As a general practice for most listed companies, stakeholders engagement and materiality assessment are conducted annually or at least regularly. With the material issues identified been used as the basis of the sustainability reporting as well as guidance for the senior leadership of companies in designing long-term business strategy, the validation of the assessment process and the ESG issues identified are crucial to business operations.

GreenCo recently conducted a validation meeting for a licensed bank in Hong Kong. During the meeting, the methodology of materiality assessment, analysis of responses and material issues identified were presented to the senior management and leadership of the company for endorsement. Expectations and recommendations from the stakeholders were also summarised for their reference.

We believe by conducting validation meeting is one of the best ways for the senior management of a company to demonstrate its engagement in the overall ESG oversight while fulfilling its obligations for the good ESG governance.

Disclaimer: The ESG news and analysis cannot be relied upon to cover specific situations and the information in the news and analysis is not suggested to be used without obtaining specific professional advice. Greenco and its directors, employees and agents do not accept or assume any liability or duty of care for any loss arising from any action taken or not taken by anyone in reliance upon the information in this news and analysis or for any decision based on it.
免責聲明: 本ESG分析不能用作涵蓋特定情況且不建議在未獲得專業建議的情況下使用其中的信息。勤創永續及其董事、員工和代理人對由於任何人依賴本分析中的信息而採取或不採取的任何行動所造成的任何損失不承擔任何責任或義務。