Excellent ESG Recognition Scheme

The “Excellent ESG Recognition Scheme” has been established to acknowledge companies that are held in high regard for their outstanding performance and ability to create a positive impact in terms of environmental, social, and corporate governance (ESG) factors, as well as institutions that excel at integrating ESG elements into their investment decision-making process. By launching this annual programme, Hong Kong Economic Times aims to recognise the efforts and contributions of enterprises in promoting ESG principles, and share examples of best practices across different industries.

Leading the wave of carbon trading

After COP26, carbon neutrality has become an international consensus among different countries. In order to achieve the carbon neutrality target, some countries have used carbon emission trading as a method, aiming to introduce market elements to encourage companies to achieve low-carbon transformation. Asia’s nascent market of carbon trading has huge development potential. For example, China launched a national carbon trading market last year, and it is expected to become the world's largest carbon market in the future. Many financial institutions are actively deploying the new market. At the same time, enterprises can use carbon trading to reduce emissions in a more flexible way and promote investment in innovative low-carbon technologies.

Aims & Objectives:

• Acknowledge companies for their outstanding performance in terms of environmental, social and corporate governance (ESG) factors.

• Recognise institutions for their efforts in integrating ESG elements into their investment decision-making process.

• Highlight funds with excellent performance in ESG investment.

• Encourage industries to continue to strengthen ESG reporting and analysis.

• Establish best practices in different industry sectors.

• Promote green economy among businesses.