ESG Reporting

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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AVISTA iESGweb Platform is officially launched!

Our Managing Director, Mr. Vincent Pang was honored to be invited by the HKICPA to join the Awards Presentation Luncheon of Best Corporate Governance Awards (BCGA) 2019. Vincent was also one of the reviewers for the Sustainability and Social Responsibility Reporting (“SSR”) award.
 
The BCGA has been playing an important role in establishing benchmarks and encouraging improvements in standards of corporate governance (CG) among listed companies and public sector/not-for-profit organizations in Hong Kong since 2000.
 
Panels of reviewers and judges, which comprised experienced and high-quality industry professionals and representatives of the financial market regulators and professional associations in the field of CG, selected organizations who set the benchmarks of corporate governance and sustainability reporting among their peers as reflected in annual reports or in standalone social responsibility/sustainability reports and website information. This year, 26 awards were presented.
 
As a professional CG advisory firm, AVISTA Group was pleased to take part in the review process of the award and more importantly the promotion of greater awareness and improvement of CG and SSR disclosure practices in Hong Kong’s capital markets.
 
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As the Guests of HKICPA’s Awards Presentation Luncheon of Best Corporate Governance Awards 2019

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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As the Guest Speakers of the HKICPA’s Seminar — “Risk Management And Crisis Management”

Hosted and organized by AVISTA Group, the seminar titled “An Integrated Approach to Long-term Value Creation: ESG and Risk Management” was successfully held recently.
 
We are now glad to share with you the handout of the seminar. We hope that the curated content can provide you with useful insights into key topics, including how a better ESG Management may enhance corporate value, key principles of ESG Risk Management and the updates of the consultation paper issued by the HKEX in May 2019.
 
Please <a href="../../../../../uploads/AVISTA_Professional_Seminar_2019_handout_a84d6fb27c.pdf" target="_blank" rel="noopener">click here</a> to download the full handout.
 
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