Training: Pragmatic guide for boards to turn climate/ESG risks into opportunities
課程培訓題目：董事會如何將氣候/ESG風險轉化爲機遇的實用指南
Course Outlines 課程大綱:
Board directors are held accountable for ESG and climate-related risks that impact the company. HKEX Listing Rules already require qualitative disclosures in climate impact, and further disclosures according to the TCFD framework by 2025 is almost certain. The speakers, an investor and a leading corporate in sustainability will share insights on developments and trends. This program aims to raise competency of board members and senior management in climate and ESG, providing cases and information to build best practices.
Language: Cantonese
CPD Hours: 2
Facilitators 導師:
Dr Agnes K Y Tai, PhD, CCB.D, SCR®, Responsible AI, ESG Investing, FRM, CAIA, MBA, FHKIoD
Agnes is Director of Great Glory Investment Corporation and Senior Advisor of iPartners Holdings Ltd.
She is a Governing Board member of Climate Governance Initiative (advocating 8 principles established by the World Economic Forum in 2019) and Steering Committee member of Climate Governance Initiative Hong Kong Chapter, an Expert Review Panel member for the MTR Corporation sustainability reports, a Council member, Publishing Board of Magazine member and a Deputy Chair of the training committee of the Hong Kong Institute of Directors (HKIoD), an Advisory Board member of Asia Climate Forum, faculty of Competent Boards and FITC, board member of Hope of the City, advisory council/committee member of GARP (HK), Delhi Management Association, BlueOnion and FarmacyHK. Her board training in English, Putonghua and Cantonese spans all 5 continents and is Adjunct Professor of HKU in Sustainability Leadership and Governance, as well as lecturer of CUHK in Sustainable Finance and Sustainability Strategy courses.
In her 44 years of serving the financial community in China, Hong Kong SAR, the USA and Australia, she has established and managed asset management/investment companies, consultancy practices, and new business units within major financial institutions, including co-Founding Peregrine Asset Management (Hong Kong) in the early 1990’s. She held senior roles at Bank of America, Citicorp, Westpac Banking Corporation, Mingly Corporation, Shanghai AJ Trust and Investment Company, Cupola Capital Limited, Booz & Company, Yaozhi Asset Management International, Arta TechFin Corporation, BlueOnion, Bai Xian Asia Institute, Habitat for Humanity, Centreon Technology, and Great Glory Strategies. She was a board or advisory committee member of various international non-profits organizations.
She holds a Climate Designation certificate from Competent Boards, a Sustainability and Climate Risk certificate and a Financial Risk Manager certificate from Global Association of Risk Professionals, a Board Oversight of Responsible AI certificate from Boards Impact Forum, an ESG Investing certificate from CFA UK, a CAIA certificate from Chartered Alternative Investment Association, and a Palladium Kaplan-Norton Balanced Scorecard certificate. She was a Responsible Officer in regulated activities 4 and 9 licensed by the Hong Kong Securities and Futures Commission.
Agnes has a PhD from the Hong Kong University of Science and Technology with dissertation titled “Do carbon risks matter for Hong Kong equity prices?”, an MBA from the University of Chicago – Booth School of Business, a BSc (Honors) from Roosevelt University in USA and is a graduate of the Stanford University Senior Executive Leadership Program and the 2011 Stanford Directors’ College. She has authored a book on investing in H-shares, a Harvard Business case, a chapter in CFA Society Hong Kong’s 30th anniversary book “Rise from Crises”, and a positive psychology book ‘Tall Miracles’.
Guest Speaker 客席嘉賓
Grace Cheung
General Manager Sustainability
Cathay Pacific Airways
Grace Cheung is General Manager Sustainability at Cathay Pacific. Leading the Group Sustainability Department, Grace oversees sustainability strategy and ESG performance of the whole Cathay Group. Under Grace’s leadership, sustainability has changed from a standalone specialist function to an integrated strategic and operational imperative in the airline group.
During Grace’s tenure, Cathay Pacific has committed for its net zero carbon emissions goal by 2050, supported by its mid-term target for using 10% sustainable aviation fuel and 12% carbon intensity improvement by 2030. The airline has also launched the first major Corporate Sustainable Aviation Fuel Programme in Asia in 2022.
Grace has also led Cathay’s effort in circular economy, reducing its environmental footprint on materials and waste. The airline has reduced its customer-facing single-use plastic items from an average of 7.7 pieces per passenger in 2019 down to 3.1 in 2023. A new target is set to bring it down further to 1.5 pieces per passenger by 2025, supported by additional targets on recycled plastics usage and recycling rate.
Grace represents Cathay in a number of industry working groups advocating for supportive policies and best practices sharing for further development of sustainability in the airline industry. Grace is the Chair of the Environment & Sustainability Board at the oneworld alliance and the Vice Chair of the Sustainability & Environment Advisory Council at the International Air Transport Association (IATA).