Hong Kong – Steering Committee on District Governance convenes first meeting (with photos)

Steering Committee on District Governance convenes first meeting (with photos)

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     The Steering Committee on District Governance chaired by the Chief Secretary for Administration (CS), Mr Chan Kwok-ki, convened the first meeting today (July 12).
 
      Mr Chan said, “With Hong Kong embarking on a new journey to advance from stability to prosperity, the Government’s district governance must keep pace with the times. The Steering Committee chaired by me will holistically strengthen high-level leadership and co-ordination, enhance the capacity and effectiveness of district governance, and respond to the needs of the community at large.”
 
     The Steering Committee focused the discussion of the meeting on five areas of community interests, namely (1) expanding after-school care service and enhancing support for parents; (2) caring for the elderly and enhancing community support; (3) fostering clean markets and mobilising the community to participate in anti-rodent work; (4) enhancing public order and combatting crimes on all fronts; and (5) improving pedestrian facilities and ensuring road safety. The meeting formulated strategies in relation to the above five areas, which will be followed up by the Task Force on District Governance chaired by the Deputy Chief Secretary for Administration (DCS) to finalise relevant measures for implementation by relevant bureaux and departments.
 
     Items identified by the Steering Committee in the five areas for implementation include:

(1) To launch at full steam the School-based After School Care Service Pilot Scheme in the new school year to allow primary students in need to stay after school to receive care and learning support, while enabling parents who are bound by after-school child care duties to work and improve their livelihood;

(2) To improve and set up more fitness equipment for the elderly; to provide umbrellas and hiking poles for borrowing in large parks to provide the elderly in need with the ease of visiting parks or taking a walk; and to step up efforts in identifying and caring for the elderly and carers in need for referral to social welfare units for support;

(3)To improve the environmental hygiene of public markets and cooked food markets, including improving the hardware and management of toilets, strengthening inspection and enforcement, and expediting overhaul of stalls; and to enhance anti-rodent work, including exploring the adoption of new rodent detection and control technologies, strengthening nighttime rodent prevention and control work, etc;

(4) To strengthen the patrol coverage, as well as the work and visibility of enforcement, of law enforcement agencies such as the Police; and

(5) To expand the repaving of footpaths for a more comfortable walking environment, and install new auxiliary devices with red light beam projection at pedestrian crossings for improving road safety.  

     The Steering Committee also reviewed at the meeting the arrangements for displaying publicity materials to celebrate the 26th anniversary of the establishment of the Hong Kong Special Administrative Region and examined the report on the work of the District Services and Community Care Teams.
 
      “The Steering Committee’s discussion today covered a wide range of policy areas including support for children and the elderly, environmental hygiene, law and order, and road safety. The various items identified by the Steering Committee will not only provide better support for specific groups such as children and the elderly, but also benefit all members of the public at the district level. They will respond to people’s needs in various aspects from both the micro and macro perspectives. I will lead all bureaux and departments to work together and improve district governance, so that we can respond proactively to the aspirations of the people and enhance their sense of achievement, satisfaction and security,” Mr Chan added.
 
     The Government announced on May 2 the proposals on improving district governance, which cover reforming the District Councils and strengthening the district governance structure. The Steering Committee chaired by the CS will take a leading role in the overall strategies, policies and measures, work priorities and resource allocation of district governance, whereas the Task Force on District Governance chaired by the DCS will steer and co-ordinate the district work of various bureaux and departments and, as necessary, co-ordinate inter-departmental and/or cross-district issues.
 
     The terms of reference and membership of the Steering Committee are in Annex I and Annex II respectively.

Hong Kong – Steering Committee on Northern Metropolis holds second meeting

Steering Committee on Northern Metropolis holds second meeting

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     The Chief Executive, Mr John Lee, chaired the second meeting of the Steering Committee on the Northern Metropolis today (April 11).
 
     During the meeting, members of the Steering Committee discussed and provided comments on the planning of San Tin Technopole, a major development project in the Northern Metropolis with strong synergy with the key innovation and technology (I&T) development cluster in Shenzhen that can drive Hong Kong’s development as an international hub for I&T. It would also become a new community for quality, healthy and green living.
 
     The meeting also noted the progress of bureaux and departments in putting forward initiatives and proposals for formulating the action agenda and implementation plan for the Northern Metropolis to be released later this year. 
 
     The meeting noted the work so far of the Advisory Committee on the Northern Metropolis chaired by the Financial Secretary and the Task Force for Collaboration on the Northern Metropolis Development Strategy led by the Deputy Financial Secretary on the Hong Kong side with Shenzhen, both having held their first meetings. The meeting also provided steer on ways to better promote and engage the public on the Northern Metropolis.
 
     The Steering Committee on the Northern Metropolis, chaired by the Chief Executive involving key political officials, was established in December 2022 to provide high-level policy steer and supervision for the development of the area.

