Hong Kong – HKMA issues alert regarding specific website

HKMA issues alert regarding specific website

********************************************


The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong that the firm as referred to on the website (https://topasiafinance-hk.com) does not have the authorization of the Monetary Authority (MA) under the Banking Ordinance (the Ordinance) to carry on banking business, or the business of taking deposits, in Hong Kong; and it does not have the approval of the MA to establish a local representative office in Hong Kong under the Ordinance.

     Given the global nature of the Internet, members of the public are reminded to verify the status of any organisation making use of the Internet to offer bank accounts to, or to solicit deposits from, the public in Hong Kong prior to transferring any funds to, or providing any personal information to, any such organisation.

     A list of authorized institutions is available on the HKMA’s website (www.hkma.gov.hk). Members of the public may also check the status of any entity which appears to be soliciting deposits from the public in Hong Kong, or holding itself out as a bank or deposit-taking company in Hong Kong, by emailing the HKMA’s public enquiry service (publicenquiry@hkma.gov.hk).

Japan – JCB Issues White Paper on Calculating CO2 Emissions by Payment Method in Japan

TOKYO, Mar 22, 2024 – (JCN Newswire) – Japan’s only international payment brand JCB Co., Ltd. (“JCB”) has issued a white paper on the carbon impact of individual transactions made using various payment methods in Japan. The carbon emissions were calculated by Your Arbor Inc. (“Arbor”).

The Sustainable Development Goals (SDGs) and climate action outlined by the international community are gaining momentum, and are being systematically implemented in Japan. Simultaneously, there is a substantial increase in interest at the individual consumer level. However, JCB acknowledges that further discussion is needed on how this can contribute to the SDGs and climate action.

Given this, JCB believes it is important to objectively and quantitatively demonstrate how cashless payments can contribute to achieving a better society for consumers and the associated ecosystem.

As a first step in this effort, JCB and Arbor have conducted joint research to calculate and analyze the carbon dioxide (CO2e) emissions associated with consumer payment activities.

Following the recommended guidelines for the Life Cycle Assessment (LCA)*1 methodology, this white paper uses a comprehensive life cycle model for each payment method, mapping out the stages from raw material extraction to disposal, while assigning energy consumption and emission factors to each stage. The stages of the payment methods have been divided into 3 subsystems: Production phase, Operation phase, and End-of-Life (EOL) phase.

An example of the calculated result is as follows:

The white paper also includes the data and calculation logic used to determine CO2 emissions by payment method. The calculations are based on the principles and framework of the international standards ISO 14040, 14044, and 14064 on the LCA evaluation method.

To read the white paper, please visit here.

*1 LCA (Life Cycle Assessment): A widely used evaluation method for the quantitative assessment of the environmental impacts of products and services over their entire lifecycle.

About Arbor

Arbor provides carbon impact calculation technology for various businesses, including product and supply chain analysis. Arbor’s technology not only involves data analysis and calculation but also offers insights based on expert guidance. They assist businesses in visualizing CO2 emissions and providing support for reduction efforts. For more information, please visit: www.arbor.eco/ 

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 46 million merchants around the world. JCB Cards are issued mainly in Asian countries and territories, with more than 156 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ 

Contact
Ayaka Nakajima
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@jcb.co.jp 

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Hong Kong – EPD issues warning letter to operator of GREEN@HUNG HOM to command proper cleanup of recyclables during holidays

EPD issues warning letter to operator of GREEN@HUNG HOM to command proper cleanup of recyclables during holidays

******************************************************************************************


     The Environmental Protection Department (EPD) is very concerned about the situation of large amount of recyclables piling up outside the GREEN@HUNG HOM Recycling Store during the Christmas holiday. The EPD immediately instructed the operator to rectify the situation upon learning of the incident. The operator had then cleaned up all the recyclables outside the Recycling Store yesterday morning (December 26).

     A spokesperson for the EPD said, “The department has issued instructions to all operators of Recycling Store, requesting them to pay special attention to handle potential accumulation of recyclables during holidays. The EPD will issue a warning letter to the operator of GREEN@HUNG HOM, requiring it to prevent similar incidents from happening.”

     To avoid recurrence of similar incidents, the EPD will mandate all operators of GREEN@COMMUNTY to provide additional service during holidays in future for regular cleanup of recyclables accumulated in the recycling cage trolleys/bins outside the stores. They are also obliged to enhance the remote access function of the closed-circuit television system to strengthen the monitoring of the situation outside the stores with a view to making prompt arrangements for their staff to clear up the recyclables.

