07 Jan 2019
Towngas tops Hong Kong Business Sustainability Index
The Chinese University of Hong Kong (CUHK) Business School’s Centre for Business Sustainability (CBS) announced the results of the fourth Hong Kong Business Sustainability Index (HKBSI), which saw Towngas coming in first among a list of 50 Hang Seng Index constituent companies. Towngas is the first company to score above 90 points and be ranked as an Exemplar, which underscores its efforts in business sustainability and corporate social responsibility (CSR), as well as its commitment to responding to stakeholders’ wishes and demands with a view to attaining sustainable corporate and community development.
Formulated based on the Values – Process – Impact model, the HKBSI aims to encourage major corporations to fulfil their corporate social responsibility and to achieve business sustainability through advanced operation models. CUHK CBS assesses companies according to their CSR values, process management and practice, as well as impact on the community and the environment.
Going forward, Towngas will continue to incorporate the goal of long-term sustainable development into its business strategies and management practices, and work towards realising the Group’s vision in corporate social responsibility.
Professor Kalok Chan (right), Dean of The Chinese University of Hong Kong Business School, and Professor Christine Loh Kung-wai (left), Chief Development Strategist of the Division of Environment and Sustainability, Hong Kong University of Science and Technology, present a certificate for Towngas’ placing first to John Ho Hon-ming, Towngas Chief Financial Officer and Company Secretary.