Weekly CSR Email Newsletter
CSR Assessments and Training in China!Compliance and Sustainability are two sides of the same coin, and businesses must keep their suppliers aware of key concepts to ensure that a business maintains best practices in China. Clear goals, ethics and mission starts with YOU! Find Out More Here.
Distribute Press Releases To Chinese Media!Getting your company's message to journalists is important in China and ChinaNewswire.com can assist you in English-language releases and Xinwengao.com can provide Chinese-language distribution services. Corporate press releases are the most cost-effective way for you to connect with your customers and stakeholders in China!
• Green Building China 2009 @ Beijing - 2009/11/04
Let us work with you in China to manage your email marketing campaigns, loyalty marketing programs, email newsletters, and digital marketing efforts while we improve your email deliverability in China. Our software and staff can help your company stay #1! Visit XZList.com
Little Environmental Reporting For Hong Kong Listed Companies
September 21, 2006 |
Print
| 
Email
| Category: News
The latest report from the Hong Kong Institute of Chartered Secretaries shows that only 33.3% of respondents are engaged in Environmental Reporting.
"The Report shows that Environmental Reporting is not common in Hong Kong. Companies seem reluctant to undertake ER without a compelling reason to do so. By this most mean a statutory requirement," said Richard Leung, the President of HKICS.
The HKICS ER research project studied the benefits of ER for companies from a number of perspectives including that of the public, investors, other stakeholders as well as the reporting company. It also examined how ER can be best implemented in Hong Kong especially for the Main Board listed companies.
"The business community knows very little about ER, its benefits and functions," said Leung. "The Institute suggests that regulators give more incentives to the listed companies with regards to ER such as introducing ER as a Recommended Best Practice under the Listing Rules and perhaps compile guidelines for listed companies on ER. Hong Kong should also consider establishing a Hang Seng Environment Index in the near future and a CSR/Sustainability Index as a long term goal."
According to the report, 87.5% of those not engaged in ER have no plan to do so in the coming three years. About 68% of respondents agree that there are not enough regulatory incentives for listed companies to perform ER. 65.6% of those not engaged in ER cited "regulatory incentive" as the primary driver which would influence their future adoption of ER.
Rate this page: 
Loading ...Leave A Comment:
-
Energy & Cleantech
-
Environment
- Mainland And Hong Kong Work On Environmentally-friendly Paper
- PepsiCo Opens First Overseas 'Green' Plant In China
- Chinese Official Suggests Abolishing Disposable Wooden Chopsticks
- Retail Markets In China Face Punishment Over Substandard Plastic Bags
- China First Heavy Industries Fined For Infringement Of Environmental Rules
-
Giving
-
Law & Order
- China Campaigns Against "Cultural Irregularities" On The Internet
- Beijing Sogou Sues Tencent Over Unfair Competition
- Google China Blamed By CCTV For Vulgar Content
- Beijing Will Adopt Real Name Registration For Website Editors And Publishers
- Retail Markets In China Face Punishment Over Substandard Plastic Bags
-
Viewpoints
- Companies Can Help In The March Towards Better Consumer Rights In China
- CSR Review: Companies Have More Opportunities To Develop In China
- How Far Can Chinese Companies Take Corporate Social Responsibility?
- CSR Review: Companies Focus On Sustainability In China During Downturn
- Global Financial Woes May Impact Corporate Social Responsibility In China
Copyright 2003-2009 ChinaCSR.com. All Rights Reserved.
If you would like to syndicate these articles and posts, please utilize the RSS feed for this online publication, which provides a brief summary of each post with a link back to the original article. Posting of any other part of the articles or posts on this website, in whole or in part, is expressly prohibited without express written permission from BDL Media.
