Aimed to initiate and promote “Creating Shared Value” (CSV) in the city, the inaugural “Business for Social Good Award” has just announced the winners, recognizing four corporate with outstanding performance in implementing CSV in their businesses. The award ceremony was taken place at the Hong Kong Convention and Exhibition Centre on November 7, 2017. TownGas, Fimmick, and Lee Kum Kee received the Outstanding Awards, while LAWSGROUP got the overall Grand Award with their creative project D2 Place.
In line with the latest Chief Executive’s Policy Addresses to promote “Shared Value” among government, businesses and people, the Business for Social Good Award (BSG) has attracted participation of large corporate from different fields and industries. The Four finalists were strictly selected after 3 rounds of presentations, evaluations, site-visits, and interviews; voted and scored by over 500 judges including Corporate CEOs, NGO CEOs, and university students.
The awards were presented by the Chief Executive of Hong Kong Special Administrative Region, Mrs. Carrie Lam, together with the Chairperson of The Hong Kong Council of Social Service, Mr. Bernard Chan, the former Chief Executive of HKSAR and the Chairman of Our Hong Kong Foundation, Mr. Tung Chee Hwa, and the Executive Director of Our Hong Kong Foundation, Mrs. Eva Cheng.
LAWSGROUP’s D2 Place received the overall Grand Award among the four finalists with a unique and new “Entrepreneurship Model”, in which startups and young entrepreneurs are nurtured and supported at four different distinctive stages of their business development. “Three years ago, we created and started running this new business model in our shopping mall. At the beginning our main objective is to create a platform to support local designers and creative industries. Eventually we created a hub with same-minded people joined together and we further evolved and improved the plan to cover startups at different stages.” says Mr. Bosco Law, CEO of LAWSGROUP. “We understand our location is not the most ideal one, but we found a unique positioning to brand and operate our malls, which created a win-win relationship between the landlord and tenants”.
In 2016, over 4,000 entrepreneurs has joined D2 Place’s Entrepreneurship Model, attracted more than 2,500,000 shoppers and generated over US$3,000,000 of sales to the startups. “We are happy to see more shopping malls and landlords are doing something similar, so that more entrepreneurs can be benefited across the city and formed an ecosystem of the local creative industries”.