The book entitled Business Sustainability in Asia, coauthored by Professors Rezaee, Tsui, Cheng, and Zhou, is an excellent reference for the emergence of business sustainability worldwide and particularly in Asia. Business sustainability has gained significant attention from global investors, regulators, the business community, public companies, and academicians in the past decade. This book focuses on five dimensions of sustainability performance:economic, governance, social, ethical, and environmental (EGSEE). It addresses the increasing focus on business sustainability and its factors of performance, disclosure, and risk and their implications for business practice, education, and research worldwide. Proper measurement of sustainability performance, as well as accurate and reliable disclosure of sustainability performance, and effective assessment of sustainability risks remain major challenges for organizations of different types and sizes, particularly in Asia. The book focuses on business sustainability in 12 jurisdictions in Asia from the Mainland China to Hong Kong, among others,and Vietnam. The sustainability theme in Asia is important for many reasons including the significant growth in sustainability efforts and activities in Asia in the past decades. Moreover, Asia has stepped up in forging an alliance with Europe to take a leading role on environmental initiatives by tackling climate change.

Given the continuing growth in business sustainability in Asia, this is a comprehensive book that introduces the emergence of business sustainability, followed by in-depth discussions of the three important business sustainability factors of performance, disclosure, and risk. The book offers guidance to organizations worldwide to properly integrate all five EGSEE dimensions of sustainability into their business models, strategic plans, and practices. It also provides guidelines for complete and accurate measurement, recognition, and disclosure of all five EGSEE dimensions of sustainability performance in an integrated reporting model.I highly recommend this book as a valuable resource in advancing business sustainability worldwide and, particularly in Asia. I believe anyone who is involved with business sustainability from the corporate board of directors to executives, investors, policymakers, regulators, and standard-setters should buy and read this book.

Dr. Kelvin Wong
Executive Director and Deputy Managing Director of COSCO SHIPPING Ports Limited
Chairman of the Financial Reporting Council, Hong Kong
Immediate Past Chairman of the Hong Kong Institute of Directors