The Department of Management and Marketing earlier announced the Hong Kong Business Sustainability Index (HKBSI) for the second year. With the support of The Hong Kong Council of Social Service and the Hong Kong Productivity Council, the HKBSI was compiled, assessing the performance of 50 constituent companies of the Hang Seng Index in the areas of corporate social responsibility (CSR) values, CSR process (comprising CSR management and practices) and CSR impact, as well as the company’s contributions to economic, social and environmental sustainability.
The overall average score of the HKBSI was 45.73 on a 100-point scale, up 9.53% compared to that of last year. The average score of the top 20 Index companies was 68.82, up 20.21% compared to that of last year. The results reflected that companies have been increasingly concerned about business sustainability and have channeled more efforts in the implementation of CSR practices. Detail >>