Hong Kong – The Hong Kong Chartered Governance Institute (Institute/HKCGI) and Hong Kong Metropolitan University Lee Shau Kee School of Business and Administration (HKMU) are pleased to release their joint report titled 'A Comparative Study on ESG Scores across Rating Agencies: Cases in Hong Kong'.
The report explores rating agencies' evaluation of businesses' Environmental, Social, and Governance (ESG) disclosures. After compiling and examining ESG performance data for 2,592 listed firms in 2022, the report identified 689 samples on seven organisations, which the same eight rating agencies assessed, to derive insights.
Institute President, Mr Ernest Lee FCG HKFCG(PE) 'urges all businesses to seize the opportunities ESG integration provides for business sustainability and resilience and, where appropriate, for a rating to attract capital.'
“This study is the first to provide a comparative analysis on the ESG scores of Hong Kong listed companies across different rating agencies. It is hoped that the findings will shed light on the advantage of better ESG disclosure for companies in Hong Kong”, said Professor Alan Au Kai-ming FCG HKFCG, Institute Council Member and Dean of Lee Shau Kee School of Business and Administration, Director of Institute of International Business and Governance, Hong Kong Metropolitan University (HKMU).
To view the press release, please click HERE.
To view the report, please click HERE.