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CUHK Business Sustainability Indices reveal resilience amidst the pandemic and launches Global and Real Estate Indices

Press Release, SDG8 Decent Work and Economic Growth | 23 September 2022

// The Centre for Business Sustainability (CBS) of The Chinese University of Hong Kong’s (CUHK) Business School announced results of the Business Sustainability Indices (BSI) and the launch of Global Business Sustainability Index (Global BSI) and Real Estate Business Sustainability Index (REBSI) today (23 September).

The assessment period saw the emergence of COVID-19.  To cope with the unprecedented challenges sparked by the pandemic, many companies shifted their focus to the bottom line and strengthened their interactions with primary stakeholders, such as deploying flexible working arrangements for employees.  However, the score for practice and impact decreased moderately (down by 8.02-11.62% in Hong Kong, Taiwan and Shanghai).

On average, Taiwanese companies remained top performers (average BSI score: Taiwan 68.68, Hong Kong 59.65, Shanghai 43.04 and Shenzhen 34.80) and outshone in sustainability engagement and reporting, including extensively crafted CSR reports and comprehensive online disclosure. //

Read the article in full: https://bit.ly/3fkANAx 

CUHK Business Sustainability Indices reveal resilience amidst the pandemic and launches Global and Real Estate Indices

https://www.srsdo.cuhk.edu.hk/images/content/news/business-sustainability-indices.png

23 September 2022

08:00am

// The Centre for Business Sustainability (CBS) of The Chinese University of Hong Kong’s (CUHK) Business School announced results of the Business Sustainability Indices (BSI) and the launch of Global Business Sustainability Index (Global BSI) and Real Estate Business Sustainability Index (REBSI) today (23 September).

The assessment period saw the emergence of COVID-19.  To cope with the unprecedented challenges sparked by the pandemic, many companies shifted their focus to the bottom line and strengthened their interactions with primary stakeholders, such as deploying flexible working arrangements for employees.  However, the score for practice and impact decreased moderately (down by 8.02-11.62% in Hong Kong, Taiwan and Shanghai).

On average, Taiwanese companies remained top performers (average BSI score: Taiwan 68.68, Hong Kong 59.65, Shanghai 43.04 and Shenzhen 34.80) and outshone in sustainability engagement and reporting, including extensively crafted CSR reports and comprehensive online disclosure. //

Read the article in full: https://bit.ly/3fkANAx 

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