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CECEP Environmental Consulting Group Limited

Service Providers Framework 2020

You are in Strategy and Governance » Policy on ESG beliefs

Policy on ESG beliefs

SG 01. Responsible investment policy

01.1. Describe how your organisation’s philosophy incorporates environmental, social and governance factors, and the link to your business offerings.

Our vision is to unearth enterprises' sustainability values, creating a better tomorrow together.

Our mission is to provide enterprises and investors with outstanding sustainability advisory and ESG investing strategy services. 

01.2. Indicate whether you have policies that formalise the incorporation of your ESG beliefs in your business offerings.

01.3. Indicate the components/types of your internal policy and provide the URL and/or an attachment of the document/s if they are publicly available.

Policy components/types

Public availability

01.4. Indicate how these are put into practice internally across the organisation.

01.5. Additional information [OPTIONAL]


SG 02. Norms used to develop policies

02.1. Indicate what frameworks and guidelines you have used to develop your organisation’s policies. Tick all that apply.

02.2. Additional information. [OPTIONAL]


SG 03. Policy offerings to clients

03.1. Indicate whether you offer standard, off the shelf, policies to clients as part of your product offerings, and/or whether you create tailored versions for individual clients.

Off the shelf
Tailored
Asset class-specific RI guidelines
Sector-specific RI guidelines
Screening/exclusions policy
Engagement policy
(Proxy) voting policy
RI guidelines set out within the Investment Policy Statement (IPS)
RI guidelines set out in a freestanding RI policy
Multi-year RI implementation project plan
Conflict of interest management policy
Stockbroker allocation policy
Securities lending policy
Other, please specify (1)
Other, please specify (2)
Other, please specify (3)
None of the above

03.2. Provide a brief description of the key elements, any variations, or exceptions applying to these policies.

CECEP Environmental Consulting Group takes every client seriously and listen to their needs. We provide off-the-shelf and/or tailored sustainability and ESG consulting services in different circumstances according to our expertise and experiences. We believe it is important to have enough communication and engagement with our clients to understand their needs and characteristics before applying the correspondent and suitable policies.

03.3. Additional information. [OPTIONAL]


SG 04. ESG/RI in business offerings

04.1. Briefly describe how you include ESG/RI factors as part of your business offerings.

Business area

Reporting

How you include ESG/RI factors

CECEP Environmental Group provides professional corporate sustainability consulting services to clients with reference to ESG factors and assist clients in improving their ESG performance and formulating ESG integration strategies.

  • Environmental, Social and Governance (ESG) Report Consulting Services
  • Global Reporting Initiative (GRI) Report Consulting Services
  • Corporate Social Responsibility (CSR) Report Consulting Services
  • Sustainability Reporting Assurance Services 
  • EnvAI – The Professional Data Analysis and Management Platform

Investment Consultancy

How you include ESG/RI factors

Investment Consultancy provided by CECEP Environmental Group is focus on ESG and Responsible Investment Industry Research. We will give clients comprehensive views on certain industries and companies and the ESG risk analysis.

Research and Data Provision

How you include ESG/RI factors

CECEP Environmental Group provides tailored ESG data service to investors with different investment strategies in order to achieve responsible investment and sustainable goals. We developed a variety of ESG assessment models tailored to users' needs for ESG risks identification and ESG integration. Our ESG rating models provide an objective evaluation of companies to investors that are interested in their ESG performance, especially in the China market. It is suitable for all kinds of investors to explore market opportunities and monitor companies' performances and detect risks. 

Other, specify (1)

          Sustainability Report Assurance
        

How you include ESG/RI factors

ESG/RI factors are integrated into our Sustainability Report Assurance.

Other, specify (2)

          Environmental Consulting
        

How you include ESG/RI factors

ESG/RI factors are integrated into our Environmental Consulting.

Other, specify (3)

          Renewable Energy Business
        

How you include ESG/RI factors

ESG/RI factors are integrated into our Renewable Energy Business.

04.2. Indicate the roles in your organisation, and indicate for each whether they have oversight and/or implementation responsibilities for ESG/RI within the organisation.

Roles present in your organisation
Oversight/accountability for ESG/RI
Implementation of ESG/RI
Board
Directors
Chief Executive Officer (CEO), Chief Financial Officer (CFO)
Chief Operating Officer (COO), Chief Information Officer (CIO)
Other chief-level staff
Other heads of department

Please specify

          The heads of Sustainable Development Department and Green Finance Department
        
Dedicated ESG/RI staff
Other role, specify (1)
Other role, specify (2)
Other role, specify (3)
None of the above

04.3. Indicate how you ensure ESG/RI expertise for the roles where there are RI oversight/accountability or implementation responsibilities.

04.4. Indicate whether your organisation has any ESG/RI linked incentives for its employees.

04.6. Describe how you ensure that your employees incorporate ESG/RI into services through other mechanisms than ESG/RI linked incentives.

The company has both ISO9001 and ISO14001 certifications which provide systematic and stringent procedures on services which requires ESG factors to be incorporated into our services.

04.7. Additional information [OPTIONAL]


SG 05. Outsourcing of services (Private)


SG 06. Providing training/education

06.1. Indicate whether you provide training/educational services on ESG/RI. Tick all that apply.

          Professional consultant training
        

06.2. Describe the main components of your training/educational services on ESG/RI and any variations depending on the group you provide training/education to.