Hong Kong – Cross-Agency Steering Group and CDP co-organise joint seminar on sustainability reporting (with photos)

Cross-Agency Steering Group and CDP co-organise joint seminar on sustainability reporting (with photos)

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

     The Green and Sustainable Finance Cross-Agency Steering Group (Steering Group) and CDP co-organised a joint seminar on sustainability reporting today (March 13). With the support of the Chinese Manufacturers’ Association of Hong Kong (CMA), the Hong Kong General Chamber of Commerce and other industry associations, the seminar brought together around 500 on-site and online participants from the corporate, banking, insurance, asset management, professional services and fintech sectors.

     The seminar discussed the importance and benefits of sustainability reporting, and in particular, how small and medium-sized enterprises (SMEs) can use the Steering Group’s Questionnaire (Note) to communicate their sustainability efforts to stakeholders, and how financial institutions can collect climate data from their clients while supporting their clients’ low-carbon transition. The seminar was opened by Deputy Chief Executive of the Hong Kong Monetary Authority (HKMA) Mr Darryl Chan, followed by two keynote speeches by the Managing Director of Asia Pacific of CDP, Mr Donald Chan, and the President of the CMA, Dr Allen Shi, respectively. Experts from diverse backgrounds also shared their insights and experiences on sustainability reporting and the use of the Steering Group’s Questionnaire at the panel discussion and case sharing sessions.

     Mr Darryl Chan said, “SME is an important segment of our economy; their participation is crucial for Hong Kong to achieve our carbon neutrality target. But SMEs may not all have the necessary tools and resources to undertake sustainability reporting and to make and implement plan to reduce their carbon footprints. The SME Questionnaire that the Steering Group launched last December in partnership with CDP, as well as today’s seminar, are all part of our effort to support SMEs to participate in this transition journey. We encourage more of them to join.” 

     Mr Donald Chan said, “CDP recognises the importance of facilitating high-quality, environmental disclosure by SMEs, which represent a significant proportion of the global economy and will play a key role in the transition to a net-zero world. We are proud to partner with the CASG to develop the SME climate disclosure template. We believe this represents a valuable starting point on the journey toward full Task Force on Climate-related Financial Disclosures (TCFD)- and International Sustainability Standards Board (ISSB)-aligned environmental disclosure.”

     Dr Shi said, “Helping SMEs overcome the barriers to green transition will be critical not only to us achieving broad-based and sustainable economic growth, but also to SMEs’ survival and their ability to capture substantial opportunities. The CMA endeavors to support its members to integrate ESG (environmental, social and governance) into their practices. We welcome the launch of the SME Questionnaire as it can enhance disclosure standards among SMEs and improve supply chain transparency.”

Note: The SME Questionnaire was developed by the Steering Group and CDP to aid SMEs’ sustainability reporting processes, and raise their sustainability visibility to lenders, investors and supply chain clients so to better access sustainability financing. It will also facilitate financial institutions’ collection and assessment of company-level data for risk assessment and relevant business decisions. It is the first cross-sector reporting template designed for first-time reporting corporates in Hong Kong, especially SMEs, and is aligned with the TCFD framework. The template comes in three versions (Annexes 1 to 3) with different level of granularity, to cater for variation in the reporting corporates’ size and sophistication. The Steering Group and CDP also developed comprehensive guidance (Annex 4) and learning materials (Annex 5) for the use of the template. The Steering Group will continue to review and update the questions, in line with global standards, periodically with CDP’s assistance. 
 
About the Steering Group
 
     Established in May 2020, the Steering Group is co-chaired by the HKMA and the Securities and Futures Commission. Members include the Environment and Ecology Bureau, the Financial Services and the Treasury Bureau, the Hong Kong Exchanges and Clearing Limited, the Insurance Authority and the Mandatory Provident Fund Schemes Authority. The Steering Group aims to co-ordinate the management of climate and environmental risks to the financial sector, accelerate the growth of green and sustainable finance in Hong Kong and support the Government’s climate strategies.
 
About CDP
 
     CDP is a global non-profit organisation that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over US$130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organisations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalisation, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, the Investor Agenda and the Net Zero Asset Managers initiative. 

Raptor Steering Wheels Introduces Second Generation Wood Steering Wheels

 Raptor Steering Wheels (“Raptor”) has introduced its lineup of second generation wood steering wheels. The new lineup includes revised horn and center piece design, along with a more sturdier build. The second generation steering wheels build upon the success of the first generation with an improved look and feel.

Similar to the first generation steering wheels, the second generation models can be installed on many classic cars, trucks and boats. The reason for the changes were primarily due to customer feedback. “Our customers wanted a heavier steering wheel and a more premium center piece, so that is what we are delivering,” Raptor Director of Operations Faris Javeri told PR.com.

About Raptor

Raptor makes wood grain steering wheels for a variety of aftermarket applications, including cars, trucks and boats. Raptor has been designing and marketing wood grain steering wheels since 2002 from its headquarters in Houston, TX.

Please visit the Raptor website at https://www.raptorsteering.com for more details.

Raptor Steering Wheels

Faris R. Javeri

832-566-3112

https://www.raptorsteering.com

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