ESG Opportunities for SMEs
"SME ESG Best Practices Recognition Programme” will assess the overall improvement in sustainability performance of SMEs. Recognition certificates will be awarded to the SMEs who have attained a certain level of Environmental (E), Social (S), Governance (G) best practices.
To encourage SMEs to adopt ESG best practices, participating companies will be given no more than six months to implement the necessary changes in response to the guidelines in the assessment. If a certain level of improvement has been achieved in the designation period, recognition will be given to those companies with the highest commitment to acknowledge their contribution and dedication.
Throughout the programme, a series of capacity building events will be organized, including knowledge sharing through industry leaders in thematic forums, workshops, etc., to enable local SMEs to understand the relevance of ESG practices to the industry ecosystem for sustainable operations.
Why should SMEs join the programme?
In 2022, the programme will focus on two major sectors, including:
- Property & Construction: The construction and real estate sector has always been one of the pillars of Hong Kong's economy, accounting for over 20% of GDP and serving as a "barometer" of the Hong Kong economy.
- Retail and E-commerce: The epidemic has accelerated the development of global e-commerce as consumers stay home to spend money. Hong Kong is uniquely positioned to provide local retailers and e-merchants with comprehensive logistics solutions and infrastructure.