Business with Higher Purpose Ricky Szeto 1 Our Core Value - - PowerPoint PPT Presentation

business with higher purpose
SMART_READER_LITE
LIVE PREVIEW

Business with Higher Purpose Ricky Szeto 1 Our Core Value - - PowerPoint PPT Presentation

Business with Higher Purpose Ricky Szeto 1 Our Core Value Naturally Made, Wholeheartedly Good Cultivate Quality and Serve Products No added MSG Chinese Herbal Reliable with a Home- and Culture


slide-1
SLIDE 1

1

Business with Higher Purpose

Ricky Szeto

slide-2
SLIDE 2

2

Our Core Value

Naturally Made, Wholeheartedly Good “真心製造 自然流露”

No added MSG and Preservatives Quality and Reliable Ingredients Cultivate Chinese Herbal Culture Serve Products with a Home- made Feel

slide-3
SLIDE 3

3

Our Story Begins in 1986…

Opened first herbal tea shop under the “Hung Fook Tong” name in Kwai Chung, Hong Kong

slide-4
SLIDE 4

4

(Stock Code: 1446)

Hung Fook Tong Group Holdings Limited

….Turns a New Page in 2014

slide-5
SLIDE 5

5

Diversified products

Leading the industry with continuous breakthroughs

200+ products on offer

Herbal and Non-herbal Drinks Tortoise Jelly Food Products Soups

Two Key Business Segments

Retail Shops Wholesale

Continuous innovation

First to launch glass bottled herbal drinks Listed on the main board of the SEHK Launched aluminum foil bag package for herbal jelly Self-operated & highly automated production facilities Largest Chinese herbal retailer* in Hong Kong

Sales Channels

* According to the number of retail shops in May 2019

slide-6
SLIDE 6

6

ESG of Hung Fook Tong

slide-7
SLIDE 7

7

ESG Disclosure

  • Comply with HKEx Listing Rule Appendix 27 “ Environmental,

Social and Governance (ESG) Reporting Guide”

2016 ESG report 2017 ESG report

slide-8
SLIDE 8

8

ESG integration in Business Strategies

Corporate Governance Risk Management Sustainable Development Green Economy Company Reputation Corporate Culture

slide-9
SLIDE 9

9

Reporting Principles

ESG Report

Materiality Balance Consistency Quantitative

slide-10
SLIDE 10

10

Materiality Assessment

 Identify material issues through stakeholder engagement  Help the Group review potential risks and business opportunities

Regular communications with Stakeholders Materiality Analysis

slide-11
SLIDE 11

11

Quantitative Data & Consistent Methodology for Meaningful Comparison

slide-12
SLIDE 12

12

  • Herbal tea grounds  natural handmade soaps (涼茶渣再生手工皂)
  • Pop-up store @PMQ  promote the benefits of up-cycling

Creative & Green

slide-13
SLIDE 13

13

GREENSEED

 An energetic committee to promote a healthy and sustainable lifestyle

namely “GREENSEED” Organizes various programmes to raise the awareness of a healthy diet and lifestyle among our staff and the general public in large such as 著綠有著「素」,咖啡渣磨砂工作坊,舊TEE 變身環保袋工作坊 etc

slide-14
SLIDE 14

14

ESG Integration

1 Green Finance: Meaning

Definition of Green Finance (IDFC): The International Development Finance Club (IDFC) defines green finance as financial investments flowing into sustainable development projects and initiatives, environmental products, and policies that encourage the development of a more sustainable economy

Sustainability

In June 2007, the European Inves estment Bank issue the world’s first la labell lled green bond – a 600 600 milli illion Euro-doll llar tr transaction la labell lled a ‘Climate Awareness Bond’

slide-15
SLIDE 15

15

Measuring ESG performance: A benchmarking issue

Strategic &

Low Social & Financial Return Lo Low Soc Social al bu but High igh Fin Financial Return Hig igh Soci cial & & Financi nancial Return turn Hig igh Soci Social bu but Lo Low Fin Financial Return The Key Chal allenges: s:

  • Quantify Social Return using

scientific or systematic KPIs.

  • Integrate Social and Financial

Return into a composite performance indicator.

  • Large scale research to profile

ESG preference in terms of utility function is needed to form a scientific database to construct benchmarks related to ESG investments.

slide-16
SLIDE 16

16

slide-17
SLIDE 17

17

Corporate Social Responsibility (CSR)

  • Doin

ing Well ll by by Doin ing Go Good d (Ma Mark k Kram amer) er)

  • Good Co

Corporate

  • rate Ci

Citiz izen en (Mi Michael hael Porter) ter)

slide-18
SLIDE 18

18

  • CSR 1.0

Stages : Defensive, Charitable, Promotional & Strategic

  • CSR 2.0

Transformative

  • CSR 3.0

Sustainable Development of Companies and Society and Overcome Societal Issue

slide-19
SLIDE 19

19

Creating Shared Value (CSV)

  • CSR is about Responsibility
  • CSV is about Creating Value
slide-20
SLIDE 20

20

“…… Shared value is a logical progression from CSR, because incomes are raised for everyone, not through charity and by a being a “good corporate citizen,” but by “being a better capitalist – it’s a win-win.” Michael Porter

slide-21
SLIDE 21

21

  • CSV concept supersedes CSR for it is a way for

corporations to sustain in the competitive capitalistic market

  • CSV is internally generated not confined to

financial budget as CSR

  • Vision for growth
slide-22
SLIDE 22

22