ESG Insights from Hang Seng Bank - ESG x Fintech Symposium
The Fintech x ESG Symposium, sponsored by Hang Seng Bank (‘Hang Seng’), was held on 28 July to explore the key considerations and opportunities in fintech and ESG for financing and accounting professionals who are interested in these topics. These developments include the acceleration of business innovation and digitization in the financial services and the global movement to promote sustainable development goals.
Frank Heung, Hang Seng’s Head of Structured Finance, Commercial Real Estate & Corporate Advisory, was invited to the panel discussion and to share insights into how the Bank leverages its strong fintech and ESG capabilities and expertise to develop innovative ‘market-first’ services, such as mobile cheque deposit service and smart ‘Business Intelligent’ chatbot for customers. To facilitate Hong Kong’s transition to becoming a carbon-neutral city, the Bank also provides clients with a growing range of green financing and ESG-themed products and services.
Hang Seng, as a key leader to drive ESG agenda in the banking industry, is one of six enterprises to receive a ‘Master-Insight ESG Award’ for its contribution to advancing ESG in 2022. It is also the first local bank in Hong Kong to have attained ISO 14001 certification for all its offices and branches. In a 2022 survey by Equileap, Hang Seng ranked first in Hong Kong for gender equality and is one of only two companies in Asia Pacific achieving gender balance at all company levels.
Hang Seng will continuously develop innovative ideas with business partners and start-up companies and do it in a sustainable and scalable way to achieve ESG goals. This will enable its efforts to help reduce carbon emissions and accelerate the pace of customer-centric fintech innovation in Hong Kong.