The "Green and Sustainable Finance Forum 2025" organized by the Hong Kong Quality Assurance Agency (HKQAA) was recently held successfully in Hong Kong. The event, graced by Mr. Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region, attracted over 400 senior executives from government departments, domestic and international banks, financial institutions, enterprises, chambers of commerce, and academic institutions.
During the forum, the "Hong Kong Green and Sustainable Finance Awards 2025" ceremony took place, where Waterdrop Inc. (WDH.US) was honored with the "ESG Disclosure Pioneer Award" for its achievements in environmental, social, and governance (ESG) practices, as well as its outstanding performance in sustainable information disclosure.
The HKQAA, a non-profit public organization established by the Hong Kong government, launched the awards to recognize institutions making significant contributions to green finance, carbon neutrality, and ESG disclosure. This year, nearly 70 enterprises, banks, and financial service providers from Hong Kong and mainland China were commended. Waterdrop Inc.’s consecutive win since 2024 highlights HKQAA’s recognition of the company’s long-term commitment to sustainable development, continuous improvement in ESG governance, and proactive ESG disclosure and practices.
Professor Wong Ka-ho, BBS, JP, Chairman of HKQAA, delivered the opening remarks, stating, "We hope today’s forum will inspire regional institutions to adopt innovative approaches toward smarter and more resilient sustainable development pathways."
As China’s leading insurtech and healthcare platform, Waterdrop Inc. adheres to its mission of "leveraging technology to provide accessible health protection for millions of families." This year, the company released its "2024 Environmental, Social, and Governance (ESG) Report," detailing its governance, technological innovation, product responsibility, talent development, environmental protection, and sustainable ecosystem initiatives.
Since 2019, Waterdrop Inc. has pioneered AI-driven innovation in insurance services. Its self-developed "Waterdrop AI Insurance Expert" model supports natural conversations up to 50 minutes and comprehends over 7,000 insurance products, offering users end-to-end high-quality services. Additionally, the company addresses the diverse needs of elderly, high-risk, and maternal groups through inclusive products like "Pregnancy Protection" and "Medical Coverage," enhancing insurance accessibility.
Waterdrop Inc. also actively engages in philanthropy, focusing on aiding vulnerable groups, rural revitalization, education, and disaster relief. As of September 2025, its crowdfunding platform, Waterdrop Crowdfunding, has assisted 3.61 million critically ill patients, raising ¥71.2 billion with support from 485 million donors. The Waterdrop Foundation’s "Rural Clinic Project" has established 188 clinics, benefiting over 500,000 people. Furthermore, Waterdrop Public Welfare has partnered with 119 charities, launching more than 15,500 projects with 73.57 million donors, raising over ¥1.383 billion.
Expanding globally, Waterdrop Inc. has established offices in Hong Kong, Singapore, and the U.S., adopting a dual-headquarters model anchored in Beijing and the Greater Bay Area. In 2023, it founded Waterdrop Financial, a licensed insurance brokerage in Hong Kong, providing professional insurance and wealth planning services. Moving forward, Waterdrop Inc. remains committed to integrating its growth with national strategies, advancing ESG practices, and fostering sustainable socioeconomic development through transparent collaboration.
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