The "Hong Kong ESG Awards", organised by The Chinese Manufacturers' Association of Hong Kong (CMA) and co-organized by the Hong Kong Brand Development Council (BDC), was held this afternoon (7/10) to recognise Hong Kong companies that have made strenuous efforts and attained remarkable achievement in advancing ESG, with an aim to encourage Hong Kong industries to uphold sustainable development, operate business with a responsible attitude, and create long-term value for the economy, society and ecological environment.

 

The officiating guest Mr. Michael Wong, Deputy Financial Secretary, pointed out during his speech that the government has been actively promoting ESG in three aspects, including green finance, new energy and support the implementation of ESG in organisations. For instance, the launch of “Green and Sustainable Fintech Proof-of-Concept Funding Support Scheme” which offers HK$150,000 of early-stage funding to support technology companies or research institutes conducting green fintech activities to collaborate with local enterprises to co-develop new projects in the context of (1) Green & Digital Finance and Investment, (2) ESG Disclosure, Compliance & Regulatory Reporting, (3) Carbon Trading, Analytics and Technology, (4) ESG Data, Intelligence and Analytics; and (5) ESG/Climate Risk Modelling & Assessment.

 

Yau Lee Group is honoured to receive the "Hong Kong ESG Award" for its core ESG project, the social transitional housing project at Ying Wa Street. Rosana attended and reviewed the award on behalf of the Group. She thanks all stakeholders for their support, especially HSBC which granted the first green loan in 2018. The Group is committed to continuing to integrate ESG elements into all aspects of its operations and will also actively collaborate with professional organizations to develop carbon management and assessment platform, contributing to the green fintech ecosystem.