Hong Kong Mortgage Corporation Limited

Unverified
XFID Unique Identifier for Hong Kong Mortgage Corporation Limited: XOFDCFCFXZ
Sector
Real Estate
Website
www.sustainablefitch.com
3 Second Party Opinions
1 Framework
XFID Type Title Year Source Retrieved
XF-BUWP3VM-I Framework HKMC SGS Bond Framework Sep 2022 2022 www.hkmc.com.hk 31 Mar 2026
XF-S4S1X61-C Second Party Opinion The Hong Kong Mortgage Corporation Limited - Second-Party Opinion 2025 www.sustainablefitch.com 30 Mar 2026
XF-OGFG336-2 Second Party Opinion The Hong Kong Mortgage Corporation Limited - Second-Party Opinion 2025 www.sustainablefitch.com 30 Mar 2026
XF-G0I40G9-R Second Party Opinion The Hong Kong Mortgage Corporation Limited Social, Green and Sustainability Financing Framework Second-Party Opinion (2022) 2022 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 2 Mar 2026

Press Coverage (1)

News and trade press mentioning this issuer, tracked in the registry.

XF Company Profile

Extra-financial information found across 4 documents in the XframeworkID registry

NACE L Real Estate Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
Hong Kong Mortgage Corporation Limited, Hong Kong, China SPO 2025
Issuer sector/industry classification
Real Estate Activities Framework 2022
Issuer type
Public sector entity SPO 2025
Core business activities and geographic focus
Asset purchase and servicing, general insurance, long-term insurance services, reverse mortgages, Hong Kong SPO 2025

Green / Sustainable Finance Framework

Sustainable bond framework name and version
Social, Green and Sustainability Financing Framework September 2022 Framework 2022
Framework publication date and update history
September 2022 Framework 2022
Bond types covered under framework
Social bonds, green bonds, sustainability bonds Framework 2022
Eligible use-of-proceeds categories
Reverse mortgage programmes, green projects with environmental benefits (climate change mitigation, pollution prevention, climate adaptation, ecosystem restoration), social projects (employment, access to essential services, infrastructure, affordable housing) SPO 2025
Project evaluation and selection process description
Multi-layered process involving members with relevant skillsets, diverse departments and HKMC's ESG committee. Infrastructure Financing and Securitisation Division process documented in Appendix II SPO 2025
Management of proceeds approach
Proceeds tracked through a register SPO 2025
Exclusion criteria for ineligible projects or sectors
Environmental and socially controversial activities excluded per IFS Division Environmental and Social Exclusion List SPO 2025
Reporting commitments under framework
Allocation reporting and impact reporting Framework 2022
Refinanced vs. newly financed project distinction
Refinanced projects; all proceeds allocated to refinance existing portfolio of reverse mortgages SPO 2025

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Sustainability Bond Guidelines 2021, Green Bond Principles 2021 SPO 2022
Alignment with ICMA Social Bond Principles or Sustainability Bond Guidelines
Aligned with ICMA Social Bond Principles 2025, Sustainability Bond Guidelines 2021, Social Bond Principles 2021 SPO 2025

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, 2022; Fitch, 17 November 2025 SPO 2022
SPO preliminary evaluation or credibility rating
Credible and impactful (Sustainalytics, 2022); Aligned assessment across all pillars with some ratings of Excellent and Good (Fitch, 2025) SPO 2022
SPO assessment scope and methodology
Use of proceeds alignment with recognized sustainable finance principles, project evaluation and selection process, proceeds management, and reporting; evaluation against ICMA Social Bond Principles 2025, Sustainability Bond Guidelines 2021, Green Bond Principles 2021 SPO 2025

Corporate Strategy & Mission

Corporate mission and sustainability strategy
Support elderly homeowners through reverse mortgage programmes providing supplementary cashflow to maintain quality of life during retirement and meet healthcare and livelihood needs SPO 2025
Sustainability strategy pillars and focus areas
Social financing (reverse mortgages, affordable housing, access to services), green financing (climate change mitigation, pollution prevention, climate adaptation, ecosystem restoration), sustainability financing Framework 2022

ESG Framework & Governance

Internal ESG governance structure
HKMC's ESG committee with multi-layered project evaluation process involving diverse departments and members with relevant skillsets SPO 2025

Changes Over Time

Items where disclosed information changed across documents.

Second Party Opinion (SPO) provider name and assessment date
2022 Sustainalytics, date not specified in document
2025 Fitch, 17 November 2025
SPO preliminary evaluation or credibility rating
2022 Framework is credible and impactful
2025 Use of Proceeds: Good; Evaluation and Selection: Excellent; Management of Proceeds: Good; Reporting and Transparency: Excellent
Project evaluation and selection process description
2022 Internal working group responsible for project evaluation and selection; ESG Committee responsible for final approval and risk management
2025 Multi-layered process involving members with relevant skillsets, diverse departments and HKMC's ESG committee
Exclusion criteria for ineligible projects or sectors
2022 Exclusionary list of the Framework
2025 Exclusions for environmentally and socially controversial activities