Let's strive for a better and sustainable future - 2022 ESG Solution Showcase
Environmental, social and governance (“ESG”) has rapidly emerged in recent years and gradually become a mainstream strategy in the financial markets. Hang Seng Bank, the only bank in Hong Kong that is a constituent of the FTSE4Good Developed Index, places a high value on ESG matters and becomes more ESG-focused. The Board also takes overall responsibility for ESG matters and their integration into the Bank’s strategies.
To achieve ESG vision to be a leading driver in the banking industry and echo HKMA FinTech strategy 2025, Hang Seng Bank is stepping up the consideration and inclusion of ESG issues with respect to our products, services, operations and disclosures and aims to seize opportunities for potential collaboration and partnership in 2022.
On April 6th, 2022, FinTecubator invited a variety of ESG professionals to share their interesting ESG solutions via live webinar. There were five promising ESG companies involved to give a fruitful speech, including Farm66, Diginex, Percent, Cogo and PortageBay, and solutions are extensive across various areas such as carbon footprint tracking, ESG investment, green farming, ESG reporting as well as e-donation.
FinTecubator also invited K K Wong, Head of ESG at Hang Seng Bank to share his insights on current key focus areas, such as climate risk measurement as well as carbon neutralization. The webinar was open to Hang Seng Bank colleagues in order to raise their awareness of ESG topics and inspire them to ideate use case to contribute to ESG strategic targets.
FinTecubator, our innovation incubation programme, encourages our colleagues to think like or even become entrepreneurs. Our colleagues get free rein to develop their own fintech ideas and we support them with knowledge, resources and business connections. They also have opportunities to work with outside developers on new banking solutions. Putting ideas into action, we aim to better serve customers today and tomorrow.