Risk Management 

AVISTA is pleased to be the Sponsor of Social Impact Investment &amp; Sustainability Forum (SIIS)—"Strategic Thinking and Innovative Actions about Social Impact Investment in the Post-pandemic Era”.
 
The online forum was successfully organized by Social Impact Investment &amp; Procurement Foundation (SIIP) and S.T.A.R.S Foundation on 29 January 2021.
 
The forum gathered government bodies, international environmental organizations, entrepreneurs, investors as well as scientists around the globe to conduct in-depth and extensive discussions on the guiding principles, innovative technologies, development projects and risk management of social impact investment in the post-epidemic environment.
 
Significant sustainability issues in 2020, such as public health concerns brought by Covid-19, the role of green finance in promoting global economic recovery and the initiatives of global carbon neutrality were also discussed.
 
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As the Sponsor of Social Impact Investment & Sustainability Forum (SIIS) 

Our Managing Director, Mr. Vincent Pang and Principal of Risk Management Advisory services, Ms. Sabrina Lam were pleased to be once again invited by the HKICPA to be the judges of the Sustainability and Social Responsibility (SSR) review panel of the BCGA 2020.
 
Celebrating their 20th anniversary, the HKICPA’s BCGA continue to set a benchmark for current Corporate Governance (CG) and sustainability standards and best practices in Hong Kong. This year, about 500 annual reports and 500 sustainability reports were considered in the initial stage and eventually 30 awards were presented.
 
As a professional CG and ESG advisory firm, AVISTA Group was pleased to see there is increasing awareness of climate change as an ESG issues and more companies are aligning with international standards on disclosure, including the Global Reporting Initiative (GRI) and the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD), in addition to the HKEX ESG Reporting Guide.
 
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As the SSR Reviewers of HKICPA Best Corporate Governance Awards (BCGA) 2020

AVISTA hosted a professional webinar titled “Highlights and Recommendations on Dealing with the Latest HKEx ESG Reporting Guide” recently, led by our Managing Director, Mr. Vincent Pang and Director of Risk Management Advisory Services, Mr. Ricky Ho.
 
Vincent and Ricky highlighted the key areas of the ESG Listing Rule Amendments and the Board’s responsibilities under the new requirements and shared advice on ESG target setting and recommendations of independent assurance. They also provided professional insights on existing pitfalls of ESG data collection and subsequently introduced the benefits of the digitalization of ESG data.
 
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AVISTA Professional Webinar: “Highlights and Recommendations on Dealing with the Latest HKEx ESG Reporting Guide” 

Our Director of Risk Advisory Services, Mr. Ricky Ho was pleased to be invited by HKICS to speak on the topic of “What you need to know about IT Governance, Cybersecurity and Cloud Computing”. The webinar received a full house registration with more than 450 participants.
 
Ricky partnered with an IT expert to introduce the concept of IT governance and the key decisions for corporate to necessitate IT governance as well as the related regulations and frameworks in Hong Kong, such as Control Objectives for Information and related Technology (COBIT) and Information Technology Infrastructure Library (ITIL).
 
The speakers also illustrated the relationship among IT governance, cybersecurity and cloud computing with several interesting case studies.
 
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As a Speaker of HKICS Webinar “What you need to know about IT Governance, Cybersecurity and Cloud Computing”

In a time of recent extreme turbulence accompanied by rapid changes in every aspect of the business, be it political, pandemic, economic, technological or environmental, corporates have to evolve their business strategy for coping with unprecedented events, challenges and crises. AVISTA is introducing our “CORE” approaches (Crisis Preparedness, Operational Enhancement, Risk Management and Evaluation Continuity) to help you survive, achieve sustainability and thrive in the storm of change.
 
Please <a href="../../../../../uploads/Integrating_Crisis_Preparedness_and_Operation_Enhancement_into_Risk_Management_EN_700b4b8315.pdf" target="_blank" rel="noopener">click here</a> to read the service flyer.
 
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Integrating Crisis Preparedness and Operation Enhancement into Risk Management

Our Director of Risk Advisory Service, Mr. Ricky Ho was pleased to be invited by HKICS to speak on the topic “Enterprise Risk Management to Environmental, Social and Governance-related Risks” earlier.
 
Ricky introduced Environmental, Social and Governance (ESG) as emerging risks to enterprises and the importance of proper ESG risk management supported by international research results and cases of corporate ESG-related crises.
 
He also shared an update on HKEx’s recent consultation paper on proposed amendments to the ESG Reporting Guide and a case of how enterprises, especially the board, can get prepared for the proposed amendments. At last, he illustrated how an effective integrated ESG Risk management can be a pathway to value creation.
 
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As the Guest Speaker of the HKICS’ Seminar — “Enterprise Risk Management to Environmental, Social and Governance-Related Risks”

Our Managing Director, Mr. Vincent Pang and Director of Risk Advisory Services, Mr. Ricky Ho were pleased to be invited by the HKICPA to be the guest speakers of the seminar titled “Risk Management and Crisis Management”.
 
Ricky gave an overview of types of crisis and shared the trending risks and crisis. He also discussed case studies from several international enterprises to illustrate the approaches to achieve effective crisis management.
 
Vincent introduced Environmental, Social and Governance (ESG) as an essential element to efficient crisis management, shared approaches to manage ESG-related risks and crisis as well as the key principles of handling crisis.
 
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