Hong Kong Quality Assurance Agency (HKQAA) has been commissioned by Airport Authority Hong Kong (AAHK) to conduct an independent verification of its Sustainability Report 2016/17 (the Report). This is AAHK’s fifth sustainability report, covering the fiscal year 2016/17, ended 31st March 2017. The Report outlines AAHK’s sustainability performance and management approach during the reporting period. It provides an interactive means to disclose AAHK’s key objectives and targets towards sustainability. The Report addresses the sustainability issues that are most material to AAHK and its stakeholders.
The aim of this verification is to provide a reasonable assurance of the information stated in the Report based on the Global Reporting Initiative (GRI) reporting principles for defining report content and report quality. The Report is prepared in accordance with the GRI Standards: Core option and the GRI G4 Airport Operators Sector Disclosures.
The verification process was undertaken with reference to:
International Standard on Assurance Engagement (ISAE) 3000 (Revised) – “Assurance Engagement Other Than Audits or Reviews of Historical Financial Information” issued by the International Auditing and Assurance Standards Board
GRI Standards and the GRI G4 Airport Operators Sector Disclosures
The process included reviewing the internal data collection and management mechanism, interviewing responsible personnel with accountability for preparing the Report, and examining the raw data and supporting evidence of representative samples of data and information selected for verification based on a risk-based approach.
HKQAA was not involved in collecting and calculating data, or in the development of the Report. HKQAA’s activities are independent from AAHK. There is no relationship between AAHK and HKQAA beyond the contractual agreement for providing the verification service.
The verification results confirmed that the Report has been prepared in accordance with the GRI Standards: Core option and the GRI G4 Airport Operators Sector Disclosures.
The information articulated in the Report provides a structured, balanced and reliable disclosure of AAHK’s sustainability performance in the reporting period. The GRI reporting principles of stakeholder inclusiveness, sustainability context, materiality and completeness have been well adhered to. Besides, the essence of accuracy, timeliness, comparability, clarity and reliability assures the report quality.
AAHK adopted an interactive and innovative approach to present the report that allows stakeholders to have a clearer understanding of its efforts on sustainability at large. Materiality assessment and stakeholder engagement mechanism have been excelled. In conclusion, the Report serves as an effective means to disseminate AAHK’s sustainability performance to its stakeholders in a highly transparent manner.