Japan – Value Research Center (VRC) at SSUNGA78: ‘How Purpose, Value, and Impact will Drive a Sustainable Post-SDG Future’
Value Research Center (VRC) at SSUNGA78: ‘How Purpose, Value, and Impact will Drive a Sustainable Post-SDG Future’
VRC hosts Panel Discussion at the Science Summit at UNGA78 on Sept 25, 16:00 to 18:30 JST, to discuss UN SDGs and the Value Model
KYOTO, Japan, Sep 25, 2023 – (JCN Newswire) – How can purpose, value, and impact measurement serve as a guide for building a post-SDGs model?
At this year’s UN General Assembly Science Summit (SSUNGA78), Prof. Philip Sugai, Director of the Value Research Center (VRC) at Doshisha University, Dr. Victoria Hurth from the Cambridge Institute of Sustainable Leadership (CISL), Dr. Mario Abela from the Value Balancing Alliance (VBA), and Prof. Haruko Satoh from Osaka University’s ESG Integration Research and Education Center (ESG-IREC) will hold individual presentations and a panel discussion about these questions as well as their answers.
The objective of this Science Summit is “to develop and launch science collaborations to demonstrate global science mechanisms and activities to support the attainment of the UN SDGs, Agenda 2030 and Local2030.” This event brings together scientists, academics, government leaders and citizens from around the world to participate in a series of workshops, presentations and discussions.
The 9th annual Science Summit is being held live in New York and online and it is free to attend. This presentation is one of four events hosted by the Okinawa Institute of Science and Technology (OIST) and co-host, the Permanent Mission of Japan to the United Nations.
“Beyond the wording on corporate websites, beyond the awards and sustainability scores, businesses have clear impacts on their stakeholders,” said Prof. Sugai. “The purpose of this workshop is to go beyond the talk surrounding sustainability issues to arrive at a useful, holistic model that is founded on purpose and offers a goal-based, objective, transparent approach for measuring and accounting for impacts and the value that they create. Not only for the world’s largest corporations in developed economies, but for businesses of all sizes anywhere in the world.”
This workshop will begin with opening remarks from Prof. Toshiya Hoshino, Director of the ESG Integration Research and Education Center (ESG-IREC), OSIPP, Osaka University, followed by individual presentations from:
– Dr. Victoria Hurth, Fellow and Advisory Board Member, Cambridge Institute for Sustainable Leadership (CISL)
– Dr. Mario Abela, Strategic Advisor, Value Balancing Alliance (VBA)
– Prof. Philip Sugai, Director, Value Research Center (VRC), Doshisha University
– Prof. Haruko Satoh, Co-Director, OSIPP-IAFOR Research Centre, Osaka University
This half-day workshop will be held online on, Monday, Sept 25, from 16:00 – 18:30 JST
Details of the Workshop are on: https://sched.co/1SDJ
Free registration is available on: https://sciencesummitunga.com/ssunga78/
About the Value Research Center
The Value Research Center (VRC) at Doshisha University in Kyoto, Japan was established in November 2021. Its mission: to develop a practical system, a Value Model, for organizations to measure, monitor, assess and report their impacts on 7 key stakeholders: the organization itself, its shareholders, employees, customers, partners, society, and the planet.
The VRC enhances its Value Model continuously, integrating new frameworks as they are introduced, bringing greater transparency, objectivity and measurability to value creation – in ways we often didn’t see. The VRC Value Model gives government and industry eyes to see impacts they’re actually having, and the ability to fix what’s broken and enhance what they’re doing well. Learn more at www.valueresearchcenter.com
About the ESG-IREC Research Center
The Osaka University Graduate School of International Public Policy – ESG Integration Research and Education Center (ESG-IREC) conducts research on practical implementable “ESG integration” models in corporate and business activities for the creation of a more sustainable future. Visit www.osipp.osaka-u.ac.jp/en/.
Value Research Center (VRC) at SSUNGA78: ‘How Purpose, Value, and Impact will Drive a Sustainable Post- SDG Future’
KYOTO, Japan, Sep 22, 2023 – (JCN Newswire) – How can purpose, value, and impact measurement serve as a guide for building a post-SDGs model?