     To prepare for the implementation of municipal solid waste charging, the EPD has been expanding the community recycling network GREEN@COMMUNTY to strengthen support for recycling facilities at the district level. Except for Christmas and Lunar New Year holidays, all Recycling Stores (currently 33 Recycling Stores including two mini Recycling Stores in Kwai Fong Estate and Tai Wo Hau Estate) are open around the year. The operating hours are from 9am to 7pm. During non-operating hours, each Recycling Store is equipped with recycling cage trolleys/bins outside the stores to provide self-service recycling for users’ convenience.  

     The EPD reminds the public that despite the recyclables can be placed into the self-service recycling cage trolleys/bins outside the GREEN@COMMUNITY facilities beyond operating hours, people should avoid leaving the recyclables outside the stores or even on the pavement when the recycling cage trolleys/bins are full so as to support clean recycling and avoid causing nuisance to the nearby residents and the surrounding. 

     Information on the operating hours of the GREEN@COMMUNITY facilities can be found from the website www.wastereduction.gov.hk/en-hk/waste-reduction-programme/greencommunity , or the dedicated facebook page of individual facility.

Hong Kong – HKMA issues alert regarding specific website

HKMA issues alert regarding specific website

********************************************


The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public in Hong Kong that Moonbank as referred to on the website (https://www.moonbank.me) does not have the authorization of the Monetary Authority under the Banking Ordinance (the Ordinance) to carry on banking business, or the business of taking deposits, in Hong Kong; and Moonbank does not have the approval of the MA to establish a local representative office in Hong Kong under the Ordinance.
      
     Given the global nature of the Internet, members of the public are reminded to verify the status of any organisation making use of the Internet to offer bank accounts to, or to solicit deposits from, the public in Hong Kong prior to transferring any funds to, or providing any personal information to, any such organisation.
      
     A list of Authorized Institutions is available on the HKMA’s website (www.hkma.gov.hk). Members of the public may also check the status of any entity which appears to be soliciting deposits from the public in Hong Kong, or holding itself out as a bank or deposit-taking company in Hong Kong, by emailing the HKMA’s public enquiry service (publicenquiry@hkma.gov.hk).

Japan – Honda Issues “Honda ESG Data Book 2023”

Honda Motor Co., Ltd. today issued its first “Honda ESG Data Book 2023,” and made it available on the company website.

Disclosure material

For a diverse range of Honda stakeholders, the Honda ESG Data Book 2023 comprehensively summarizes Honda’s approach to sustainability and initiatives toward the fulfillment of the Honda 2030 Vision – to serve people worldwide with the joy of expanding their life’s potential – from the perspectives of ESG (Environment, Social, and Governance).

As one of the tools to enhance communications with its shareholders, Honda has been issuing the “Honda Sustainability Report” on an annual basis. In addition, Honda began issuing an integrated report called the “Honda Report” last year. In order to distinguish the content each report conveys to the stakeholders more clearly, Honda renamed the “Honda Sustainability Report” as the “Honda ESG Data Book” and modified the content.

In contrast to the Honda Report which focuses on sharing stories about how Honda will enhance its corporate value into the future, the ESG Data Book 2023 primarily summarizes Honda’s basic approach to sustainability, initiatives in each of the ESG areas and data related to Honda’s performance and achievements in each area.

Honda is striving to evolve as a company to continue creating new value while upholding its desire to “help people and society” and “expand people’s life’s potential,” a purpose that remains unchanged since the company’s founding. By issuing the Honda ESG Data Book, Honda intends to facilitate an understanding among stakeholders of Honda’s basic approach and initiatives related to the ESG. Moreover, Honda will pursue sustainable enhancement of its corporate value while continuing its efforts to have enhanced interaction with and disclosure to its stakeholders.

Main contents:
– Honda approach to sustainability
– Environmental initiatives
– Social initiatives (safety, quality, human resources, supply chain management and social contribution activities)
– Governance initiatives (corporate governance, compliance and risk management)
– Performance data (data related to each of ESG areas)

Honda ESG Data Book 2023
Japanese language version – www.honda.co.jp/sustainability/report/
English language version – https://global.honda/sustainability/report.html

Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.