The "Hong Kong Enterprise ESG Development Status and Trends Survey and Analysis Report 2025" shows that Hong Kong companies' focus on ESG remains high, and a multi-pronged approach remains the mainstream. Popular initiatives are concentrated in the S and G areas, with significant differences in ESG implementation strategies across different industries and company types.
On July 23rd, six students from Northeastern University were visiting and learning about flotation processes at the Unugtushan Copper-Molybdenum Mine of China National Gold Group Inner Mongolia Mining Co., Ltd. when a grating plate fell off and caused them to fall into a flotation tank. A teacher accompanying them was also injured. The Inner Mongolia Autonomous Region government has upgraded the investigation into the incident.
The newly formed China Yajiang Group will undertake the construction and operation tasks of the lower reaches of the Yarlung Zangbo River hydropower project, and become an important force in promoting the adjustment of the national energy structure and strategic layout.
On July 11, 2025, HSBC officially announced its withdrawal from the Net Zero Banking Alliance (NZBA), becoming the first major British bank to withdraw from NZBA after many banks in North America, Australia and Japan withdrew.
Recently, the Ministry of Industry and Information Technology announced the average fuel consumption and new energy vehicle points of Chinese passenger car companies in 2024.
On July 7, 2025, EU Climate Commissioner Wopke Hoekstra said in an interview with the Financial Times that the EU decided to postpone the joint statement on climate action originally scheduled to be signed with China during the China-EU summit this month.