Corporate Financial Education Leadership
This Award aims to recognize collective efforts that commercial firms and non-profit entities have made to improve financial literacy in Hong Kong.
AwardGoldSilverBronzeBest Corporate Financial Education Leadership of the YearFor the commercial firm that has achieved the most criteria.Commercial FirmsAchieving 4 criteria or moreAchieving 3 criteriaAchieving 2 criteriaNon-Profit EntitiesAchieving 3 criteria or moreAchieving 2 criteriaAchieving 1 criteria
The Criteria is set out to demonstrate how financial education could be met. Submissions of the firms should specify and elaborate on the criteria engaged.
Digital/Virtual: Websites, apps, videos, social media platforms, online tutorials or hotlines that are available to consumers with free and impartial sources of information, tools and resources. Consumers are able to navigate the financial landscape and access the information they need
Print: Publication of books, toolkits and training materials for free financial education to the public
Games: Customized games for financial education
Open Events: Providing financial education through engaging and exciting competitions, road shows, etc
Focus Groups: Organizations focusing on what they know the best to offer a wide range of programs covering all aspects of financial education, e.g. seminars, talks, workshops and campus events
Support of Employees’ Engagement: Organizations providing their employees with flexibility, support and encouragement to engage in policy-making and the creation of advocacy groups (outside of their own companies) related to financial education
Vulnerable Groups: Special programs or resources for specific cohort groups, e.g. people experiencing high financial stress, people with low income or few assets, vulnerable seniors, and religious differences as they pertain to loans and borrowings
IT and Modular Examples: Disruptive technologies and business models for a better financial education future, including the Internet of Things, artificial intelligence and the sharing economy
Co-effort Examples: Partnership or sponsorship to support a financial education program run by a charity, school, non-profit organization or policymaker, e.g. competitions and championship programs
Volunteering Programs: Building a sustainable volunteer program in which promoting financial education is one of the goals or activities
Employee Programs: Providing in-house financial well-being programs and workplace programs for employees
Research Examples: Commissioning research, or holding forums or summits to highlight the need forfinancial education so that the best practices can be shared and publicized
Assessment and Judges
The judging panel is comprised of the IFPHK's board members and experienced CFPCM professionals.