​Corporate Financial Education Leadership

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This Award aims to recognize collective efforts that commercial firms and non-profit entities have made to improve financial literacy in Hong Kong. Respective financial education tasks have to be made between 1 July 2018 and 30 June 2019.

Assessment Criteria

The Criteria are set out to demonstrate how financial education could be met. Submissions of the firms should specify and elaborate on the criteria engaged.

 

The Criteria are as follow:

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 public financial education through engaging and exciting events, 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 and workshops

Support of Employees’ Engagement: Organizations providing their employees with flexibility, support and encouragement to engage in policy-making and advocacy groups (outside of their own companies) related to financial education

Support of 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 people with religious differences

Innovative Examples: Actively adopting technologies in 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

Volunteering Programs: Building a sustainable volunteer program in which promoting financial education is one of the goals or activities

Employee Programs: Providing workplace financial wellness programs for employees, e.g. courses and trainings

Research Examples: Commissioning research to highlight the need for financial 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.