Business for Sustainability Logo


'Business for Sustainability' represents the next level of achievement after ‘Caring Company’. The new logo recognizes companies that are making significant progress to integrate responsible, inclusive and sustainable practices across their core business operations.

Assessment is via an online questionnaire, based on the criteria of the Hong Kong Business Sustainability Index (HKBSI), launched by the Hong Kong Polytechnic University (PolyU) in 2015 with The Hong Kong Council of Social Service (HKCSS) as a strategic partner.

Companies achieving an adequate score will be awarded the 'Business for Sustainability' logo. The on-line questionnaire and assesment report will act as a sustainability management tool to benchmark and enhance their performance.

Eligibility

Applicants must be registered on the Hong Kong Companies Registry, have a Certificate of Incorporation and have been operating in Hong Kong for at least one year. They must also apply for the Caring Company logo 2017/18 and be successful in doing so.

Applicants must be the listed companies in the Hong Kong which have published ESG/CSR/sustainability reports. The Business for Sustainability Logo is valid for one year. 

Process

The Business for Sustainability logo is open for applications from 2 June, 2017. Completed applications must be submitted by 22 September, 2017. Companies are invited to complete the on-line questionnaires for their CSR/sustainability Values, Process and Impact against their seven groups of stakeholders in the financial year of 2015-16 or ended 31 December 2016. Companies will be notified of the result in February 2018. Successful applicants will be awarded the Business for Sustainability logo for 2017/18.

Assessment Model

Assessment is based upon the VPI model (Values-Process-Impact) developed by The Hong Kong Polytechnic University (PolyU) in which companies are assessed in the three main areas under CSR values (Values), CSR management and CSR practices (Process), as well as the company's contributions to the economic, social and environmental sustainability (Impact). Companies must provide information relating to their CSR/sustainability vision and principles, their management systems and practices, and the impact on a range of stakeholder groups. 

Partners

The 'Business for Sustainability' logo is granted by the Caring Company Scheme and Sustainable Business HK, which are initiatives of The Hong Kong Council of Social Service (HKCSS).

This online assessment platform is hosted and maintained by the Sustainability Management Research Centre (SMRC), Department of Management and Marketing at PolyU. Company data collected will be used for academic research purposes.

The assessment process is jointly administered by SMRC and an independent verification provider, which will treat all company data confidentially.

Assessment Fee

Applicants will be charged an assessment fee of HK$2,500 (for each application). The fee will be paid directly to the independent verification provider for the cost of data assessment and verification.

Overview of Online Questionnaire

Click here for the overview of the online questionnaire as reference.

Registration

The 'Business for Sustainability' Logo is open for applications from 2 June, 2017. Completed applications must be submitted by 22 September, 2017. Please click here for the registration form. 

 

Privacy Statement

Company data collected will be used for the purpose of applying for BfS Logo, data verification by SGS and academic research purposes by PolyU. By submitting the application, the company also agrees HKCSS can use the information on the application form for promotion of CSR related events and training, data analysis and research purposes on a collective basis. No individual company’s information will be disclosed without the consent of the company. The BfS Logo Scheme will follow the privacy protection of HKCSS in handling and protecting your personal data. Please visit http://www.hkcss.org.hk/e/fc_detail1.asp?fc_id=51 for details.

The nomination result and successful applicants’ contact information may be transferred to the media partner of the BfS Logo Scheme. Please email to Keevin.POON@hkcss.org.hk of HKCSS if you do not accept this arrangement.