Striving Ahead on Sustainability Stewardship: HKU Business School published its First Sustainability Report

Striving Ahead on Sustainability Stewardship: HKU Business School published its First Sustainability Report

Global challenges have become increasingly acute. We have accomplished much, but more to be done. The year of 2024 marks a milestone in HKU Business School’s sustainability journey, as we proudly launch our first-ever Sustainability Report, which makes us the first business school in Hong Kong to publish a standalone sustainability report. We hope to share the progress we’ve made and envision goals we aim to achieve together in the future.

The Report communicates the School’s ongoing efforts and achievements in sustainability from July 2023 to June 2024, which have been demonstrated from the perspectives of Education, Alumni, Research, Knowledge Exchange & Partnership, and Sustainable Campus.

“The School recognises the importance of balancing short-term benefits and long-term sustainability efforts, and we are striving to contribute to a lasting impact on sustainability.”

Professor Hongbin Cai, Dean and Chair of Economics of HKU Business School

At a Glance of the Report:

  • 30+ ESG-related teaching courses across our UG, TPG and executive programmes
  • Launched the brand-new programme named Master of Climate Governance and Risk Management
  • Our Alumni Association has grown to 3,000 members, across Asia-Pacific, North America, the Middle East, and beyond
  • Nurtured alumni start-up stars to develop creative solutions addressing environmental and social issues
  • 50+ ESG-related international top journal publications in the past 3 years
  • Asia No. 1 on UTD Top Business School Research Rankings based on publications in the past five years
  • Established the HKU Jockey Club Enterprise Sustainability Global Research Institute in June 2024
  • Throughout the year, our students from the Impact Lab have dedicated over 149,000 hours of work to support more than 50 social impact organisations
  • 58.4% female students and 28.7% female faculty members
  • During the reporting period, HKU Business School carbon emissions totalled 3,806 tonnes CO2e for scope 1 and 2, and started to assess scope 3 emissions

We invite you to read our Full Report for more details and welcome your comments, feedback, and all your enthusiasm for sustainability!

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The frontier of AI models has evolved beyond text processing to encompass the ability to understand and generate visual content. These models not only comprehend images but also generate visual content based on textual prompts. This study presents a systematic evaluation of the image generation capabilities of AI models, focusing on two core tasks: generating new images and revising existing images. Using carefully curated multidimensional test sets, we conducted a comprehensive evaluation of 22 AI models with image generation capabilities, including 15 text-to-image models and 7 multimodal large language models. The results show that ByteDance’s Dreamina and Doubao, as well as Baidu’s ERNIE Bot, demonstrate impressive performance in both new image generation and image revision tasks. Overall, multimodal large language models deliver superior performance compared to text-to-image models.