Tony Wong, the organizer of HERA, stated: "The role of ESG disclosure has become clearer over the years in terms of identifying the outstanding company. While the regulator has been gradually raising the bar on reporting of ESG performance, we are collaborating with different partners of HERA to contribute to this process. We believe promoting industry best practices is pivotal to improving levels of disclosure, thus helping stakeholders, including institutional investors, to identify companies that are future-proof."

HERA is organized by Alaya Consulting, a leading ESG consultancy in Hong Kong. All fees for submission of entries will be donated to Greeners Action, a registered charity organization with 26 years' experience in Hong Kong advocating environmental protection. Angus Ho, Executive Director of Greeners Action, stated: "We are glad to support HERA for the second consecutive year. Hong Kong has crossed a certain threshold in implementation of measures to encourage waste reduction, emissions mitigation and social responsibilities and HERA awards facilitate our engagement with the business community in the journey towards reaching these important goals."

The 2019 Hong Kong ESG Reporting Awards will have one new category - Excellence in Social Disclosure in addition to the existing five categories, i.e. Best ESG Report, Excellence in GRI Reporting, Excellence in ESG Reporting for Non-listed Companies, Excellence in Environmental Disclosure and Innovative Front-runner. This new category aims to recognize companies with outstanding reporting on social aspects, including employee engagement, workplace diversity, occupational health and safety, supply chain management and community investment.

Entry submission deadline of HERA is 31 July 2019. HERA is open to all kinds of sustainability reporting, including Annual ESG Reports, Integrated Reports and ESG Reports within Annual Reports. Entries will be accepted for the most recent report published by an organization. Participating organizations may submit entries in multiple categories.

HERA awards are decided by an independent panel of experts including (in alphabetic 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.

An information briefing will be held on 30 May to explain the details. Previous year's Grand Award Winners will also be attending this event to share the ESG reporting best practices they follow. To register, please send an email to [email protected]^[1].

About HERAHong Kong ESG Reporting Awards recognize ESG reporting leaders 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.

Media Contact:HERA OrganiserMiu Wong / Regina Tai Tel: +852 3990 0794 / 0792Email: [email protected]^[2]

Topic: Press release summarySectors: Daily Finance, Daily News^[3][4] http://www.acnnewswire.com From the Asia Corporate News Network

Copyright © 2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

References

1. ^{^} [email protected] (www.acnnewswire.com)
2. ^{^} [email protected] (www.acnnewswire.com)
3. ^{^} Daily Finance (www.acnnewswire.com)
4. ^{^} Daily News (www.acnnewswire.com)