IACCT (China): HKGCC – Putting Hong Kong on the Map for Green and Sustainable Finance

Book your place now for IACCT (China) Supporting Event: Hong Kong General Chamber of Commerce (“HKGCC”): Putting Hong Kong on the Map for Green and Sustainable Finance.

Event Details
Event:  IACCT (China) Supporting Virtual Event
Theme:  Putting Hong Kong on the Map for Green and Sustainable  Finance
Date & Time:  12 May 2021 Wednesday 09:00 – 11:30
Venue:  Online via Zoom
Language:       English
Cost:             
No Cost Charged by IACCT (China)
HKGCC’s member rate HK$100 (Charged by HKGCC)
(HKGCC Original Full price HK$200)

Background
A growing awareness of climate risk has galvanised governments and regulators to take action in recent years. This has been accompanied by a rise in stakeholder capitalism, which is backed by more and more top CEOs, who are re-orientating the purpose of their companies to include benefiting all stakeholders – customers, employees, suppliers, communities and shareholders, through the pursuit of such objectives as sustainability. The rise of activist investors has also contributed to a sea change in businesses’ attitudes to climate change.

As a result, ESG investing, which was once a marginal activity in the financial world, is increasingly taking centre stage. According to UBS, assets in ESG Funds soared to US$1 trillion last year. This is because such funds often offer higher returns but at lower volatility. All of these developments have made it possible to align value with values, whereby capital is deployed to improve efficiency in resource allocation, lower emissions, and the creation of sustainable products and services, while being rewarded for doing so.

Against such a backdrop, Hong Kong has set up a Green and Sustainable Finance Cross-Agency Steering Group (“Steering Group”) in 2020 to promote and accelerate the growth of green and sustainable finance, as well as to coordinate the management of climate and environmental risks in the financial sector. The Steering Group is co-chaired by Hong Kong Monetary Authority (“HKMA”) and Securities and Futures Commission (“SFC”).

About the Webinar
In this half-day webinar, HKGCC has invited HKMA Chief Executive Mr. Eddie Yue and SFC Chief Executive Officer Mr. Ashley Alder to speak respectively on developing Hong Kong into a green and sustainable finance hub and the importance of climate change to Hong Kong’s future as a global finance centre.

In addition, there will be two panel discussions which will line up the following industry experts to discuss on the opportunities and challenges arising from the sustainable finance market, as well as offer insights to investors’ perspectives on sustainable investment:

Panel 1: Growing Hong Kong’s Sustainable Finance Market – Policies, Platforms and Opportunities

• Ms Ellie Tang, Head of Sustainability, New World Development Company Limited
• Ms Grace Hui, Managing Director, Head of Green and Sustainable Finance, Markets Division, Hong Kong Exchanges and Clearing Limited
• Mr Nishad Majmudar, Assistant Vice President and Analyst, Sovereign Risk Group, Moody’s Investors Service

Panel 2: Climate Change and Finance – Reshaping the Financial Industry to Conform with Investor Expectations

• Mr Dylan Bryant, Co-chair, Insurance Working Group, Hong Kong Green Finance Association
• Mr David Day, Head of North Asia, Data & Analytics, London Stock Exchange Group
• Ms Amy Lo, Chairman, Executive Committee, Private Wealth Management Association

As a supporting partner of the event, IACCT (China) has obtained the consent of HKGCC for our members to join the event at HKGCC’s special member rate of HKD100. In the Interest of time, IACCT (China) would pay the registration fees to HKGCC on behalf of the enrolled members in advance. Members can repay HK$100 to IACCT (China) via WeChat Pay to Gogo Ko [Account: 85291923166], FPS [No. 9192 3166] or any other way you suggest.

Please click the link for the [Google registration form] to complete the online registration before noon of 7 May 2021. 

For more information about the event, please click the link for the [HKGCC – Putting Hong Kong on the Map for Green and Sustainable Finance].

If you have any questions on the above, please feel free to contact the following committee members of IACCT (China):

Ms. Gogo Yung Lai Ko
Mobile: (852) 9192 3166
Email: Ko.yunglai@yuexiu.com  
WeChat: 85291923166

Mr. Alfred Yung  
Mobile: (852) 5988 0371  
Email: alfredchyung@gmail.com
WeChat: 85259880371

Ms. Stella Law  
Mobile: (852) 9725 0242  
Email: stella.law@chftaa.com
WeChat: iamstellalaw