18 December 2023 – Lenovo Group Restricted (HKSE: 992) (ADR: LNVGY) has been honored with a Gold Award within the annual Finest Company Governance and ESG Awards by the Hong Kong Institute of Licensed Public Accountants (HKICPA).
The awards from HKICPA acknowledge listed corporations and public sector organizations that demonstrated excellence in each company governance and environmental, social and governance (ESG) practices and reporting, whereas integrating these two components into their values, methods and operations. This recognition marks the eleventh consecutive 12 months that the Group has obtained awards from the HKICPA, demonstrating its long-term dedication to delivering excellence throughout Company Governance and ESG practices and reporting.
In accordance with the judges’ report, Lenovo was honored with a Gold award for a variety of elements, together with its company tradition, segregation of duties between administration and the board, board construction, danger administration, ESG disclosures, ESG targets, and use of unbiased ESG verifications. Specifically the report famous: “Lenovo has set and promoted its company tradition in alignment with its goal, values and technique. The corporate has a excessive proportion of INEDs on the board, which considerably exceeds the Itemizing necessities. On the surroundings entrance, Lenovo introduced its SBTi validated goal to achieve net-zero GHG emissions goal by 2050 and the targets have been set towards a base 12 months of FY 2018/19, close to time period goal 12 months of FY 2029/30, and web zero goal 12 months of FY 2049/50.”
For extra info or an outline of Lenovo’s international sustainability, social impression, and governance practices, please see the most recent Environmental, Social and Governance Report printed in June 2023.
