This report aims to study the adequacy of environmental disclosures with regards to the current listing requirements in Hong Kong. It briefly reviews the forestry sector, related environmental issues and the main industries derived from forestry. Although many industries are related to and affected by the forestry sector such as timber, wood products, paper & pulp, construction, biofuels; this report focuses mainly on the logging and paper & pulp sectors. This report reviews the listing documents of forestry companies over recent years for environmental awareness and risks for investors, concluding with recommendations for investors and regulators to take away.
Ancient forests are one of the planet’s vital natural resources. Thousands of years old, they are primary and old growth forests found in a variety of climates from temperate to tropical regions of the world.
Some of the ancient forests under greatest threat are the ‘Paradise Forests’. These stretch from South East Asia, across the islands of Indonesia, on to Papua New Guinea and the Solomon Islands in the Pacific.
