HONG KONG, Oct 18, 2019 - (ACN Newswire) - Alaya Consulting announced the winners of the Hong Kong ESG Reporting Awards (HERA) 2019. The annual awards recognise excellence in ESG reporting and aim to build trust among stakeholders. This year, HERA acknowledged ESG reports in 6 categories. The award winners were selected from more than 70 nominations, resulting in a donation of HKD40,000 to Greeners Action, a Hong Kong registered charity organisation that has been advocating environmental protection for 26 years.
Tony Wong, founder of Alaya Consulting, the organiser of HERA, said: "We are thrilled to celebrate the winners of the HERA 2019. They are trailblazing leaders of the industry setting examples of more meaningful and investor-friendly disclosures. It is also encouraging to observe small and mid-cap companies catching up in levels of disclosure, signifying ESG disclosure has been gaining a solid foothold in the Hong Kong bourse."
The winners (see below) are decided by an independent panel of experts that includes (in alphabetical order) Angus Ho, Executive Director of Greeners Action, Jessica Tam, Head of HKCSS-HSBC Social Enterprise Business Centre, Stephen Wong, Deputy Executive Director and Head of Public Policy Institute, Our Hong Kong Foundation, Ir. Vincent Kong, Sustainability Manager of Sun Hung Kai Properties and Prof. Yarime Masaru, Associate Professor, Division of Public Policy at The Hong Kong University of Science and Technology.
The judges panel is of the opinion that reporting organisations should be more focused on disclosing performance on material topics. And they are encouraged to report their long-term ESG strategy and obtain third-party assurance for their reports. The panel also expects to see more companies incorporate SDGs and TCFD recommendations in the upcoming reporting cycle.
HERA promotes ESG reporting in Greater China region. The 6 categories are Best ESG Report, Excellence in GRI Reporting, Excellence in ESG Reporting for Non-listed Companies, Excellence in Environmental Disclosure, Excellence in Social Disclosure and Innovative Front-runner.
Hong Kong ESG Reporting Awards (HERA) 2019 Winners
Award category / Company name
Best ESG Report - Large-cap
Grand Award: AAC Technologies Holdings Inc.
Commendation(in alphabetical order):
Chow Tai Fook Jewellery Company Limited
CIMC Group
New World Development Company Limited
Best ESG Report - Mid-cap
Grand Award: VTech Holdings Limited
Commendation(in alphabetical order):
COSCO SHIPPING Ports Ltd.
Health and Happiness (H&H) International Holdings Limited
Pacific Basin Shipping Limited
Best ESG Report - Small-cap
Grand Award: Hung Fook Tong Group Holdings Limited
Commendation(in alphabetical order):
Baguio Green Group Limited
Chiho Environmental Group Limited
Yip's Chemical Holdings Limited
Excellence in Sustainability Report for Non-listed Company
Grand Award: Alliance Construction Materials Limited
Commendation: Dakota Industrial Co., Limited
Excellence in GRI Report
Grand Award: VTech Holdings Limited
Commendation(in alphabetical order):
AAC Technologies Holdings Inc.
Alliance Construction Materials Limited
Health and Happiness (H&H) International Holdings Limited
Excellence in Environmental Disclosure
Grand Award: VTech Holdings Limited
Commendation(in alphabetical order):
Chow Tai Fook Jewellery Group
COSCO SHIPPING Ports Ltd.
Pacific Basin Shipping Limited
Excellence in Social Disclosure
Grand Award: VTech Holdings Limited
Commendation(in alphabetical order):
COSCO SHIPPING Ports Ltd.
Haier Electronics Group Co., Ltd
Pacific Basin Shipping Limited
Innovative Frontrunner
Grand Award: AAC Technologies Holdings Inc.
Commendation(in alphabetical order):
China Overseas Property Holdings Ltd
COSCO SHIPPING Ports Ltd.
Haier Electronics Group Co., Ltd
About HERA
Hong Kong ESG Reporting Awards recognise excellence in ESG reporting and aim to build trust among stakeholders. The Awards welcome applications from companies in Hong Kong, Macao and China who follow exceptional and effective practices in sustainability reporting. To learn more details, please visit our website (www.hkesgawards.com).
About Alaya Consulting
Alaya Consulting is a specialist consultancy focusing on ESG disclosure, pre-assurance and training. We are the organisers of the Hong Kong ESG Reporting Awards and the first ESG Advisory in Asia to receive approval from SBTi regarding our carbon reduction target.
Media Contact:
HERA Organizer - Alaya Consulting Limited
Regina Tai / Suki Wong
Tel: +852 3990 0792 / +852 3702 0024
Email: hera@alayaconsulting.com.hk
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