ESG Reporting

Our Managing Director, Mr. Vincent Pang and Principal of Risk Management Advisory Services, Ms. Sabrina Lam were pleased to be invited by the Hong Kong Institute of Certified Public Accountants (HKICPA), for the third consecutive year, to be on the Review Panel of Best Corporate Governance (CG) and ESG Awards 2021. In its 21st year, the HKICPA's Best CG and ESG Awards continue to recognize companies and organizations on setting the benchmarks of quality in terms of CG and ESG disclosures and practices, in an effort to promote and realize long-term sustainability. This year, more than 540 annual reports and over 540 ESG reports were covered in the initial screening. Among them, 29 awardees have been selected this year. As a professional CG and ESG advisory group, AVISTA was appreciative of the awardees' relentless commitment to sustainability and pleased to see that they are taking a leading role in making meaningful advancement in CG and ESG reporting standards among corporates. <img src="../../../../../uploads/136_bcc49a4a1c.jpg" alt="" width="600" height="400" /> <img src="../../../../../uploads/116_8c060ec713.jpg" alt="" width="600" height="400" /> <img src="../../../../../uploads/022_7b63397d03.jpg" alt="" width="600" height="400" /> <img src="../../../../../uploads/z_0b763226fb.png" alt="" width="500" height="708" />

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As the Reviewers of the HKICPA Best Corporate Governance and ESG Awards 2021

AVISTA was pleased to be the Gold Sponsor of The Hong Kong Independent Non-Executive Director Association (HKiNEDA) Annual Conference 2021, themed Special Purpose Acquisition Company (SPAC), Environmental, Social and Governance (ESG) and Green Finance. The conference was successfully held on 4 December 2021 at Regal Hongkong Hotel with hybrid mode of on-site attendance and online attendance. Our Managing Director, Mr. Vincent Pang and Principal of Risk Management Advisory services, Ms. Sabrina Lam were glad to be invited. Professional directors of financial services firms, regulatory bodies, and international corporates from the Greater China were brought together to provide global perspective and in-depth analysis in the context of SPAC IPO, corporate sustainability and green finance in the Hong Kong market. Areas such as the duties of INEDs as governance gatekeepers, the growing importance of ESG and green finance in the investment landscape in Hong Kong and around the world, and the emergence of SPAC listings and regulatory concerns in Hong Kong were covered. Our Managing Director, Mr. Vincent Pang sat down for a panel discussion on "Key Trends and Opportunities in ESG" with other advisory professionals and industry veterans, sharing his insights over the ever-intensifying interconnectedness of sustainability, business valuation and the financial system. <img src="../../../../../uploads/1_d3e6eec7ef.jpg" alt="" width="600" height="400" /> <img src="../../../../../uploads/2_68b148ee64.jpg" alt="" width="600" height="400\" /> <img src="../../../../../uploads/3_8216412f34.jpg" alt="" width="600" height="400" /> <img src="../../../../../uploads/5_2130907adf.jpg" alt="" width="600" height="459" />

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As the Gold Sponsor and Panelist of the HKiNEDA Annual Conference 2021: SPAC, ESG and Green Finance

Our Managing Director, Mr. Vincent Pang was pleased to be the Head Juror of the Institute of ESG &amp; Benchmark (IESGB)’s ESG Achievement Awards 2020.
 
The Awards aims to serve as a significant benchmark of the current sustainable development standards and best practices in Hong Kong by emphasizing the value of outstanding sustainability performance of companies, as well as NGOs. With Hang Seng Indexes Company Limited (HISL) being the Honorary Supporting Organization and Hong Kong Quality Assurance Agency (HKQAA) as the ESG Data Provider cum Supporting Organization, the jury panel was able to evaluate all applications comprehensively and fairly.
 
This year’s Awards was open for both listed and privately-owned companies under 4 categories, namely ESG Benchmark Awards, Special ESG Awards, Special Award and Honorary Awards.
 
Vincent and Ms. Sabrina Lam, Principal of Risk Management Advisory Services, were also invited to be the guests of the Awards Presentation Ceremony on 29 Jun 2021. Vincent gave a speech to conclude his duties and express his appreciation towards the board and the fellow jury panel; and presented the Gold and Platinum Winner of “The ESG Leader” Award.
 
The Awards recognizes ESG achievements in all industry sectors through 36 companies and 2 individuals. Among which, the developer and construction industry were found to be the most advanced in their sustainable development. Few Hong Kong’s most prominent developers received the Awards trophies, including Henderson Land Development Co., Limited, New World Development Ltd., Sino Group and Chinachem Group.
 
AVISTA was honored to help recognize local companies for their progress in ESG and share our best practices in ESG achievements with others and to the public at large.
 
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As the Juror of IESGB ESG Achievement Awards 2020 and Guests of the Awards Presentation Ceremony 

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