At this year’s UN General Assembly Science Summit (SSUNGA78), Prof. Philip Sugai, Director of the Value Research Center (VRC) at Doshisha University, Dr. Victoria Hurth from the Cambridge Institute of Sustainable Leadership (CISL), Dr. Mario Abela from the Value Balancing Alliance (VBA), and Prof. Haruko Satoh from Osaka University’s ESG Integration Research and Education Center (ESG-IREC) will hold individual presentations and a panel discussion about these questions as well as their answers.
The objective of this Science Summit is “to develop and launch science collaborations to demonstrate global science mechanisms and activities to support the attainment of the UN SDGs, Agenda 2030 and Local2030.” This event brings together scientists, academics, government leaders and citizens from around the world to participate in a series of workshops, presentations and discussions.
The 9th annual Science Summit is being held live in New York and online and it is free to attend. This presentation is one of four events hosted by the Okinawa Institute of Science and Technology (OIST) and co-host, the Permanent Mission of Japan to the United Nations.
“Beyond the wording on corporate websites, beyond the awards and sustainability scores, businesses have clear impacts on their stakeholders,” said Prof. Sugai. “The purpose of this workshop is to go beyond the talk surrounding sustainability issues to arrive at a useful, holistic model that is founded on purpose and offers a goal-based, objective, transparent approach for measuring and accounting for impacts and the value that they create. Not only for the world’s largest corporations in developed economies, but for businesses of all sizes anywhere in the world.”
This workshop will begin with opening remarks from Prof. Toshiya Hoshino, Director of the ESG Integration Research and Education Center (ESG-IREC), OSIPP, Osaka University, followed by individual presentations from:
– Dr. Victoria Hurth, Fellow and Advisory Board Member, Cambridge Institute for Sustainable Leadership (CISL)
– Dr. Mario Abela, Strategic Advisor, Value Balancing Alliance (VBA)
– Prof. Philip Sugai, Director, Value Research Center (VRC)
– Prof. Haruko Satoh, Co-Director, OSIPP-IAFOR Research Centre, Osaka University
This half-day workshop will be held online on, Monday, Sept 25, from 16:00 – 18:30 JST
Details, and free registration, are available at https://sciencesummitunga.com/ssunga78/
About the Value Research Center
The Value Research Center (VRC) at Doshisha University in Kyoto, Japan was established in November 2021. Its mission: to develop a practical system, a Value Model, for organizations to measure, monitor, assess and report on their impacts on 7 key stakeholders: the organization itself, its shareholders, employees, customers, partners, society, and the planet.
The VRC enhances its Value Model continuously, integrating new frameworks as they are introduced, bringing greater transparency, objectivity and measurability to value creation – in ways we often didn’t see. The VRC Value Model gives government and industry eyes to see impacts they’re actually having, and the ability to fix what’s broken and enhance what they’re doing well. Learn more at www.valueresearchcenter.com.
About the ESG-IREC Research Center
The Osaka University Graduate School of International Public Policy – ESG Integration Research and Education Center (ESG-IREC) conducts research on practical implementable “ESG integration” models in corporate and business activities for the creation of a more sustainable future. Visit www.osipp.osaka-u.ac.jp/en/.
Topic: Trade Show or Conference
Value Partners to Introduce Strategic Investment from GF Securities to Boost Business Development and Facilitate Long-term Growth
Value Partners Group Limited (together with its subsidiaries, “Value Partners”, Hong Kong Stock Code: 806.HK) is pleased to announce the strategic investment by GF Holdings (Hong Kong) Corporation Limited (“GF Hong Kong”), a wholly owned subsidiary of GF Securities Co., Ltd. (“GF Securities”) into Value Partners. GF Hong Kong will purchase part of the equity holdings from two major shareholders of Value Partners, and is expected to hold 20.20% of Value Partners upon the completion of transaction. This transaction will enable Value Partners to further strengthen its position as a world-class Asia and China specialist asset manager to address the increasing investment needs from institutional and individual investors globally.
Charles LIN, Chief Executive Officer of GF Hong Kong, stated: “As one of China’s largest full-service financial institutions by asset size, GF Securities values the opportunity to collaborate with Value Partners as a strategic shareholder. The synergies we create will sharpen our competitive edges in wealth and asset management. The move is also in line with GF Securities’ strategy to expand the firm’s global footprints. We believe that with joint efforts, GF Securities will be able to further advance sustainable economic growth and capture financial opportunities in China’s Greater Bay Area.”
