Background

• Introduced by the Institute in 2000, the Awards are Hong Kong's most well-established, dedicated CG and ESG awards. The main objectives of the competition are to encourage and promote good CG and sustainability/ ESG disclosures and practices, and to acknowledge companies and PSOs that exemplify the best CG and sustainability/ ESG standards in Hong Kong. In addition, the Awards aim to encourage listed companies and PSOs to progressively integrate the oversight and implementation of their CG and ESG.
  
  
• The Awards have expanded over the past two decades from a total of three categories and ten possible awards to seven main categories and over 50 possible awards.
  
  
• The H-share and Other Mainland Enterprises Category includes non-H-share companies, the majority of whose sales revenue (or profit or assets, etc.) derives from the Mainland, based on the composition of the "Hang Seng Mainland 100" index.
  
  
• Non-HSI companies are divided into three separate categories, based on the following market capitalisation thresholds (with a cut off at 29 April 2022):
  
  (i) Large market capitalisation (Over HK$38 billion),
  (ii) Medium market capitalisation (Over HK$6 billion to HK$38 billion); and
  (iii) Small market capitalisation (HK$6 billion or less).
  
  
• Public sector /not-for-profit organisations are divided into two categories, namely, (i) large and (ii) small- to medium-size, based on their total revenues.
  
  
• The Awards brochure provides further information about how candidates will be assessed for the different kinds of awards.
  
  
• The Judges' Reports for the years indicated below (click on the relevant link) contain the results and commentaries on the CG performance and also, starting from 2011, the sustainability/ ESG performance of the award winners, as well as general observations on the standard of CG and sustainability/ ESG in Hong Kong:

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Recent A Plus articles on the awards

As part of the Institute’s celebration of the 20^th anniversary of the awards, the Institute’s monthly magazine A Plus has featured articles on how the awards have helped to develop Hong Kong’s corporate governance landscape, and what winning awards means to companies and public sector organizations.

• What's the purpose? - January 2020 issue
• The Best Corporate Governance Awards at 20: The awards of change - March 2020 issue
• Meet the speaker: E-learning course on ESG - May 2020 issue
• The Best Corporate Governance Awards at 20: Leading by example - June 2020 issue
• Thought leadership: Bridge the gap between ESG and business risks - July 2020 issue
• The Best Corporate Governance Awards at 20: Setting Bold Goals - October 2020 issue
• Second opinions: How can whistle-blowing policies and procedures in companies improve? - November 2020 issue
• The Best Corporate Governance Awards at 20: Winning the long game - December 2020 issue
• How to: Steps to improving your corporate disclosures - January 2021 issue
• Steering towards success - March 2021 issue
• Investing for a sustainable future - April 2021 issue
• Beyond the bottom line - June 2021 issue

• Setting the right tone - December 2021 issue

• A kaleidoscope of views - January 2023 Issue

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