HK Electric Investments is the first fixed single investment trust listed in Hong Kong with a focus on the power industry. Our principal operating subsidiary, The Hongkong Electric Company, Limited (HK Electric), commenced operations in 1890 and is one of the longest-established utility companies in the world.
Over our long history, we have consistently supported Hong Kong's economic journey by offering safe, reliable and affordable electricity while minimising the impact of our operations on the environment as we strive to deliver sustainable growth in long-term value to our investors.
HK Electric Investments believes that open and on-going communication with our stakeholders is central to our operation and development. We engage different stakeholders through a variety of channels and stakeholder suggestions and feedback are highly valued in our decision making process as we strive for continuous improvements.
Underpinned by its core value of "Pursuit of Excellence", HK Electric is committed to delivering excellent services and supply reliability to our customers. We have been providing a world-class supply reliability of over 99.999% since 1997 and all our service standards are achieved or even surpassed every year.
To satisfy the aspirations from the community, and in support of Government’s energy and environmental policy objectives, HK Electric has launched a suite of "Smart Power Services".
HK Electric is one of the longest-established power companies in the world. The Company has a world-class record of providing a highly reliable electricity supply to Hong Kong and Lamma islands at a reasonable and affordable price.
HK Electric Investments is committed to meeting the long-term energy needs and supporting the sustainable development of the community we serve. To do this, we focus not only on powering Hong Kong with a world-class electricity supply, but also on the way we deliver it and the impacts it has on the environment.
HK Electric aspires to be an employer of choice. We have policies and systems in place to attract talents and through continuous training and development, nurture them for a fulfilling career. We offer competitive remuneration, an ideal workplace and comprehensive wellness programmes for our employees while maintaining regular and open dialogues with them.
The public donation campaign launched by HK Electric to assist families of victims of the Lamma ferry tragedy will come to a close on Sunday, 16 December 2012. Proceeds raised are expected to reach more than HK$6.3 million, which will be distributed to those affected by the accident next month.
To ensure that donations are properly allocated, HK Electric has set up a vetting panel to work out the criteria and arrangements for distribution. The panel comprises Chief Executive of Hong Kong Council of Social Service, Ms. Christine Fang; senior legal practitioner Mr. Larry Kwok; Hospital Chief Executive of Queen Mary Hospital, Dr. Luk Che-chung; Honorary Treasurer of Christian Family Service Centre (CFSC), Mr. Nicholas Chiu; and General Manager (Human Resources) of HK Electric, Ms. Trini Chan.
The panel agreed that as donations were a token of the public's sympathy and support, the funds raised, except for those with specified beneficiaries, will be distributed among the 127 passengers on board Lamma IV on a 2:1 ratio to families of the deceased and those injured.
As the public donation account being administered by CFSC (HSBC Account: 004-808-6-000927) will close on 16 December, all late donations or unclaimed pledges will be sent to the Community Chest of Hong Kong. Beneficiaries can also arrange to donate their money to other charitable organisations or causes.
The fund-raising campaign initiated by HK Electric soon after the tragedy has been well supported by the community. Besides the public donation account, collection boxes were placed at all supermarkets and retail outlets of the A.S. Watson Group, while the owner of a Chinese calligraphy by Professor Rao Zhong-yi donated the piece to help raise $600,000 at a charity auction held on 27 November.
Earlier on, HK Electric decided to cancel various community and promotional activities for the rest of the year as a mark of respect to lost colleagues and friends. The HK$1 million saved, together with funds collected in donation boxes at office premises, an internal charity sale, staff donation with the Company's matching sum, have contributed another HK$2.4 million. CFSC will arrange for an independent audit of the public donation account.
Managing Director of HK Electric, Mr. Tso Kai-sum, was grateful to the panel members for their advice on fund allocation, as well as to the public for their care and donations. "After the tragedy, we have been supporting and assisting the families of the deceased and those injured, while providing counselling to our colleagues. We will continue to maintain contact with them to ensure there is sufficient support. And once the fund-raising campaign is over, we will make sure the money reaches them as soon as possible," Mr. Tso said.
With support from the A.S. Watson Group, donation boxes are placed at retail outlets throughout the city to collect public contributions.
A Chinese calligraphy by Professor Rao Zhong-yi was auctioned for HK$600,000.
HK Electric staff show their support at an internal sale of corporate souvenirs to raise funds.
The vetting panel set up by HK Electric to decide on the criteria and arrangements for fund allocation.