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Biz in Brief
CKHH cited for Excellence at HKMA Awards
CK Hutchison was cited for an “Excellence Report Award” at the 2023 Best Annual Reports Awards. The Awards are presented by the Hong Kong Management Association and recognise not only timely and accurate reporting but also accessibility, clarity and the quality of environmental, social and governance reporting in the Annual Report. Congratulations!
CK Group companies were awarded more “Caring Company Logo” designations than any other corporate group in Hong Kong. Not only did the group receive a record 166 awards across subsidiaries but many companies were awarded 5, 10, 15 and even 20 Year Plus Awards for consecutive awards, demonstrating the CK Hutchison Group’s commitment to fostering “strategic partnerships between the business and social welfare sectors to promote corporate social responsibility and build an inclusive society”. This includes A.S. Watson which, in addition to receiving a 20 Year Plus Award, also received a Barrier Free Award and an Outstanding Partnership Project Award.
CK Hutchison Group Telecom (CKHGT) received approval of its near-term science-based greenhouse gas emissions reduction targets from the Science Based Targets initiative (SBTi). SBTi is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), enabling businesses to set ambitious emissions reductions targets in line with the latest climate science. CKHGT is committed to reducing its carbon footprint through actions such as sourcing more renewable energy, improving energy efficiency and working with suppliers to also reduce their carbon footprint in the supply chain. The process of continuous reduction of the company’s carbon output will include mapping out a plan for net-zero status by 2050.
CK Hutchison is taking big steps in empowering the net-zero transition. Join us to learn about the significant steps being taken across the Group’s core businesses of Ports, Retail, Telecommunications and Infrastructure to create a greener future.
During the virtual conference you will hear from Executive Directors and business-level CEOs that are setting the tone from the top. You will learn how Ports, Retail and Telecommunications have set - and will achieve - their science-based targets and net-zero commitments. The companies within the Infrastructure division will share the leadership steps they are taking in renewable and other clean energy, developing a circular economy, promoting climate adaptation and protecting biodiversity.
The inaugural conference has been organised Group-wide and we welcome delegates from across the Group. The agenda is available here.
Please sign up here by February 1 to secure a (limited) spot. Space is limited, priority will be given to CK Hutchison Group colleagues.
The team at CK Hutchison head office put a lot of effort into the annual reports and their hard work is rewarded year after year at the ARC Awards for excellence in annual reports. This year they won a Silver award for the Cover/Photo Design in the Diversified Business category. They were also recognised with a Bronze award in the category of Traditional Annual Report. The Hong Kong Management Association was also impressed, bestowing a Best Environmental, Social and Governance Reporting Award and an Excellence Report Award to CK Hutchison. Well done!
Victor Li awarded the Grand Officer of the Order of the Star of Italy
Mr Victor TK Li, Chairman of CK Group, was bestowed the honour of Grand Officer of the Order of the Star of Italy by the President of the Italian Republic, H.E. Sergio Mattarella for his outstanding contributions to the Italian economy, and for his achievements in promoting friendly relations as well as in fostering business ties between Italy and Hong Kong.
CK Group is one of the largest foreign investors in Italy. The Group has been investing in the country since 2003 with over 7,000 employees and businesses that include Wind Tre, an integrated communications company; Marionnaud, Europe’s leading perfumeries and cosmetics retailer; and ista, a leading fully integrated energy management services provider.
Mr Li Ka-shing, Senior Advisor of CK Group had been honoured with the Grand Officer of the Order of Merit of the Italian Republic in 2005.
The CK Hutchison Annual Report 2020 has won accolades across three platforms. The world’s largest Annual Report Competition, ARC Awards, bestowed an Honors Award to CKHH for the Cover Art of the report. The Hong Kong Management Association awarded a Certificate of Excellence in Environmental, Social and Governance Reporting for CKHH’s “commitment to ethical values and behaviours”. MerComm’s Mercury Awards bequeathed the only Honors designation in the Annual Reports – Overall Presentation (Diverse Business) category. Congratulations!
CK Hutchison brings seasonal joy to the children of Hong Kong
Among the gardens and forests of The Peak in Hong Kong, CKHH volunteers joined the children of Yan Oi Tong to brighten their lives. Yan Oi Tong works with children and elderly people in need. The Christmas Running Game was the theme of the day as children and volunteers joined forces to complete fun tasks, play games and run around The Peak, leaving everyone exhausted – and exhilarated!
CK Hutchison’s commitment to sustainability in corporate governance was recognised in the Hong Kong Corporate Governance Excellence Awards 2020. Organised by The Chamber of Hong Kong Listed Companies, the Excellence in Sustainability award commends the Group’s comprehensive partnership with a wide range of stakeholders whose input was deliberated on at Board level, demonstrating the importance of environmental, social and corporate governance (ESG) engagement to investors and ESG ratings agencies. CKHH delivered extraordinary results while meeting the challenging complexity of governance across a conglomerate with over 300,000 employees in about 50 countries across the world.
A new Group-wide deal with online video conferencing platform Zoom applies to all CKHH Group companies. The agreement delivers a 70% discount off usual rates, with the first year of the enhanced service being free. Users will benefit from superior support and access to new developments and enhancements. As a Group-wide offer, the Group Information Services Department can work with Group companies’ IT departments to answer queries or provide support.
CK Hutchison published its first stand-alone Sustainability Report in 2020. The Group’s commitment to sustainable practices and increased disclosures have received positive feedback from investors and environmental, social and governance (ESG) rating agencies.
CKHH’s commitment to excellence earned two accolades for its 2019 annual report. The first was the Honour Award at the ARC Awards, which recognises remarkable writing and design in annual reports. The second was the Hong Kong Management Association’s Best Annual Reports Award (Citation for Design), which honours the Group for its stellar presentation of core business segments.