ESG is trending among companies globally, helping them go green and achieve sustainable development, but in the eyes of Arthur Lam, CEO and Co-Founder of Hong Kong start-up Negawatt, that is far from enough to make an environmental impact.
Hong Kong showcased its innovation and technology (I&T) strengths at three fairs last week, including the first-ever InnoEX co-organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), held concurrently with the Hong Kong Electronics Fair (Spring Edition) and Hong Kong International Lighting Fair (Spring Edition).
The first-ever InnoEX, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), which is running in conjunction with the HKTDC Hong Kong Electronics Fair (Spring Edition) and HKTDC Hong Kong International Lighting Fair (Spring Edition).
Hong Kong start-up RaSpect specialises in remote building inspections using drones to gather the data and artificial intelligence technology to process it – faster, more accurate, more comprehensive and safer method than traditional manual building inspections.
Digitalisation is transforming Hong Kong’s traditional pillar industries – such as finance, trade, professional services and property. At the same time the city is seeking to further diversify its economy and is placing innovation & technology (I&T) front-and-centre in its development plans.
Like many parents of young children, Australian expatriates Jade Poon and Natalie Chow found their Hong Kong homes were becoming cluttered with toys – many of which their toddlers no longer even played with. Friends since their schooldays and keen to live more sustainably, the pair decided this was wasteful. So in April 2019, Ms Poon, a human resources executive, and Ms Chow, a marketing executive-turned-entrepreneur, came up with the idea to establish Happy Baton, Hong Kong’s first toy rental subscription service.
Social-distancing rules led to many nail salons closing during the COVID-19 pandemic, prompting two university classmates to step out of their comfort zones and invest a significant sum in starting up a home-based nail art business. The duo design and produce relatively environmentally friendly and easy-to-use nail art stickers that allow even novices to easily decorate their own nails.
Kung Wo Tong has been a well-established business for more than 100 years in Hong Kong. The company uses secret recipes passed down from the Qing dynasty to produce a herbal jelly using Guiling paste. The founder's granddaughter started her own business in recent years with her own brand Gui Ling Yuan Fang, aiming to modernise Hong Kong’s herbal tea culture and promote the concept of health preservation to a younger consumer base.