Abstract

The SOGO department stores in Hong Kong are part of Lifestyle International Holdings Limited (LI Group), a large-cap, publicly-listed company on the Stock Exchange of Hong Kong (HKEX). It is a typical example of a company that has more recently had to confront its own sustainability reporting practices due to updated requirements by the local stock exchange. In addition, as a participant in local activities, such as Earth Day, it has also had to examine its own operations and re-assess how to best engage with its key stakeholders and make sustainability part of its corporate culture.

Learning Objectives

After analyzing the case, students will be able to:
1. Extend stakeholder theory to explain the shift and development of managing corporate sustainability;
2. Implement ESG practices in retail industry;
3. Analyze and learn how to incorporate ESG issues into decision-making and ownership practices; and
4. Understand the development of ESG reporting in Hong Kong and the impact on companies.