Corporate News

Chong Hing Bank achieves the Environmental, Social and Governance (ESG) Awards 2018 hosted by Economic Digest

In February 2018, Chong Hing Bank achieved the Environmental, Social and Governance Awards 2018 hosted by Economic Digest.

Promoting the development of Sustainability
Chong Hing Bank strives to promote sustainable development. We are aware that the economy, society and the environment are very much interrelated and are formulating long-term development strategies that incorporate these key factors. This award is a big encouragement for Chong Hing Bank on the development of sustainability.

Policies on Environmental, Social and Governance
To benefit customers, employees, shareholders and the community, Chong Hing Bank actively communicate with different stakeholders to understand their opinions and needs during formulation of our environmental, social and governance policies. We are committed to creating long-term value for our customers, employees, shareholders and society, in line with our own growth.

Establishment of Environmental, Social and Governance Working Group in 2016
The ESG Working Group, which is led by the Chief Operating Officer with representatives from various departments, was established in 2016. It is responsible for implementing various environmental, social and governance policies, including but not limited to the“Environmental Policy”, “Occupational Health and Safety Policy” and “Community Investment Policy”. The Working Group regularly reports to the Executive Committee and the Board of Directors regarding the implementation progress, enabling the Board of Directors to assess and determine the appropriateness and effectiveness of the ESG risk management and internal control systems.

Establishment of Chong Hing Bank Voluntary Team in 2017
In order to further promote the participation of employees and their families in volunteer, we set up the Chong Hing Bank Volunteer Team in December 2017. The Chong Hing Bank Volunteer Team consists of employees from different departments, so as to promote interaction across departments, team cohesion, and joint development of the business and community.

Future development on Environmental, Social and Governance
Chong Hing Bank regards sustainable development as one of our strategic goals. We fulfill our corporate social responsibility through caring for the environment, caring for our employees and giving back to the community. On top of operating in an environmentally friendly manner, the Bank will keep introducing measures such as improving group medical insurance coverage for employees, protecting employees from occupational health and safety risk.

Chong Hing Bank Limited
20 March 2018