Policy Research Centre for Innovation and Technology (PReCIT) of The Hong Kong Polytechnic University (PolyU) signed a memorandum of understanding (MoU) with Sing Tao News Corporation Ltd (Sing Tao) to join forces to foster the promotion and application of environmental, social, and governance (ESG) principles and related research commercialisation.
Through the power of collaboration and collective action with the renowned & credible media, ESG influencers and experts will be invited to share their invaluable insights, research, and expertise to inspire and drive positive change in the realm of sustainability and responsible corporate practices.
Dr Jin CAI, CEO of Sing Tao News Corporation Ltd and PolyU PReCIT Advisory Committee Member, said a more heightened level on ESG would be available to the public with the collaboration with PReCIT to integrate ESG policy research recommendations. Sing Tao would provide platform and resources to PolyU to jointly promote sustainability.
A seminar on ESG co-organised by Sing Tao, PolyU PReCIT, the School of Accounting & Finance, and Center for Economic Sustainability and Entrepreneurial Finance was held on the same occasion.
Prof. Christopher CHAO, PolyU Vice President (Research and Innovation) and PReCIT Director, said in his keynote presentation that establishing a transparent ESG platform in Hong Kong can enhance investor confidence and improve corporate risk management, and access to capital. He urged for the development of industry-specific ESG reporting guidance to enhance disclosure details for green finance.
Other speakers included Dr Zeng CHENG and Dr XIANG Yi, PolyU Associate Professor and Research Assistant Professor of the School of Accounting and Finance. Dr Xiang said Hong Kong’s ESG disclosure is leading in the Asia Pacific, particularly in the utility industry. He supported the establishment of an independent ESG Certification system to assess corporates’ ESG data and information’s credibility to respond to the nation’s development of “new quality productivity” (新質生產力) as mentioned in the government work report presented at the opening of the annual session of the National People's Congress.
Online Coverage:
Sing Tao Daily - https://polyu.me/3TfI4SA
Headline Daily - https://polyu.me/3V8JTDz
stnn (星島環球網)：https://m.stnn.cc/c/2024-03-12/3881814.shtml
Print News:
Press Contacts
Patty Yeung
Executive Officer, Policy Research Centre for Innovation and Technology
- 2766 5661
- patty.yeung@polyu.edu.hk
