QIRA - Carbon Management Category

Eligibility

Listed companies (Main Board, Growth Enterprise Market & First Year after Listing) or non-listed companies that publish sustainability reports or GHG accounting reports are welcome to participate in QIRA Carbon Management Awards.

Selection Process

Tonghai Analysis and research team and HKSSA select the most representative enterprises by taking numerous factors into account.
The panel may contact the enterprises to get more information for assessment.

Awards

According to the scoring criteria, there are 3 levels of award, namely "Platinum", “Gold” & “Silver”.
The organization with the highest overall score will be awarded “The Best Approach of Carbon Management of the Year”.

The Judging Panel

China Tonghai International Financial Limited
Hong Kong Sustainability Strategic Advisory Limited

Application Process

The organization should file the application through the online application portal, with the ESG/sustainability report and/or GHG accounting report submitted at the same time.
The judging panel will review the submitted report according to the scoring criteria.

Scoring Criteria

Scoring Categories Key Consideration Weighting
Governance
This award is for recognizing the best practices in climate change governance. The winning report shall demonstrate leadership practices in advancing decarbonisation and how carbon management is integrated into the reporting organization's governance.
  • Coordination and oversight
  • Monitoring and reporting
  • An integrated approach
  • Budgeting and financing
 10%
Leadership
This award will go to a company demonstrating exceptional leadership by the senior-most executive in carbon management.
  • Clarity
  • Courage
  • Commitment
  • Communication
  • Consistent
 10%
Data Management
The reporting organization applies international standards and best practices for providing a credible account of its carbon emissions. The report should provide comprehensive detail of the organization's measuring, monitoring, and reporting of its GHG emissions.
  • Data governance
  • Data acquisition
  • Business intelligence
  • Data security
  • Disclosures
 40%
Impact Assessment
The category celebrates the leading edge in assessing the environmental impacts of products and services from cradle to grave. The winner demonstrates its efforts in applying life cycle assessment as an analytical tool to support environmental management. Ideally the lifecycle assessment is used for the design or improvement of products and processes.
  • Goal and scope definition
  • Inventory analysis
  • Impact assessment
  • Interpretation
 40%