Verification Statement for Hong Kong Housing Authority
Sustainability Report 2005 / 06
SCOPE AND OBJECTIVE
Hong Kong Quality Assurance Agency (HKQAA) has conducted an independent verification of the Hong Kong Housing Authority's (HA's) Sustainability Report for 2005 / 06 (herein referred to as 'the report'), this is the first sustainability report by the Authority. The report describes the environmental, social and economic performance of HA for the period 1 April 2005 to 31 March 2006 . The objective of the verification was to provide an independent opinion on the materiality, completeness, accuracy, reliability and transparency of the information presented in the report.
The verification scope included:
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Assess the adequacy of coverage of all relevant issues in relation to HA's sustainability performance
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Verify the reliability of data and information management mechanism for gathering, collating, analyzing, monitoring and presenting the sustainability data in the report
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Assess the accuracy and consistency of the selected statements and data presented in the report
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Assess the overall reasonableness and balance of performance presentation in the report
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Identify the relevant areas for future improvement
VERIFICATION METHODOLOGY
Our verification procedure included review of relevant documentation, interview with representatives from HA with accountability for preparing the report, analyze selected sample of statements and data.
Selected samples of the consolidated performance data presented in the report were checked and tested, some were verified through cross-checking with third-parties to confirm the accuracy
Organizational conditions, overall operations, data items collected for reporting and compilation method were understood and assessed
OUR OPINION
In our opinion, the information presented provides a structured, balanced and reasonably accurate representation of HA's sustainability performance in the context of environmental, social and economic aspects.
Report Completeness:
The report is a fair and honest representation of HA's policies, management systems and performance with respect to its core operations and the key sustainability issues. The report communicates extensively regarding HA's recent initiatives, targets, progress, performance and case studies on its environmental, social and economic achievements and the future advancement measures. The commitments, strategies and support of top management are in line with principles of sustainability and maintain HA as a sustainable organization. HKQAA observed that there is a clear commitment by HA's senior management to continuously improve sustainability performance across the organization. As these initiatives become increasingly embedded and integrated into business practices. The report now incorporates a more comprehensive set of sustainability indicators.
Report Accuracy and Reliability:
The written statements made in this report accurately and consistently reflect the results and progress achieved during the reporting period.
Connie Sham
LEAD AUDITOR
HONG KONG QUALITY ASSURANCE AGENCY