheme and would like to join the series, please drop us an email to hkinfo@accaglobal.com for enquiries.

Price

Member 180 HKD

Affiliate 180 HKD

Approved employer 270 HKD

Student 180 HKD

Public 360 HKD

Location

Hong Kong SAR of China

Date & time

On demand

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