... Table 2 summarizes the comparison of their patterns of integration and autonomy in corporate ... more ... Table 2 summarizes the comparison of their patterns of integration and autonomy in corporate ... It has been able to follow international market practices selectively to promote its corporate ... Since their opening, both the Airport Railway and West Rail have been suffering losses and ...
The HKSAR Government and Airport Authority (AA) proposed to construct an additional runway in the... more The HKSAR Government and Airport Authority (AA) proposed to construct an additional runway in the Hong Kong International Airport by 2023. The Third Runway proposal is controversial and has drawn mixed comments from the community. Unlike governments in other parts of the world, Hong Kong requires appraisal of infrastructure projects to take into account only economic costs (e.g. construction costs) and benefits (e.g. employment and revenues), but not social and environment costs (e.g. climate change, air pollution) or benefits (e.g. improved living quality). In spring 2013, The SROI on Third Runway Research Team established by Friends of the Earth (Hong Kong), the Hong Kong Dolphin Conservation Society and the Professional Commons launched a social return on investment study (SROI Study) on the proposed Third Runway. The primary objective is to introduce to Hong Kong an internationally recognised approach to evaluate social costs and benefits through engaging stakeholders and monetizing social impacts on major infrastructural projects. New Economics Foundation (NEF) of the United Kingdom, which re-appraised the impacts the British Government’s impact assessment on Runway 3 at Heathrow in 2010, is the advisor to the SROI Study in Hong Kong.
The Report on the Capacity of the International Sector of Civil Society in Hong Kong finds that t... more The Report on the Capacity of the International Sector of Civil Society in Hong Kong finds that there are 215 INGOs based in Hong Kong through a quantitative survey from 2013-14. It also finds that a typical INGO based in Hong Kong is most likely formed under the Companies Ordinance with a governing board and has a primary mission of delivery service outside Hong Kong. An average INGO runs a small office of 6 to 7 full-time staff and has an annual income of below HK$1 million. It has in place a set of public accountability mechanisms and mechanisms for obtaining feedback from stakeholders, evaluating their performance and maintaining their service quality. Consistent with the international trend, there is a wide “rich-poor” gap among the INGOs in Hong Kong. Less than 5.5 percent of the rich INGOs enjoyed over 80 percent of the whole sector’s financial income in year 2013. A typical INGO in Hong Kong is likely well-connected to the business sector for donation or volunteer recruitment, but has limited networking with peer groups. Nor would it have much interaction with the Hong Kong government. No complaint of governmental intervention from INGOs was reported in the survey. Meanwhile, most INGOs surveyed did not report an interest in local advocacy or monitoring the local government. As one of the few published studies on international NGOs in Hong Kong, the report hopes to shed light on the field of global civil society in the metropolitan context of Hong Kong under the “One Country Two Systems” political framework of People’s Republic of China.
Traditionally, governments have been inclined to make economic progress at the expense of social ... more Traditionally, governments have been inclined to make economic progress at the expense of social and environmental well-being. Since the 1980s, there have been calls for governments to pursue development in a sustainable way by considering the social and environmental impacts of any infrastructure projects in addition to their concern about economic benefits. In 2010, the construction of the third runway at the Hong Kong International Airport was proposed at an infrastructure cost unprecedented in Hong Kong’s history. This research note uses this development as a case to demonstrate how social and environmental impacts can be monetised by the innovative application of social return on investment (SROI) as weighed against economic benefits in the same currency. It identifies climate change, aviation noise, and damage to the habitat of Chinese white dolphins as impacts from the proposed runway. These impacts are converted into monetary costs under the SROI approach with particular attention to the use of proxies, stakeholder engagement, and the development of various scenarios. Limitations of the analysis and future research directions are discussed.
... Table 2 summarizes the comparison of their patterns of integration and autonomy in corporate ... more ... Table 2 summarizes the comparison of their patterns of integration and autonomy in corporate ... It has been able to follow international market practices selectively to promote its corporate ... Since their opening, both the Airport Railway and West Rail have been suffering losses and ...
The HKSAR Government and Airport Authority (AA) proposed to construct an additional runway in the... more The HKSAR Government and Airport Authority (AA) proposed to construct an additional runway in the Hong Kong International Airport by 2023. The Third Runway proposal is controversial and has drawn mixed comments from the community. Unlike governments in other parts of the world, Hong Kong requires appraisal of infrastructure projects to take into account only economic costs (e.g. construction costs) and benefits (e.g. employment and revenues), but not social and environment costs (e.g. climate change, air pollution) or benefits (e.g. improved living quality). In spring 2013, The SROI on Third Runway Research Team established by Friends of the Earth (Hong Kong), the Hong Kong Dolphin Conservation Society and the Professional Commons launched a social return on investment study (SROI Study) on the proposed Third Runway. The primary objective is to introduce to Hong Kong an internationally recognised approach to evaluate social costs and benefits through engaging stakeholders and monetizing social impacts on major infrastructural projects. New Economics Foundation (NEF) of the United Kingdom, which re-appraised the impacts the British Government’s impact assessment on Runway 3 at Heathrow in 2010, is the advisor to the SROI Study in Hong Kong.
The Report on the Capacity of the International Sector of Civil Society in Hong Kong finds that t... more The Report on the Capacity of the International Sector of Civil Society in Hong Kong finds that there are 215 INGOs based in Hong Kong through a quantitative survey from 2013-14. It also finds that a typical INGO based in Hong Kong is most likely formed under the Companies Ordinance with a governing board and has a primary mission of delivery service outside Hong Kong. An average INGO runs a small office of 6 to 7 full-time staff and has an annual income of below HK$1 million. It has in place a set of public accountability mechanisms and mechanisms for obtaining feedback from stakeholders, evaluating their performance and maintaining their service quality. Consistent with the international trend, there is a wide “rich-poor” gap among the INGOs in Hong Kong. Less than 5.5 percent of the rich INGOs enjoyed over 80 percent of the whole sector’s financial income in year 2013. A typical INGO in Hong Kong is likely well-connected to the business sector for donation or volunteer recruitment, but has limited networking with peer groups. Nor would it have much interaction with the Hong Kong government. No complaint of governmental intervention from INGOs was reported in the survey. Meanwhile, most INGOs surveyed did not report an interest in local advocacy or monitoring the local government. As one of the few published studies on international NGOs in Hong Kong, the report hopes to shed light on the field of global civil society in the metropolitan context of Hong Kong under the “One Country Two Systems” political framework of People’s Republic of China.
Traditionally, governments have been inclined to make economic progress at the expense of social ... more Traditionally, governments have been inclined to make economic progress at the expense of social and environmental well-being. Since the 1980s, there have been calls for governments to pursue development in a sustainable way by considering the social and environmental impacts of any infrastructure projects in addition to their concern about economic benefits. In 2010, the construction of the third runway at the Hong Kong International Airport was proposed at an infrastructure cost unprecedented in Hong Kong’s history. This research note uses this development as a case to demonstrate how social and environmental impacts can be monetised by the innovative application of social return on investment (SROI) as weighed against economic benefits in the same currency. It identifies climate change, aviation noise, and damage to the habitat of Chinese white dolphins as impacts from the proposed runway. These impacts are converted into monetary costs under the SROI approach with particular attention to the use of proxies, stakeholder engagement, and the development of various scenarios. Limitations of the analysis and future research directions are discussed.
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