SERVICES
Consulting Services
Hong Consulting helps clients identify material reporting topics, key metrics, internal controls, and data necessary to draft and publish their annual sustainability reports. The firm helps clients select standards to report under and performs research on ESG matters as requested. Through the reporting process, Hong Consulting helps clients identify risks to their long-term viability to help clients address and mitigate those hazards, as well as take advantage of opportunities created by a growing regulatory environment and changing consumer preferences.
Regulatory Compliance
The firm assists Oahu building owners in complying with the City & County of Honolulu’s Benchmarking Program. The Better Buildings Benchmarking Ordinance (Ordinance 22-17) requires Oahu building owners to report annually on the following sustainability metrics:
Site and source energy use intensity,
Weather normalized site and source energy use intensity,
The ENERGY STAR® score, where available,
Total annual greenhouse gas emissions,
Monthly energy use by fuel type,
Indoor water use and water use intensity (consumption per gross square foot),
Outdoor water use (where available),
Total water use,
The ENERGY STAR® Water Score (where available).
The goal of the ordinance is to make building owners aware of the resources they consume and allow them to benchmark themselves against similar buildings. This knowledge is meant to empower them to make better decisions that conserve precious resources and save money. Click here for a link to an article about the ordinance.
Hong Consulting assists clients with ENERGY STAR Portfolio Manager data input and collection. Additionally, we help generate benchmarking reports from the ENERGY STAR Portfolio Manager and submit the reports to the Office of Climate Change, Sustainability and Resiliency (OCCSR).
The firm is also available to assist with implementing California’s SB 253: Climate Corporate Data Accountability Act which requires disclosure of a company’s Scope 1, 2, & 3 greenhouse gas emissions. Click here for a link to an article about SB 253.
Education
Hong Consulting is committed to increasing the skillsets of accountants and business professionals related to ESG matters. To that end, the firm partners with various organizations to put on webinars that teach professionals about ESG topics. The founder also publishes articles on LinkedIn and on this website to drive awareness of how ESG is relevant to businesses.
Here are some education opportunities:
Better Building Benchmarking Compliance Webinar | Feb. 12th 9 AM - 10 AM
Better Building Benchmarking Compliance Webinar | March 18th 10 AM - 11 AM
Better Building Benchmarking Compliance Webinar | April 24th 2 PM - 3 PM
Email Hong Consulting at adrianhong@hongconsultingllc.com in order to register for these webinars.
Fractional Controller Services
Hong Consulting provides fractional controller services to clients who do not need a controller (head accountant) full time but still need someone to look after financial reporting, payroll, accounts receivable, accounts payable, inventory, etc.
The firm can assist with one-time projects or recurring duties.