“Increasing transparency makes markets more efficient, and economies more stable and resilient.”

 

—Michael R. Bloomberg, Financial Stability Board's Task Force on Climate-related Financial Disclosures

Why sustainability?

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Today it is widely recognised that Environmental, Social and Governance (“ESG”) risks present financial, operational and compliance risks to companies. That is, ESG is no longer merely a corporate social responsibility or a reputational issue. It affects businesses, and failure to manage these risks carefully may bring about real financial impacts on the company. For example, green bond is a sustainability-induced financial vehicle, which is a bond specifically earmarked to be used for climate and environmental projects. This implies the sustainability trend is really evolving.

Hong Kong Exchanges and Clearing Limited published its The ESG Reporting Guide and all listed companies must disclose ESG information on an annual basis. However, it is not enough to simply comply the requirement from major stock exchanges and regulatory authorities; corporate sustainability and social responsibility is already regarded as an important element for achieving business success. Today’s business community is more aware of the benefits of adopting more active approach and taking more care of ESG in improving their business performance. The benefits stem from many sources, including more streamlined logistics and business process, better health and improved morale of employees, more confidence from and better relationship with the public. Those proactive business approach and practice help to create a green and ethical strategy to pursuit long-term business success.

Forward-thinking demand from the capital market is increasing; market participants shall focus more on the corporate governance and ESG as a means of risk management and thus to attract more investment. Good sustainability management can also resolve company’s existing challenges, reduce costs and improve operational efficiencies and credibility, explore new business opportunities and reduce liabilities.

 

Why CHFT?

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  • Multi-disciplinary consultants

We have a team of professionals from a diverse backgrounds, including chartered surveyors, accredited business appraisers and industry experts, who are highly experienced in offering sustainability advisory services for a wide range of industries.

 

  • Profound knowledge with experiences

Our team have in-depth understandings of the local and global investing environment according to the regional jurisdictions. Throughout the process, our professionals will help you to understand the impacts of social and environmental changes to your business and guide you to formulate strategy to handle related issues and trends.

 

  • Turning your environmental liability into assets

We assist by closely understanding your business and setting clearly stated goals in metrics such as carbon emissions and thus turning the environmental liability into assets. We also advise the senior and middle management in setting policies and communication frameworks and initiatives in identifying and attaining goals of overall improvement of sustainable operation.

 

How do we help?

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We step into your shoes and put all your concerns into perspective, which enables us to provide tailored and integrated solutions addressing your challenges and needs.

 

  • Setting Key Performance Indicators (“KPIs”) and targets for ESG initiatives

  • Stakeholders engagement effectiveness review and analysis

  • Conducting materiality assessment to pinpoint the environmental and social issues that are most important to the business and stakeholders for prioritisation

  • Evaluating ESG achievements

  • Developing a sustainability strategy and roadmap to address ESG risks, opportunities and material issues

  • Conducting management interview and reviewing/developing sustainability governance frameworks to ensure accountability

  • Advising on the policies on resources saving and waste reduction

  • Calculating carbon footprint by measuring amount of greenhouse gases (“GHG”) produced directly and indirectly

  • Developing carbon strategies, weighing environmental costs and effects and allocating resources effectively

  • Benchmarking environmental and social practices and performance against sector peers, where appropriate

  • Drafting of annual and/or interim ESG report in accordance with international or local requirements and standards (e.g. stock exchange guidelines, Global Reporting Initiative (GRI) reporting standards, International Integrated Reporting Framework)