Dato’ Seri CHEAH Cheng Hye, Co-Chairman and Co-Chief Investment Officer at Value Partners, said: “As one of the largest independent asset managers in the Asia region with more than 30-year track record of delivering investment values to our clients, Value Partners is delighted to collaborate with GF Securities through this strategic investment. The partnership will not only significantly increase Value Partners’ reach to mainland Chinese investors, especially in the Greater Bay Area, through GF Securities’ strong distribution network, but also strengthen our investment capabilities across different asset classes in China. We are confident that our collaboration with GF Securities as a strategic shareholder can generate synergies and bring long-term and stable returns to the company’s shareholders and investors.”
Completion of the Transaction is subject to the satisfaction of conditions precedents, including obtaining necessary regulatory approvals and consents from and completion of registration, with relevant governmental and regulatory authorities. Exact shareholding and consideration is to be finalized upon completion.
About Value Partners Group Limited
Value Partners, one of Asia’s leading independent asset management firms, seeks to offer world-class investment services and products. Since its establishment in 1993, the Company has been a dedicated, specialist value investor in Greater China and Asia. In November 2007, Value Partners Group Limited became the first asset management firm to be listed on the Main Board of the Hong Kong Stock Exchange (Stock code: 806 HK). In addition to its Hong Kong headquarters, the firm operates in Shanghai, Shenzhen, Kuala Lumpur, Singapore and London. Value Partners’ investment strategies cover equities, fixed income, multi-asset, alternatives, real estate and quantitative investment solutions, for institutional and individual clients in Asia-Pacific, Europe and the United States. Value Partners is one of the leaders in ESG investing in Greater China and is committed to developing its ESG capabilities further. For more information, please visit www.valuepartners-group.com.
About GF Securities Co., Ltd.
Established in 1991, GF Securities Co., Ltd. is one of the first, full-service securities companies in China. The Company was successfully listed on the main boards of the Shenzhen Stock Exchange (Stock code: 000776.SZ), and the Hong Kong Stock Exchange (Stock code: 1776.HK), in 2010 and 2015, respectively. With excellent business performance, continual optimised risk management and quality services, the Company has successfully achieved sustainable and steady development, and has become one of the most influential securities companies in China for years. As of December 31, 2022, the Company operated 338 branches and business departments, covering 31 provinces, cities, and autonomous regions throughout China. Its capital strength and profitability remain at the top among all listed securities companies in China. The Company actively fulfils its social responsibilities through “GF Securities Social Charity Foundation”, with its focus on poverty relief and provision of financial support for education, and practises social responsibilities on a voluntary basis, thus leading to the continuous increase in its reputation and brand influence.
Media Contact
Value Partners Group Limited Alice Wong alicewong@vp.com.hk
+852 2143 0340
Citigate Dewe Rogerson Isaac Yau
isaac.yau@citigatedewerogerson.com
+852 3103 0112
Topic: Press release summary
Hong Kong – Adjustment to Value Bands of Ad Valorem Stamp Duty payable for sale and purchase or transfer of residential and non-residential properties (Scale 2 rates)
Adjustment to Value Bands of Ad Valorem Stamp Duty payable for sale and purchase or transfer of residential and non-residential properties (Scale 2 rates)
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The 2023-24 Budget announced the adjustment of value bands of the Ad Valorem Stamp Duty (AVD) (Scale 2 rates) payable for sale and purchase or transfer of residential and non-residential properties, with a view to easing the burden on ordinary families of purchasing their first residential properties. The adjustment have come into effect at 11am today (February 22) (the Effective Date).
At present, AVD at Scale 2 rates is mainly applicable to acquisition of residential properties (subject to specific conditions) and acquisition of non-residential properties. Only the acquisition of residential property by a Hong Kong permanent resident who is acting on his or her own behalf and is not a beneficial owner of any other residential property in Hong Kong at the time of acquisition is chargeable to AVD at Scale 2 rates. The value bands on which the AVD Scale 2 rates apply have not been adjusted since 2010. The value bands proposed in Budget is at Annex.
The aforementioned adjustment to the value bands of AVD (Scale 2 rates) will be implemented through the Stamp Duty (Amendment) Bill 2023 (the Bill). The Chief Executive has made the Public Revenue Protection (Stamp Duty) Order 2023 (the Order) by exercising his statutory powers to give full force and effect of law to the Bill so long as the Order remains in force. The Order and the Bill will be published in the Gazette today and on March 3 respectively, and introduced into LegCo on March 15.
