ESG Reporting

As the Sustainability and Social Responsibility (SSR) Reviewers of the HKICPA BCGA, our Managing Director, Mr. Vincent Pang and Principal of Risk Management Advisory services, Ms. Sabrina Lam were pleased to be invited by the Association to speak on the webinar: “An Investor’s Perspective on Good ESG Reporting”.
 
The webinar put the emphasis from the investors’ perspective. Vincent illustrated the prevalence of responsible investment and the rising of ESG awareness in the capital market and within the investor community and covered the four key aspects contributing to business sustainability, while Sabrina shared the areas which investors focus on in the reports and the practical tips to enhance the quality of reporting and disclosures, etc., supported by a number of case studies. Last but not least, Vincent concluded the webinar with several coming trends in ESG investing.
 
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As the Guest Speakers of the HKICPA Best Corporate Governance Awards (BCGA) series: “An Investor’s Perspective on Good ESG Reporting”

Our Director of Risk Management Advisory Service, Mr. Ricky Ho was pleased to be invited by JCI City to be one of the guest speakers for its “The Sustainable Corporate Convention of Hong Kong 2021” under “The 25th Innovative Entrepreneur Awards Programme”.
 
The conference was joyously held at Cordis Hotel on 9 Apr 2021. Ricky shared his valuable insights on the topic — “How ESG enhances corporate value” and discussed the 4 areas contributing to business sustainability with ESG consideration, namely Top-line Growth, Cost Reduction, Employee Productivity and Risk Mitigation, with case studies of several international companies.
 
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As the Guest Speaker of JCI City “The Sustainable Corporate Convention of Hong Kong 2021”

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” 

AVISTA is pleased to become the latest Corporate Associate Member of the Hong Kong Venture Capital and Private Equity Association (HKVCA). Established in 1987, the HKVCA aims to encourage a vibrant venture capital (VC) and private equity (PE) industry in Asia while promoting the role of member firms in value creation, innovation and economic development. It promotes industry professional ethics, international best practices and standards and provides a forum for networking and experience sharing for its members.
 
HKVCA represents more than 460 corporate members, include 280 private equity firms across all types – including top 9 of the 10 largest PE firms as well as small VC investors, managing a total of US$2 trillion in assets.
 
AVISTA’s joining to HKVCA has demonstrated our constant commitment to professional ethics and our willingness in aligning with latest market best practice and regulatory standards, in order to provide quality services to our clients in VC and PE sectors and create additional values and insights to their investment decision making process.
 
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AVISTA Becomes a Corporate Associate Member of the Hong Kong Venture Capital and Private Equity Association (HKVCA)

Are you prepared for the new ESG reporting requirements of the Hong Kong Stock Exchange ("HKEx"), which is effective for financial years commencing on or after 1 July 2020? With the heightened regulatory, ESG data is facing an increased scrutiny from regulators and investors.
 
AVISTA has developed and launched a one-stop ESG reporting solution called iESGweb which supports issuers to collect, process and store their robust ESG data effortlessly, while also safeguarding the data quality.
 
The Key Benefits of iESGweb 
 
Team Collaboration: stay productive no matter where the teams are and access to data anytime
 
Expand Visibility: Centralized database keeps the management of files under organizational control
 
Advanced Analytics: Safeguard data quality by comprehensive data validity checks
 
Secured Data Storage: Data is stored on cloud-based system with high confidentiality and security
 
Software as a service (SaaS): Cost-effective and ready-to-use data repository supports seamless updates while zero infrastructure is needed
 
Compliance Solution: Support for ESG Reporting Guide in the Listing Rules of HKEX and help you meet your compliance obligations
 
Learn more by clicking the link below.
 
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