In 2015, the Hong Kong Stock Exchange officially announced the improvement of the “comply or explain” level for Environmental, Social and Governance Reporting Guide (the “ESG Reporting Guide”), and laid emphasis on internal control over directors’ responsibilities, ESG information disclosure and risk management and its effectiveness.
Wonderful Sky Financial Group adequately responded to the latest guide issued by the Hong Kong Stock Exchange, and fulfilled the requirements of listed company customers, by jointly establishing CECEP, a joint venture, with China Energy Conservation and Environmental Protection Group, a central enterprise, (the only state-owned company specialised in energy conservation and environmental protection) in 2016. Since its incorporation, the Company has been committed to providing customised advisory and consultancy services in accordance with the requirements for sustainable development of enterprises with operation characteristics highlighting outstanding industry expertise, by virtue of solid strength of shareholders, good communication skills, the background of sustainable development and professional domestic and overseas environmental advisory teams.
Currently, the major business of CECEP covers advisory service of corporate sustainability reports, compliance verification service sustainability reports, green finance service, green building certification, big data analysis and management service of sustainable development, green tax solutions and environmental advisory service. Customers and partners comprise state government authorities, various industry associations, major domestic and foreign financial institutions and more than 100 domestic and foreign renowned enterprises.