Events
Climate risk and update in ESG disclosure for listed companies
16 May 2024 (Thursday)
| Date: | 16 May 2024 (Thursday) |
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| Time: | 4:30 pm – 5:30 pm |
| Venue: | Rooms 1101-1102, 11/F, Euro Trade Centre, 13-14 Connaught Road Central, Hong Kong |
| Language: | English |
| Outline: | Climate risk and update in ESG disclosure for listed companies |
| Description: | With climate change being a global concern and focus, investors are demanding more information on how climate issues and related policy change could impact an issuer's assets, business operations and financials. On 14 April 2023, the Hong Kong Stock Exchange (HKEX) issued a consultation paper seeking views and comments on proposed changes to their ESG Reporting Code. The proposals seek to enhance climate disclosures and are substantially aligned with the International Sustainability Standards Board (ISSB) S2 Climate-related Disclosures. Climate-related disclosures will move away from ‘comply or explain’ to mandatory disclosure. Subject to responses on the consultation, the revised rules will apply to ESG reports in respect of financial years commencing on or after 01 January 2025. The core content areas of S2: governance, strategy, risk management and metrics and targets are consistent with the Taskforce on Climate-related Financial Disclosures (TCFD) but adopt an industry-specific approach and metrics aligned with Sustainability Accounting Standards Board (SASB). The seminar will feature climate risk and update in ESG disclosure for listed companies, case studies and best practices from companies that have successfully integrated climate disclosure. Attendees will have the opportunity to learn from these companies and gain valuable insights into how to incorporate key elements of the TCFD recommendations on climate-related financial disclosures, such as requiring board's oversight of ESG matters, targets for certain environmental KPIs and disclosure of impact of significant climate-related issues, as well as how rating agencies consider integrating ISSB’s climate disclosures into rating metrics. |
| Moderator: |
Ms. Venus Zhao General Manager of Hong Kong Office General Manager of Capital Markets & Corporate Communications, Yunkang Group Limited (Stock code: 2325) Ms. Zhao Hui, Venus, has solid academic knowledge and professional experience in investor relations, ESG, capital markets, media relations, corporate communications, and corporate finance, with years of relevant experience in Fortune 500 MNCs and Hong Kong listed companies. In her current position as General Manager of Hong Kong Office, General Manager of Capital Markets & Corporate Communications at Yunkang Group Limited (2325.HK), she leads the team in formulating the sustainability and net zero strategies of the Company to fulfill HKEx ESG Reporting Guide, UN SDGs, SASB, TCFD and climate change standards. She helps the Company participated in S&P Global CSA for the first time and achieved ranking above 89% of participating global peers in the industry. The Group’s ESG efforts were widely recognized by various sectors of society, as evidenced by its receipt of the “ESG Special Recognition Award” in the 2023 Environmental, Social and Governance Awards, organized by the Hong Kong Television Broadcasts Limited (TVB). She is also Executive Committee member, Fellow and Event Committee Chairman of Hong Kong Investor Relations Association (HKIRA), Full Member and Young Director Committee member of HKIoD (The Hong Kong Institute of Directors). Venus received her master degree of Strategic Public Relations in Communications and Journalism School in University of Southern California, and her MBA degree concentrated in Finance in The Hong Kong University of Science & Technology. She is a certified FCMA, CGMA holder from Chartered Institute of Management Accountants (CIMA), and certified ESG Analyst (CESGA®) from EFFAS. |
Speakers: |
Mr. San Ho Ming, Andy Sustainability Department, Associate Director CECEP Environmental Consulting Group Limited Mr. San is the Associate Director at CECEPEC's Sustainable Development Department. He is responsible for strategizing and developing ESG advisory services while leading a team dedicated to providing customized ESG solutions to clients with the aim of creating value. With more than 7 years of experience in the field of sustainable development, Mr. San has provided strategy advisory services to various international, Mainland China, and local companies and organizations. His expertise includes sustainability roadmap planning, ESG management integration, ESG rating enhancement, sustainability reporting, and related verification services. Mr. San has also been involved in the formulation of ESG disclosure guidelines in Mainland China. Additionally, he oversees the daily operations of the company's ISO 9001 quality management system and ISO 14001 environmental management system. Ms. Sophia Wong Head of Corporate Communications and Sustainability Champion REIT Sophia is responsible for leading Champion REIT’s internal and external communications, including public relations, sustainability and community engagement, with 20 years of experience in the field. Sophia has been instrumental in devising Champion REIT’s sustainability strategy, including the establishment of 2030 ESG targets in alignment of SDGs of United Nations. Over the years, she has developed strong passion in sustainability especially green and wellness initiatives. These efforts have led to several top honors of the Trust, including Hong Kong Sustainability Grand Award from The Hong Kong Management Association and the first-in-Hong Kong Triple Platinum certifications for existing building. Ms. Xiaoshu Wang Executive Director, APAC Head of ESG and Climate Research Hong Kong MSCI Xiaoshu Wang leads MSCI’s ESG & Climate research team in APAC, primarily focusing on environmental, social, and governance (ESG) risk and performance analysis of financial institutions and companies across the region. With more than 10 years of professional experience in the ESG field, Xiaoshu published impactful research on major ESG and sustainability trends in APAC and China. Prior to joining MSCI, Xiaoshu was a management consultant at CapGemini, where she advised major Chinese banks and financial institutions on complying with Basel III rules, developing internal performance metrics, and operational enhancement. Xiaoshu also worked with Business for Social Responsibility, a global sustainable business network and consultancy, to help MNCs and state-owned enterprises in China develop sustainability strategies. Xiaoshu holds a bachelor’s degree from Peking University’s Guanghua School of Management and is a CFA® charterholder. Mr.Pak Wing Chung Director of Sustainability Solutions APAC & MEA, S&P Global Sustainable1 Pak Wing is currently ESG Business Development Director at S&P Global Sustainable1. He provides customers with the sustainability products, insights and solutions from across S&P Global’s divisions to help meet their unique needs. Pak Wing has15 years of experience in financial data and analytics. His previous roles include Head of Sustainability Solutions at Hang Seng Indexes Company and APAC Head of ETF & Index Solutions at ICE Data Services. Pak Wing graduated from the National University of Singapore with a bachelor degree in Electrical Engineering. He is also a Sustainability and Climate Risk (SCR®) and EFFAS Certified Environmental, Social and Governance (CESGA® ) holder. |
| Fee: | HK$100 for HKIRA members; HK$250 for non-member ; Complimentary ticket – for Members coupon redemption |
| Accreditation: | 1 CPD hour (on request) |
| Registration: | https://hkira.glueup.com/event/climate-risk-and-update-in-esg-disclosure-for-listed-companies-107265/
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| Remarks: |
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