As of June 2025, Hong Kong was home to 64 companies operating in the green fintech industry, reflecting the sector’s steady growth and increasing importance within the broader financial ecosystem, new data released by the Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group show.
ESG compliance dominates
The Hong Kong Green Fintech Map 2025, released last month, gives a comprehensive view of the green fintech sector in Hong Kong. The map reveals that within the sector, the category of environmental, social, and governance (ESG) data disclosure, compliance and regulatory reporting, is the most crowded and advanced, totaling 19 ventures.
This category encompasses companies that provide digital tools to help corporates and financial institutions meet ESG, climate-related, and nature-related disclosure requirements. These tools also support compliance with evolving regulatory standards.
The prominence of this segment reflects the increasingly complex regulatory environment and the strong demand for technology that can help financial institutions manage mounting sustainability-related obligations and improve transparency.
Notable players in this category include Miotech, a sustainability data and technology provider which uses artificial intelligence (AI) to solve sustainability, climate change, carbon emissions reduction, and social responsibility challenges; Diginex, an award-winning sustainability regtech company that develops an end-to-end cloud platform for ESG and climate data management, materiality assessments, stakeholder engagement, report generation, and more; and Wizpresso, which provides AI tools for ESG analytics and transformation, supporting disclosure workflows.
ESG data and analytics grows in prominence
The second most prominent category is ESG data, intelligence and analytics, which features 18 companies. This category encompasses digital solutions that offer ESG data and analytics, ESG ratings, and ESG indexing. These tools enable companies and investors to extract actionable insights that support sustainable investing, risk management, and corporate decision-making.
Noteworthy players in this segment include CRIF, BlueOnion, and Planto. CRIF offers ESG assessments, scoring and action-planning across dimensions like business, ESG, and sector-specific criteria. These solutions are widely used to support credit policies, supply chain decisions, risk management and sustainable finance decisions.
BlueOnion is a platform delivering ESG data analytics to banks and assets managers. It collaborates with organizations like Morningstar Sustainalytics to give decision-ready ESG coverage for mutual funds, bond funds, and exchange traded funds (ETFs).
Planto is a firm specializing in AI‑powered open banking and personal finance solutions. It partners with major financial institutions including Citibank HK.
Other green fintech categories
Several other green fintech segments are also gaining traction in Hong Kong. The carbon credit trading, analytics and technology category includes 12 companies that support the development and trading of carbon products, and which assist other businesses and financial institutions with collecting and analyzing carbon emissions data.
The green and digital finance and investment category features 11 companies which enable financial institutions to provide digital green and sustainable finance products, including payments, loans, deposits, financial instruments, investments, and insurances.
Finally, the ESG/climate risk modeling and assessment category features four companies that help investors and corporations assess and manage ESG and climate related risks, often using geospatial data, AI, and regulatory-aligned frameworks to evaluate exposure to climate change.
Hong Kong’s green finance steering group
The Hong Kong Green Fintech Map 2025 was produced by Hong Kong’s Green and Sustainable Finance Cross-Agency Steering Group. Established in 2020 by the Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA), the group’s mission is to coordinate efforts to manage climate and environmental risks within the financial sector, accelerate the growth of green and sustainable finance in Hong Kong, and support the government’s climate strategies.
The steering group’s responsibilities include examining policy and regulatory issues in green and sustainable finance, facilitating policy direction and coordination, addressing technical cross-sectoral issues, and tracking international and regional trends, issues and developments in green and sustainable finance.
Its key priorities for 2025 include the development of a comprehensive sustainability disclosure ecosystem, supporting the local implementation of the International Financial Reporting Standards Sustainability Disclosure Standards (ISSB Standards), expanding the Hong Kong Taxonomy for Sustainable Finance, and promoting sustainable financing activities.
Green fintech is a rapidly growing sector, driven by increasing consumer demand for sustainable finance, regulatory pressure for climate-related disclosures, and technological innovation enabling eco-conscious financial solutions.
In 2024, green fintech companies secured a total of US$2.7 billion in venture capital (VC) funding globally, marking a 17% increase from the previous year. Europe led the market, attracting US$1.95 billion across 111 financing rounds, more than 2.5 times the funding received by their North American counterparts (US$765 million).
Featured image: Edited by Fintech News Hong Kong, based on image by WangXiNa and FrameStudio via Freepik