Risk Management 

AVISTA is pleased to be endorsed to be one of the service partners of Cyberport Professional services Network (CPN).
 
The CPN is an important complementary addition to the Cyberport ecosystem that join hands with the Enterprise, Investors and Technology Networks to support the growth of the Cyberport community companies. It is a structured and collaborative platform that connects professional services providers of areas like accounting, financing, legal, marketing and corporate development, etc., with the Cyberport community start-ups at their different development stages to support the growth and scale-up of the companies.
 
There are 28 existing international and local professional consulting companies in the CPN, including the Big Four accounting firms.
 
Our Director of Risk Management Advisory Services, Mr. Ricky Ho and Senior Manager of Business Valuation Advisory Services, Mr. Leo Hung recently hosted a Finance &amp; Taxation-themed service clinic for four Cyberport community start-ups. Ricky and Leo addressed the start-ups’ business pain points related to financing and ESG consulting, tax considerations for funds, pre-revenue valuation and payroll issues etc.
 
<img src="../../../../../uploads/IMG_3434_2e29a7d6ee.jpg" width="700" />
 
<img src="../../../../../uploads/IMG_3450_63dbec9c1e.jpg" width="700" />
 
<img src="../../../../../uploads/IMG_3453_aa61c309c0.jpg" width="700" />
 
<img src="../../../../../uploads/IMG_3460_e1185b00cb.jpg" width="700" />

banner1

As the Service Partner of Cyberport Professional services Network (CPN) and the Host of Service Clinic

Our Director and Principal of Risk Management Advisory services, Mr. Ricky Ho and Ms. Sabrina Lam were pleased to be invited by the HKICS to speak on the webinar: “An Investor’s Lens: Sustainable Investing as the New Norm - Implications on ESG Reporting”.
 
The webinar discussed how the ESG integration can create value in the interest of investor and the effectiveness of ESG reporting. Ricky covered the market overview and business sustainability story in ESG reporting, while Sabrina shared investors’ confidence from ESG reporting and the coming trend in ESG investing.
 
The webinar also featured a panel discussion with the topic “How to Set Target for Carbon Reduction”. The speakers had an inspiring discussion with Mr. Jonathan Yau, Associate Director of Cundall Hong Kong Limited. The development of carbon emission reduction initiative worldwide, the benefits of setting carbon emissions targets for corporates and tips on how to set target for carbon reduction were covered.
 
<img src="../../../../../uploads/Image_20210510120608_b8bd428720.jpg" width="700" />
 
<img src="../../../../../uploads/Image_20210510123555_0ad2f09b3e.jpg" width="700" />

As the Guest Speaker of the HKICS Webinar: “An Investor’s Lens: Sustainable Investing as the New Norm - Implications on ESG Reporting” 

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.
 
<img src="../../../../../uploads/SIIS_e68ebb6f1d.png" width="700" />

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.
 
<img src="../../../../../uploads/2020_Entryform_cover_d71a4cb652.jpeg" width="400" />

cheers

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.
 
<img src="../../../../../uploads/1a_65abd2d269.png" width="700" />
 
<img src="../../../../../uploads/2_37518b851b.png" width="700" />
 
<img src="../../../../../uploads/4_eb12df25c1.png" width="700" />

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.
 
<img src="../../../../../uploads/IMG_2318_47d38c15b2.jpeg" width="700" />
 
<img src="../../../../../uploads/IMG_2323_64c3764ec6.jpeg" width="700" />

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.
 
<a href="../../../../../uploads/Integrating_Crisis_Preparedness_and_Operation_Enhancement_into_Risk_Management_EN_700b4b8315.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/Integrated_Crisis_Management_Advisory_ENG_8960ef3483.jpeg" width="700" /></a>