The 2024 Hong Kong ESG Reporting Awards have 12 categories. Participating organization may submit entries for up to four categories. Each category has one Grand Award winner and up to three Commendations.
Best ESG Report
Recognizes listed companies that showcase best practices within their industry on ESG reporting. This award is divided into large-, mid- and small-cap divisions according to market capitalization as at the company’s recent financial year-end date.
Large-cap: >HK$30 billion
Mid-cap: >HK$5 Billion-HK$30 billion
Small-cap:<HK$5 billion
Best Sustainability Report for Non-listed Company
Opened for reports of non-listed companies, recognizing their excellent performance on all criteria.
Best Sustainability Report for International Companies Award
Open to international companies, aiming to recognise the best performing companies in ESG reporting and will be assessed against HERA’s eight core criteria.
Best GRI Report
Opened for organisations that adopt the GRI Standards, showing excellence in adhering to GRI reporting principles and requirements, and displaying best practices in sustainability governance, materiality assessment, and stakeholder engagement, etc.
Excellence in ESG Governance
Awarded to companies that have strong involvement and commitment from the Board of Directors in managing ESG risks and opportunities, setting and reviewing goals, evaluating the ESG performance.
Excellence in Environmental Positive Impact
Recognizes companies that demonstrate comprehensive environmental disclosure , risk mitigation, bringing positive impact to the environment-related SDGs at the operating location and the wider value chain.
Excellence in Social Positive Impact
Awarded to companies that goes beyond social compliance, creating value to the members of the society including employees, suppliers, customers and the local community through business operations, demonstrating positive impact towards achieving social-related SDGs
Carbon Neutral Award
Awarded to organisations that demonstrate commitment and actions towards achieving net-zero carbon emissions.
Newcomer Award
First-time HERA applicants are eligible. Awarded to companies with outstanding performance in all core criterion.
Outstanding ESG Improvement Award
Awarded to previous HERA participants that made an outstanding improvement on ESG disclosure and performance. Previous Grand and commendation winners of the Best ESG Report are not eligible for this award.
GRESB x HERA: Standing Investment Benchmark Award (China Mainland / Hong Kong)
Recognising the excellence in ESG performance of real estate investors, portfolios with standing investments are eligible.
GRESB x HERA: Development Benchmark Award (China Mainland / Hong Kong)
Awards for the real estate developers who demonstrate outstanding ESG performance, portfolios with development projects are eligible.
Note: The two GRESB awards will use information from the GRESB Assessment results to determine eligible companies, based ONLY on their GRESB Score and GRESB Rating. The judging criteria for the other HERA categories will not apply.
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Adella Budianto
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Adella@hkesgawards.com
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