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RETAIL BANKING | Tony Chua, Hong Kong
Published: 18 Oct 11
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Hang Seng Bank joins Dow Jones Sustainability Asia Pacific Index

Hang Seng Bank joins Dow Jones Sustainability Asia Pacific Index

The lender is the first in Hong Kong to be recognized by the Global Reporting Initiative standards.

Hang Seng Bank is now a constituent stock on the Dow Jones Sustainability Asia Pacific Index (DJSI Asia Pacific) — the first local bank in Hong Kong to be included in the index.

The DJSI Asia Pacific sets benchmark for best-in-class corporate sustainability performance of companies in the Asia Pacific region based on the long-term economic, environmental and social criteria.

Hang Seng's good practice in corporate responsibility was particularly noted on environmental performance and social reporting.

Hang Seng has published its annual online corporate responsibility report since 2006. The report provides details of the Bank's sustainability principles, the relationships with key stakeholders and the major corporate social responsibility projects. Its report follows the internationally recognised reporting standard – Global Reporting Initiative (GRI) Sustainability Reporting Guidelines. Hang Seng is the first local bank to attain a GRI standard.

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Tags: Hang Seng Bank Dow Jones, Dow Jones Sustainability Asia Pacific Index, Hang Seng Bank DJSI Asia Pacific

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