Hong Kong Institute of Surveyors (HKIS) and Real Estate Society are co-organizing a guest seminar with MSc(RE) programme on ESG.
Registration required, ZOOM link to be provided upon registration.
Registration: https://hkuems1.hku.hk/hkuems/ec_hdetail.aspx?guest=Y&ueid=85892 (By noon, Jan 27)
About the Speaker
Kenson has extensive experience in providing business valuations and ESG reporting advisory services to Hong Kong listed companies in accordance with ESG Reporting Guide published by the Hong Kong Stock Exchange. He is responsible for ESG reporting, calculating greenhouse gases and carbon footprint directly or indirectly generated, as well as advising clients how to set KPIs and action plans for improvements in the short and long terms. Kenson holds the Certificate in ESG Investing issued by the CFA Institute. He is a Chartered Financial Analyst (CFA) charterholder, Member of the Royal Institution of Chartered Surveyors (MRICS), certified Financial Risk Manager (FRM) holder and Chartered Alternative Investment Analyst (CAIA) charterholder.
He also holds Master Degree of Finance with double major in Financial Engineering and Risk Management from the University of Hong Kong, as well as Master Degree of Philosophy major in chemical and pharmaceutical research and Bachelor Degree of Science in Chemical Technology from the Hong Kong Polytechnic University.He has also extensive experience in environmental, social and governance (ESG) advisory services, covering ESG ratings, Global Real Estate Sustainability Benchmark (GRESB), Task Force on Climate-related Financial Disclosures (TCFD), energy solutions, sustainable development, green/ wellbeing building certifications services etc. He is also our committee member of C&W’s Global Corporate Social Responsibility team.
Abstract
The coronavirus pandemic accelerates the interconnectedness between sustainability and the financial market, with responsible investing being on the trajectory to the mainstream. Better ESG performing companies are associated with lower risks and higher returns, which can be reflected in the company’s value. Hence, establishing a systematic approach to integrate ESG factors into fair value calculation is of paramount importance for optimizing investment strategy.
In this webinar, Mr. Kenson Yeung will highlight the following points:
- Companies with strong ESG propositions are usually associated with higher long term sustainable growth and credit ratings, along with lower volatility.
- Material ESG factors have an explicit impact on companies’ free cash flow adjustments, influencing the operating revenues, capital expenditures and taxes, etc.
- ESG performance is closely intertwined with the discount rate, which a risk premium is applied when companies score poorly in ESG metrics, resulting in a lower present value
