Survey: Hong Kong Construction Association's ESG Recognition Scheme Shows Wide Adoption of ESG Actions by Frontline Construction Practitioners, Nearly 70% Participation
Survey: Hong Kong Construction Association's ESG Recognition Scheme Shows Wide Adoption of ESG Actions by Frontline Construction Practitioners, Nearly 70% Participation
Rabu, 10 April 2024 | 22:06
Mr. Eddie Lam, MH, President of HKCA (left), and Mr. Rex Wong, JP, First Vice President of HKCA (right), presented an electric car as the grand prize to the winner of the Grand Lucky Draw from the "ESG BUILD FUN" mobile app today.
HONG KONG SAR -
Media OutReach Newswire
- 10 April 2024 - Hong Kong Construction Association (HKCA) launched
the "ESG Recognition Scheme" in December 2022 with a funding of HK$10
million, which includes the establishment of an industry-wide ESG
database and the provision of rewards for practitioners who establish an
ESG work mode through the "ESG BUILD FUN" mobile app. So far, 106 sites
have joined the programme, and the mobile app has recorded over 200,000
engagements. A survey conducted by HKCA last month on practitioners
participating in the programme found that ESG actions have been widely
adopted in the industry, not just by senior executives and management,
but also by workers or frontline staff at construction sites who
constituted nearly 70% (69.1%) of participants. The survey further
revealed that the most common ESG action undertaken was waste recycling
(89.1%), and nearly one-fifth (19.1%) participated in 10 or more ESG
actions.
Mr. Eddie Lam, MH, President of HKCA, said, " HKCA is a pioneer in
promoting ESG in this industry and has taken the lead in launching the
"ESG Recognition Scheme" to guide the industry in an innovative and
sustainable direction, and to work together with the local community to
achieve the goal of carbon neutrality. We are pleased to see that the
scheme has helped our industry actualise ESG efforts in their everyday
practice, leading to strong participation, especially from the frontline
workers on construction sites. We believe that ESG practices will
contribute to the long-term development and progress of the construction
industry".
Mr. Rex Wong, JP, First Vice President of HKCA, pointed out that
practitioners hold an optimistic outlook towards ESG in the industry.
The survey found that 90% of the respondents agreed (Strongly Agree:
35.5%; Agree: 55.5%) that ESG can propel the industry's development and
progress, and over 90% (91.8%) of respondents indicated that the "ESG
Recognition Scheme" helped them to gain a better understanding of the
subject. In addition, 87.2% of respondents believing that the
construction industry is actively (Very Active: 13.6%; Active: 73.6%)
practicing ESG.
Wong added, "the objective of the scheme is to unite the industry in
practicing ESG for industry-wide enhancement. Every stakeholder, be it
large, medium or small enterprises, owners, management or workers, can
contribute to the cause. To establish new behavioural patterns, it is
important to deliver straight-forward messages and design actions that
are easy to understand. Therefore, the "ESG BUILD FUN" mobile app
provides a variety of simple ESG tasks, encouraging everyone to
participate through rewards, where even drinking water can earn 'gold
coins' to exchange for gifts, thus popularising ESG actions."
Other findings from the "ESG Recognition Scheme Platform" survey:
96.4% of practitioners recognise that ESG stands for Environmental, Social and Corporate Governance;
The top three ESG indicators are: 1) Waste Management (76.4%), 2)
Energy and Water Consumption (70.9%) and 3) Health and Safety (47.3%);
More than 90% respondents believe (Definitely will: 30%; Will:
61.8%) that the utilisation of innovation and technology will elevate
the industry's ESG performance;
Half of the respondents (50%) believe that ESG behaviour will become prevalent in the industry within 1 to 3 years;
56.4% of respondents believe that enhancing promotions by the
government and industry is the most effective way to improve ESG
performance, followed by the provision of incentives (51.8%) and
comprehensive training (51.8%).
The "ESG Recognition Scheme" includes the establishment of an industry
ESG database, subsidising the use of innovative technologies at
construction sites, as well as the use of the "ESG BUILD FUN" mobile app
to provide information and rewards to help practitioners establish ESG
focused actions at work. Through the app, workers can participate in
various ESG activities and earn coins to redeem prizes with a total
value of over HK$2 million. Workers can also participate in the Grand
Lucky Draw for an electric car. Today, the Association announced the
grand prize winners and hosted an award presentation ceremony.
For further information, please contact the Association Secretariat or visit
www.hkca-esg.com.hk.