HONG KONG, Oct 18, 2019 - (ACN Newswire) - Alaya Consulting announced the winners of the Hong Kong ESG Reporting Awards (HERA) 2019. The annual awards recognise excellence in ESG reporting and aim to build trust among stakeholders. This year, HERA acknowledged ESG reports in 6 categories. The award winners were selected from more than 70 nominations, resulting in a donation of HKD40,000 to Greeners Action, a Hong Kong registered charity organisation that has been advocating environmental protection for 26 years.

Tony Wong, founder of Alaya Consulting, the organiser of HERA, said: "We are thrilled to celebrate the winners of the HERA 2019. They are trailblazing leaders of the industry setting examples of more meaningful and investor-friendly disclosures. It is also encouraging to observe small and mid-cap companies catching up in levels of disclosure, signifying ESG disclosure has been gaining a solid foothold in the Hong Kong bourse."

The winners (see below) are decided by an independent panel of experts that includes (in alphabetical order) Angus Ho, Executive Director of Greeners Action, Jessica Tam, Head of HKCSS-HSBC Social Enterprise Business Centre, Stephen Wong, Deputy Executive Director and Head of Public Policy Institute, Our Hong Kong Foundation, Ir. Vincent Kong, Sustainability Manager of Sun Hung Kai Properties and Prof. Yarime Masaru, Associate Professor, Division of Public Policy at The Hong Kong University of Science and Technology.

The judges panel is of the opinion that reporting organisations should be more focused on disclosing performance on material topics. And they are encouraged to report their long-term ESG strategy and obtain third-party assurance for their reports. The panel also expects to see more companies incorporate SDGs and TCFD recommendations in the upcoming reporting cycle.

HERA promotes ESG reporting in Greater China region. The 6 categories are Best ESG Report, Excellence in GRI Reporting, Excellence in ESG Reporting for Non-listed Companies, Excellence in Environmental Disclosure, Excellence in Social Disclosure and Innovative Front-runner.

Hong Kong ESG Reporting Awards (HERA) 2019 Winners

Award category / Company nameBest ESG Report - Large-capGrand Award: AAC Technologies Holdings Inc.Commendation(in alphabetical order):Chow Tai Fook Jewellery Company LimitedCIMC GroupNew World Development Company Limited

Best ESG Report - Mid-capGrand Award: VTech Holdings LimitedCommendation(in alphabetical order):COSCO SHIPPING Ports Ltd.Health and Happiness (H&H) International Holdings LimitedPacific Basin Shipping Limited

Best ESG Report - Small-capGrand Award: Hung Fook Tong Group Holdings LimitedCommendation(in alphabetical order):Baguio Green Group Limited Chiho Environmental Group LimitedYip's Chemical Holdings Limited

Excellence in Sustainability Report for Non-listed CompanyGrand Award: Alliance Construction Materials LimitedCommendation: Dakota Industrial Co., Limited

Excellence in GRI ReportGrand Award: VTech Holdings LimitedCommendation(in alphabetical order):AAC Technologies Holdings Inc. Alliance Construction Materials LimitedHealth and Happiness (H&H) International Holdings Limited

Excellence in Environmental DisclosureGrand Award: VTech Holdings LimitedCommendation(in alphabetical order): Chow Tai Fook Jewellery Group COSCO SHIPPING Ports Ltd.Pacific Basin Shipping Limited

Excellence in Social DisclosureGrand Award: VTech Holdings LimitedCommendation(in alphabetical order):COSCO SHIPPING Ports Ltd.Haier Electronics Group Co., LtdPacific Basin Shipping Limited

Innovative FrontrunnerGrand Award: AAC Technologies Holdings Inc.Commendation(in alphabetical order):China Overseas Property Holdings LtdCOSCO SHIPPING Ports Ltd.Haier Electronics Group Co., Ltd

About HERAHong Kong ESG Reporting Awards recognise excellence in ESG reporting and aim to build trust among stakeholders. The Awards welcome applications from companies in Hong Kong, Macao and China who follow exceptional and effective practices in sustainability reporting. To learn more details, please visit our website (www.hkesgawards.com).

About Alaya ConsultingAlaya Consulting is a specialist consultancy focusing on ESG disclosure, pre-assurance and training. We are the organisers of the Hong Kong ESG Reporting Awards and the first ESG Advisory in Asia to receive approval from SBTi regarding our carbon reduction target.

Media Contact:HERA Organizer - Alaya Consulting LimitedRegina Tai / Suki Wong Tel: +852 3990 0792 / +852 3702 0024 Email: hera@alayaconsulting.com.hk

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