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HK firms 'Asia's best' in corporate communication

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Why you can trust SCMP
Mary Ann Benitez

Hong Kong companies are ranked top in Asia in terms of corporate communication, according to a regional report.

CSR Asia released its first Asia Business Barometer report yesterday comparing the disclosure of corporate social responsibility information by the 20 largest listed companies in four Asian economies - Hong Kong, Malaysia, Singapore and Thailand.

The companies' rankings were based on 62 indicators of corporate social responsibility.

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With an average score of 42 per cent, Hong Kong companies outperformed the others across all indicators.

Malaysian companies scored an average of 29 per cent, Thai companies 25 per cent and Singaporean companies 24 per cent.

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Five Hong Kong blue-chip companies were ranked in the top five: CLP Holdings HSBC, China Mobile, Hang Seng Bank and PetroChina. MTR Corporation ranked eighth.

Siam Cement in Thailand, City Developments and SembCorp Industries in Singapore, and BAT Malaysia and Telekom Malaysia completed the top 10.

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