Hong Kong is pushing forward with its green credentials.

With our team in Cityplaza, Taikoo Shing, we support companies in Hong Kong to improve ESG & Sustainability and meet any local reporting requirements.

As Hong Kong continues its journey towards ESG & Sustainability reporting through requirements introduced by the HKEx, SFC and the HKMA, many large companies are already being required to comply or explain their positions in ESG reports.

Speeki provides ESG & Sustainability software, consulting, sustainability due diligence and assurance solutions. Our focus is not just to meet the needs of reporting requirements, but actually make a difference to companies and generate value through managing ESG & Sustainability risks.

ESG is more than just climate metrics.

ESG & Sustainability covers over 20 different topics. While not all of these may be 'material' and require some form of disclosure, they may still be 'important' to you or your stakeholders.

Tackling ESG & Sustainability will make you a better company. It will drive improvements with your suppliers, with your employees, your stakeholders, your regulators, and your customers. It will force you to look into the future, become more sustainable and help the planet endure.

While the regulators are mostly focused on climate change, your stakeholders are not. This is just one of the many areas that they care about. Whether you're grappling with carbon footprints, emissions calculations, ethical supply chain, whistleblowing, corporate governance, human rights, or being selected by your customers as a 'safe and sustainable' option, Speeki is your solution. Our approach to ESG & Sustainability can help you not only meet any regulatory requirements but build a better and more sustainable company for the next generation.

With a focus on building and managing programmes across material (and important) topics across the ESG & Sustainability spectrum, you can identify new opportunities, engage your stakeholders, and become a stronger business.

ESG & Sustainability is not a cost to your business, it is a growth engine.

Increased regulation by the HK authorities will require you to disclose climate metrics.

Authorities are already requiring information to be reported especially companies listed on HKEx. ESG Reporting, mostly focused on climate disclosures (based on TCFD) is now active with a large number of companies following the Guidance on Climate Disclosures.

Even if you are not required to disclose, you should still be building your key programmes of non-financial ESG topics.

You may not need to disclose data right now, but you may have to in the future. If you also work outside Hong Kong, you may need to report in those countries as well. Of course, your stakeholders may require you to report issues anyway.

ESG solutions for Hong Kong Businesses

Where Speeki can help your business in Hong Kong

Depending on what sort of company you are, you may have mandatory or optional reporting requirements in Hong Kong. However, whether you are required to disclose or not, an ESG & Sustainability strategy is no longer optional. Your stakeholders expect it, your customers expect it, and the planet demands it. Every listed or major company operating in Hong Kong should be developing a comprehensive strategy around ESG & Sustainability as a growth engine for yourself and for Hong Kong.

Develop an ESG & Sustainability strategy first and start building initiatives 

Before thinking about mandatory reporting, you need to develop a clear strategy. With a clear strategy, an understanding of risk and materiality, you can build or retrofit existing programmes around that strategy. If well designed, your programmes will produce the data needed for reporting and disclosures.

Remember, ESG & Sustainability is more than measuring emissions.

The Speeki platform includes embedded tools and guidance across all ESG topics

Speeki stands out by offering more than consulting. We designed, built and maintained our own SaaS software with embedded tools for incident reporting, surveys, disclosures, and more. Facilitate effective communication, promote transperency, and engage stakeholders like never before.

The Speeki platform is more than just software.

Climate change reporting is coming first for most large companies.

It is true that climate reporting is the first area chosen for regulated disclosures. However, like every other country, it certainly won't be the last. Expect to see disclosures around human rights issues, bribery, whistleblowing, waste management, and energy consumption. Most countries are now requiring broader disclosures, and, if the country isn't, your customer will be.

Speeki helps you build a proactive system not focus on responses to requirements.

Developing a sustainability programme with Speeki allows you to cover all topics in a consistent manner.

By choosing Speeki, you're not just adopting a platform; you're partnering with a leader in ESG & Sustainability solutions. From building and maintaining ESG & Sustainability programmes to driving accountability and generating reports, Speeki supports your journey in ESG & Sustainability and other non-financial reporting aspects.

Managing the performance of your non-financial programmes will be your advantage.

Hong Kong companies will need to do these three things

Build your strategy and conduct materiality assessments

Building your ESG & Sustainability strategy is complex as ESG covers at least twenty different areas. Your strategy should clearly define your boundaries, scope, and conduct a materiality assessment. You should look at broader ESG topics not just GHG emissions.

Understand climate risks and build a scenario analysis

While climate risks are just one of the twenty different areas you need to focus on, they are important as they are reportable ones. Focused sessions, working groups, and working with your stakeholder will help to define your scenarios and how you impact the climate and how the climate impacts you.

Build programmes across key material topics.

Your role isn't to set a set of ESG & Sustainability targets and walk away. It is to build a programme to meet each and every target across all of the ESG topics. From reducing waste, reducing energy consumption, reducing GHG emissions, driving supplier transparency, whistleblowing and governance.

ESG & Sustainability Expert

Scott Lane

Scott Lane has worked as a leader in global companies across legal, compliance and governance for most of his career. having been based in Hong Kong for almost 15 years of his professional career, Scott understands the culture and needs of Hong Kong companies. Scott is a strong strategic thinker and communicator that helps to align large companies into a common goal. Scott is based in Asia.

Scott Lane

Some examples where Speeki can help you in Hong Kong with ESG & Sustainability?

Speeki can help you build an overarching ESG & Sustainability strategy and kick off your focused initiatives.

You will need a clear strategy led from the Board and executed through management. With oversight and assurance, your Board can feel comfortable that ESG & Sustainability is a competitive advantage not simply a cost. Working with the Board and management, we help you understand risk and opportunities and define a strategy on which to execute.

Build your strategy around corporate sustainability due diligence and manage risks in your supply chain.

Many countries are now requiring you to conduct deep dive due diligence on your value chain. Even if Hong Kong doesn't have this requirement, other countries in which you operate does have that requirement. Plus, you will no doubt be impacted as a supplier to major companies. Lean-in and get ahead of the regulations.

Gain a certification against an ISO standard for key ESG areas, highlighting your extraordinary committment.

Speeki through our subsidiary Speeki Europe is a globally accredited certification body for ISO management system standards. Subject to our independence rules, we can certify you in Hong Kong (and your global operations) against standards like anti-bribery, compliance, governance, social responsibility, whistleblowing and more.

The Speeki platform builds and implements your strategy in one secure online solution.  

Speeki can be used by wide range of entities in Hong Kong, including businesses of all sizes, across various industries. Whether you're a small enterprise looking to start your sustainability journey or a large corporation seeking to enhance your ESG practices, Speeki has software and solutions that can cater to your needs.

You need help with a certain ESG topics and moving from a policy to a programme?

If all you need right now is help to build a whistleblower solution, an anti-bribery compliance or management system or help to build a global human rights and modern day slavery system, Speeki can help. With consulting, technology and assurance solutions, we are ready to step in and add value to your business.

Speeki can provide assurance of your ESG reports before submission to regulators?

Speeki provides assurance solutions across ESG & Sustainability. Subject to our independence rules, we can build a plan for an audit and assurance of your ESG reporting. Validate your rpeorting with the comfort of independent assurance.  

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Your ESG & Sustainability journey in Hong Kong begins here.

Have questions or ready to take the next step? Reach out to our expert team for a personalised consultation and see first hand how Speeki can transform your ESG initiatives
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