1. The GRI Standards Course Introduction

  • Introduction and background
  • Overview of the GRI Standards
  • GRI Standards
  • Start your reporting process using the GRI Standards; Additional resources

2.The Executive/Board/Regulatory Bodies Training Programme in Sustainable Finance

  • Introduction of International and Local Sustainable Finance Developments; Overview and Practice of Sustainable Finance Certification in China and Globally
  • How to Interpret the Latest Policies and Prepare for the Policy Change; Implementation of the China/EU/Hong Kong Green Finance Certification Scheme; Impact Assessment and Stakeholder Engagement
  • Business Opportunities of the "Green Label"& Challenges in the Market

06.3. Describe whether these training/educational services include any commercial elements.

          These training services can be charged.
        

06.4. Additional information. [OPTIONAL]


SG 07. Applying, advancing and promoting the PRI principles

07.1. Describe how your organisation applies, advances and promotes the PRI Principles.

We have actively applied the PRI Principles into our business areas and also promoted the PRI in different events and initiatives, especially in introducing it into the China market and to Chinese investors. We will continue our efforts in facilitating the promotion and implementation of the PRI Principles in different areas.

07.2. Highlight whether there are any ways that your organisation would like to engage further with the PRI. [OPTIONAL]

We would continue to engage with the PRI in promoting it into the China market, in research collaboration and investor education etc.


SG 08. Actions taken to promote responsible investment

08.1. Indicate which of the following actions your organisation has taken to promote responsible investments during the reporting year, independently of collaborative initiatives.

08.2. Additional information. [OPTIONAL]


SG 09. Long term trends

09.1. Indicate which of the following long-term trends are addressed in your product outputs.

09.2. Explain how this long-term trend affects your product outputs.

Climate Change is a top issue in our products, the Investment Research Reports we developed include climate change risk of that industry and also, we explained how can companies mitigate and adapt climate change risk and build resilience to help both investors and companies to have a better performance.

09.2. Explain how this long-term trend affects your product outputs.

Our ERA (Environmental risk assessment) takes natural resource distribution into consideration. our data will be used by asset managers and when they plan to invest in one company, they will be aware of the resource risks related to the company. In long term, through active corporate engagement, the company may upgrade their energy structure to face the scarcity.

09.2. Explain how this long-term trend affects your product outputs.

We have developed an ESG information platform - EnvAI with a goal for streamlining the ESG data collection process and its analysis, thus to improve the overall working efficiency. Through the built-in industry benchmarking functions, the management team could better understand corporate internal sustainability performance, which helps set up feasible long-term development goal and plan, boosting companies’ growth with sustainable development. We also promote the big data management system to enhance corporate ESG performance.


SG 10. Interaction with asset owners

10.1. Indicate whether you interact with asset owner clients.

10.2. Indicate the typical frequency and type of interactions with your asset owner clients.

Type of interaction

Frequency

10.3. Additional information. [OPTIONAL]


SG 11. Aligning approach with investor goals

11.1. Describe how you typically align your organisation’s philosophy and approach to ESG/RI with your investor clients’ goals.

Environmental, social and governance factors have been the foundation of CECEP Environmental Consulting Group's business model. ESG factors have been embedded in our own internal control procedures and formed the core part of our business strategy. When we communicate with our interested parties, clients and other stakeholders, we take an integrated approach to include ESG factors into our services when assisting clients to meet their goals.

Besides our role as a service provider, CECEP Environmental Consulting Group has been actively promoting ESG and RI as the co-chair of the Hong Kong Green Finance Association's ESG Disclosure and Integration Working Group. To increase society's and industry's understanding on ESG integration and responsible investment, we have been an active participant in different initiatives and dialogue with local and international counterparts, NGOs and associations.

11.2. Additional information. [OPTIONAL]


SG 12. ESG recommendations not aligned with investor goals

12.1. Describe what steps you take, if any, when your ESG recommendations are not in line with your investor clients’ goals.

12.2. Additional information. [OPTIONAL]


SG 13. Seeking feedback from clients

13.1. Indicate whether you seek feedback from clients on your RI/ESG services and product offerings

13.2. Describe how you use this feedback in your RI/ESG services and product offerings.

We would provide surveys to our clients and ask for comments on our services. And we will provide recommendations and ESG integration proposals to enhance our product offerings based on client's comments and opinions. 


SG 14. Managing conflicts of interest

14.1. Indicate whether your organisation has a policy for managing potential conflicts of interest.

14.2. Describe how you manage potential conflicts of interest.

CECEP Environmental Consulting Group has a Staff handbook that includes Code of Conducts applied to all staff grades. It ensures all CECEPEC employees follow the guidelines and work with integrity, independence and ethics. Staff must declare to the company any conflict of interest that arises, include any financial interest, direct or indirect. Any unacceptable behaviour will be dealt with seriously.

14.3. Describe how you ensure that company employees do not derive any personal gain from the use of information collected during your work process.

The relevant and applicable guidelines and regulations are applied to all staff grades.

14.4. Additional information. [OPTIONAL]


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