AVISTA's Sustainability Development

We are pleased to announce that AVISTA has officially become a corporate member of the Business Environment Council. As a leading professional advisory firm dedicated to advancing sustainability, we are firmly committed to empowering our clients to unlock growth opportunities through our <a href="https://www.avaval.com/en/our-services/ESG-Advisory">Sustainability and Climate Solutions</a>.
 
This strategic alignment with Hong Kong’s leading coalition of responsible businesses and experts will strengthen our engagement and collaboration with like-minded organizations, further propelling our shared mission of sustainable development. Together with our fellow members, we aim to drive green innovation and champion sustainable business practices, marking a significant step forward in our sustainability journey.
 
We look forward to our future collaborations with the Business Environment Council. Together, AVISTA creates business value while embracing a sustainable future – for its people, for its clients, for its communities, and for the planet. 
 
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AVISTA Becomes a Corporate Member of Business Environment Council

Our Managing Partner, Mr. Vincent Pang was honoured to be invited as the Head Juror for the third consecutive year for the Institute of ESG &amp; Benchmark (IESGB)’s ESG Achievement Awards (“Awards”) this year. He had the privilege of acting as a speaker and awards presenter at the Awards Presentation Ceremony, which took place at the JW Marriott Hotel Hong Kong on 22 September 2023.
 
Featuring the theme of “ESG Champions: Pioneering Sustainable Development”, the Awards stand as a beacon of recognition for businesses, individuals and non-profit organizations who have integrated ESG best practices at every level of their operations.
 
Co-organized by The Institute of Financial Technologists of Asia (IFTA) and supported by the ESG Data Partner, Hang Seng Indexes Company Limited (HSIL), the Awards ceremony kicked off with an opening speech by Mr. Paul Pong, Co-Founder of IESGB, and Mr. Joseph Chan, JP, Under Secretary for Financial Services &amp; the Treasury of the Hong Kong SAR Government. In his impactful speech, Mr. Chan highlighted Hong Kong's exceptional attributes - its open market, robust infrastructure, regulatory alignment, and highly skilled professionals, all of which position the city to spearhead the region's growth and development in green finance. He emphasized that Hong Kong was poised not only to become Asia's premier green finance hub but also an international financial center.
 
Concurrently, Vincent had the honour of delivering a keynote speech during the Awards ceremony, where he expressed his delight in witnessing the enthusiastic response to this year’s event, a clear testament to the growing adoption of ESG practices in the community. He eagerly anticipates the participation of more diverse industries and organizations in the future, which will undoubtedly contribute to the continued success of ESG development in Hong Kong.
 
The Awards celebrated the outstanding contributions of 59 winning organizations in promoting sustainable development, fulfilling social responsibilities and delivering excellent corporate governance across 9 award categories. The winners include industry leaders such as Henderson Land Development Company Limited, Sino Land Company Limited, Kerry Properties Limited, Link Asset Management Limited, Café de Coral Holdings Limited, Chinachem Group, and Canvest Environmental Protection Group Company Limited.
 
From global industries to local governments, the promotion of a green economy has taken center stage. AVISTA Group is honoured to showcase achievements in ESG best practices, and we eagerly anticipate further advancements in ESG implementation across industries. We hope that the Awards will continue to serve as a catalyst for fostering a forward-thinking and harmonious ESG community.
 
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As the Head Juror of IESGB ESG Achievement Awards 2022-2023 and Speaker of the Awards Presentation Ceremony

We are pleased to announce that AVISTA Hong Kong has successfully hosted an additional session of its ESG seminar, titled "Perspectives from Issuers: Staying Ahead of HKEX’s Proposed Climate-related Disclosure Requirements" in response to overwhelming demand. During this seminar, our Managing Partner, Mr. Vincent Pang, alongside our Principal and Manager of Risk Advisory Services, Ms. Sabrina Lam and Ms. Queenie Wong, delivered invaluable insights into HKEX’s proposed amendments based on the IFRS S2 Climate-related Standard and their implications for listed companies.
The seminar provided a comprehensive overview of the key proposal in the climate-related disclosure proposal and explored the strategies for navigating the evolving landscape of climate-related disclosures under its ESG Framework. The speaker also shared how a listed company addressing the key challenges that they may face in implementing the climate-related disclosure requirements. Following the presentations, participants engaged in an interactive Q&amp;A session to address their concerns regarding the proposed amendments.
At AVISTA, we harness our knowledge, expertise and experience to empower our clients with the most up-to-date ESG regulatory developments for long-term value creation. We would like to extend our heartfelt appreciation to everyone for joining us on our sustainability journey towards a better and greener future.
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AVISTA’s ESG seminar series - An additional session of “Perspectives from Issuers: Staying Ahead of HKEX’s Proposed Climate-related Disclosures Requirements”

We are pleased to announce that AVISTA has become an Action Signatory of the Business Environment Council (BEC) Net-zero Carbon Charter. The BEC Net-zero Carbon Charter is a city-wide initiative that brings together businesses in the collective effort to combat climate change.
 
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Recently, we had the privilege of attending the Charter Launch Ceremony, where our representatives from our Sustainability and Climate Solutions team joined other climate leaders, industry pioneers, and advocates in the business community to demonstrate our shared objective - achieving net-zero emissions and building a resilient future. Becoming a signatory of the BEC Net-zero Carbon Charter is a significant milestone in our sustainability journey, reflecting our unwavering commitment to achieving net-zero carbon emissions and taking tangible steps towards decarbonizing our operations.
 
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It is unequivocal that the global climate system is warming, and addressing climate change necessitates a collaborative approach. We firmly believe that businesses play a pivotal role in reducing their carbon footprint and environmental impact. By aligning ourselves with a coalition of forward-thinking businesses, we are reaffirming our dedication to combating climate change and making a positive environmental impact on our planet.