Hold Seng Bank : is the one Hong Kong bank chosen for Dow Jones Sustainability Asia Pacific Index 2020 (29 Nov 2020)
29 November 2020
Hold Seng is the one Hong Kong bank chosen for Dow Jones Sustainability Asia Pacific Index 2020
Hold Seng Bank’s continued progress to embed sustainability into its core enterprise has been recognised internationally, with its steady choice as a constituent stock of the Dow Jones Sustainability Asia Pacific Index 2020 (the Index). As the one bank in Hong Kong included within the Index, Hold Seng’s inclusion underlines its place as a pacesetter in sustainability efficiency.
The Index is the world’s main international sustainability benchmark which measures the company sustainability efficiency of corporations in Asia Pacific primarily based on a complete evaluation. It represents the highest 20% of the 600 largest corporations in Asia-Pacific, primarily based on long-term financial, environmental and social standards.
Hold Seng’s choice displays the Bank’s sturdy efficiency towards key standards, which included Buyer Relationship Administration, Coverage Affect, Environmental Reporting and Social Reporting.
Louisa Cheang, Vice-Chairman and Chief Govt of Hold Seng Bank mentioned: “It’s an honour to be included once more among the many world’s leaders in sustainability efficiency. How we use assets to fight local weather change is crucial to our society and due to this fact one of many strategic priorities for Hold Seng. Our dedication to sustainability and useful resource effectivity is on the centre of our enterprise model and long-term technique. As we proceed to speculate to assist our purchasers from the continued affect of COVID-19, we’re additionally dedicated to creating options to assist Hong Kong’s financial restoration and the communities we serve.”
Manjit Jus, International Head of ESG Analysis and Information, S&P International: “We congratulate Hold Seng for being included within the Dow Jones Sustainability Asia Pacific Index. A DJSI distinction is a mirrored image of being a sustainability chief in your business. With a document variety of corporations collaborating within the 2020 Company Sustainability Evaluation and extra stringent guidelines for inclusion this yr, this units your organization aside and rewards your continued dedication to individuals and planet.”
Hold Seng is the one Hong Kong bank chosen for Dow Jones Sustainability Asia Pacific Index 2020 / 2
Hold Seng’s dedication to guide by instance on sustainable improvement has been recognised by different worldwide organisations through the years. The Bank is a constituent stock of a number of revered sustainability indexes, together with the FTSE4Good Developed Index (since 2001), the MSCI Pacific ex Japan SRI Index (since 2015) and the Hold Seng Company Sustainability Index Collection (since 2010).
Extra details about Hold Seng’s sustainability initiatives is offered within the Bank’s newest Company Sustainability Report: https://www.hangseng.com/cms/ccd/csr/corporate-sustainability-report-2019/en/index.html
# END #
(852) 3662 1229
About Hold Seng Bank
Based in 1933, Hold Seng Bank operates over 290 service retailers serving each private and enterprise clients. The Bank additionally maintains branches in Macau and Singapore, and a consultant workplace in Taipei.
Established in May 2007, wholly owned subsidiary Hold Seng Bank (China) Restricted is headquartered in Pudong, Shanghai, and operates a mainland China community with retailers in additional than 10 main cities, together with Beijing, Guangzhou, Shenzhen and Tianjin.
With whole belongings of HK$1,732 billion as at 30 June 2020, Hold Seng Bank reported a revenue attributable to shareholders of HK$9,143 million for the primary half of 2020. Hold Seng Bank is a principal member of the HSBC Group, one of many world’s largest banking and monetary companies organisations. For additional info on Hold Seng Bank, please go to the Bank’s web site at www.hangseng.com.
Hold Seng Bank Ltd. printed this content material on 29 November 2020 and is solely liable for the knowledge contained therein. Distributed by Public, unedited and unaltered, on 30 November 2020 09:48:01 UTC
Market information on CNN.