GCC Consulting

HKMC’s Social Bonds Allocation Update and Impact Report 2025

On September 5, 2025, the Hong Kong Mortgage Corporation Limited (HKMC) released its Social Bonds Allocation Update and Impact Report for 2025. This report details the allocation of net proceeds from three social bond issuances conducted in 2022, 2023, and 2024, along with their social impacts as of June 30, 2025. An Independent Practitioner’s Limited Assurance Report from PricewaterhouseCoopers accompanies the report, validating the allocation and selected disclosures. The HKMC has updated its Social, Green and Sustainability Financing Framework, first published in September 2022, to align with Hong Kong’s sustainability goals. This framework serves as a basis for issuing Social, Green, and Sustainability Bonds aimed at funding projects with social and environmental benefits. Resources: https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/09/20250905-5/

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