Any instruments executed before 11am on the Effective Date remain chargeable to AVD at the original Scale 2 rates.
Osaka Gas Co., Ltd., Mitsubishi Heavy Industries, Ltd. (MHI), and IBM Japan, Ltd. today jointly announced that they have built a demonstration system (the “System,” see Figure 1) for CO2NNEX for e-methane, a digital platform for visualizing the amount of CO2 emissions across the value chain of e-methane (methane synthesized with the methanation technology) and transferring e-methane’s environmental value. CO2NNEX for e-methane is based on CO2NNEX, a digital platform being developed by MHI and IBM Japan for visualizing the CO2 supply chain. In conducting the PoC (Proof of Concept) of CO2NNEX for e-methane, the three partners will discuss and exchange views with the Japan Gas Association, Tokyo Gas Co., Ltd., Toho Gas Co., Ltd., and INPEX CORPORATION to identify effective ways to promote the use of e-methane and establish its environmental value. The System has been established as part of the partners’ joint project for another PoC that has been underway since October 2022 utilizing CO2NNEX. For the System, the partners have developed a feature that visualizes the amount of CO2 emissions throughout the e-methane lifecycle, from production to transport, supply, and combustion (see Figure 2) and a feature that displays the balance of e-methane environmental value held by each participant and requests/authorizes the trading of the value (see Figure 3). The project plans to conduct the demonstration to examine the effectiveness and efficiency of utilizing CO2NNEX for e-methane while promoting a wider recognition of the System to collect feedback from academia, industry, and government. The partners intend to apply the PoC results to planned methanation demonstrations, aiming to realize the practical application of e-methane and contribute to achieving a carbon neutral society. About CO2NNEX for e-methane CO2NNEX for e-methane quantifies e-methane’s environmental value by tracking and managing CO2 emissions throughout the e-methane supply chain from production to supply, including transport, and combustion by each participant at each location. The project aims to build a shared platform that transfers and trades e-methane’s environmental value. About methanation Methanation is a technology for synthesizing methane, the main component of natural gas, from hydrogen and CO2. The resulting product is known as e-methane. The use (combustion) of e-methane results in no effective increase in CO2 for society as a whole because CO2, which is normally emitted into the atmosphere, is captured and recycled for use in producing e-methane. Also, methanation is expected to be an economically efficient way of achieving carbon neutrality, with e-methane being distributed through the existing gas infrastructure and combusted in existing gas appliances, requiring no large-scale investment for constructing new energy systems or modifying the existing ones. About Osaka Gas Osaka Gas announced the Daigas Group Carbon Neutral Vision in January 2021 for achieving carbon neutrality by 2050 mainly through the introduction of carbon neutral gas produced by methanation, decarbonization of its power sources primarily through the use of renewable energies and the reduction of carbon emissions. The company is also conducting a number of studies on developing methanation projects overseas – notably in Australia, South America, and Southeast Asia – for the commercialization of methanation technology. About MHI MHI Group is actively involved in programs targeting the realization of a carbon neutral society. Building a CO2 ecosystem is central to its energy transition initiatives. As a global leader in CCUS, the company aims to accelerate this ecosystem development by seeking widespread adoption of related hardware as well as the CO2NNEX digital platform. About IBM Japan Applying its experience in supporting numerous customers worldwide, IBM Japan accelerates the development of CO2NNEX by utilizing its blockchain technology enabling highly secure, transparent, and reliable data sharing; its hybrid cloud technology for building an agile and flexible IT environment linking a cloud and existing systems; and its AI technology enabling visualization, automation and optimization of a value chain. About MHI Group Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Copyright ©2023 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.Japan – Three partners build a demonstration system for CO2NNEX for e-methane, a digital platform for visualizing CO2 emissions across e-methane value chain and transferring e-methane’s environmental value
Using the System, this tripartite project aims to achieve the following: A system for managing the amount of CO2 emissions from its sources throughout the e-methane supply chain to provide the data of e-methane’s quantified environmental value to gas users; A shared platform that digitally connects e-methane production sites to markets for trading and transferring the environmental value of e-methane, which will be blended with natural gas in the pipeline. The three partners pursue this initiative, aiming to contribute to the transition to a net zero society, which requires practical solutions as currently studied, such as CO2 accounting methods for CCU (carbon dioxide capture and utilization), including methanation, and the application of the accounting methods for e-methane, a recycled-carbon fuel.
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