SUSTAINABILITY

SINGAPORE: New Green Shipping Incentives Introduced

13 May 2022

Singapore’s Maritime and Port Authority (MPA) has updated environmental incentives. More

Second Hand News: The Time of the Pre-owned Watch

27 April 2022

The global watch industry is recovering fast from the coronavirus pandemic. While new timepieces are driving Swiss watch exports to a record high, the burgeoning pre-owned market is expected to dominate the market in a few years. More

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Delivering Sustainability: A High-Performance Local Footwear Brand

20 April 2022

To contribute to the sustainability of the fashion industry, two brothers with deep roots in the footwear industry founded a high-performance footwear brand in Hong Kong. Since its 2017 inception, the brand has focused on developing shoes for everyday athletes using sustainable materials that not only work well but look and feel great for both the wearer and the planet. More

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Journey to Sustainability: The ASEAN Taxonomy

07 April 2022

Financing is the key to supporting and advancing the transition to net zero. In November 2021, the ASEAN Taxonomy Board released the ASEAN Taxonomy for Sustainable Finance, which introduces a common language across the region for the financing of sustainable activities and provides a framework for discussions among ASEAN countries. It helps financiers and investors understand the sustainability impact of a project or economic activity. More

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Hong Kong-UK Business Incubation: Fashion and Food Tech

06 April 2022

The Covid‑19 outbreak provided not only a wake‑up call for global manufacturers, brands and traders to re‑consider their supply chain strategies, but it also opened a new window of opportunities for start-ups to contribute to the process. This article shows how a Hong Kong-UK collaboration can facilitate the incubation of techstyle and food tech start-ups. More

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Sustainable ESG for Hong Kong’s Post-Covid SMEs

30 March 2022

With the Covid-19-induced hiatus in economic activity having offered a glimpse of an alternative, greener economy, ESG is set to become the New Digital that Hong Kong SMEs should best future-proof the sustainability of their operations in the post-pandemic era. More

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CAMBODIA: New EU Agreement to Promote Sustainable Apparel Sector

28 March 2022

The Garment Manufacturers Association in Cambodia (GMAC) has signed a memorandum of understanding with the European Chamber of Commerce in Cambodia (EuroCham) to deepen cooperation in promoting sustainability. More

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Red Light for Greenwashing: The EU Taxonomy

16 February 2022

With the Covid-19-induced hiatus in economic activity having offered a glimpse of an alternative, greener economy, this article will detail how the EU is taking measures on the one hand to channel investment into more sustainable activities, while introducing the sustainable finance and EU taxonomy package – a common classification of economic activities significantly contributing to environmental objectives, using science-based criteria. More

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Hong Kong Power System Integrator Going Green with Aid of Green Finance

11 February 2022

VPower Group Holdings Limited is Southeast Asia’s largest private gas-fired engine-based DPG (distributed power generation) station owner and operator. The company secured its first sustainability-linked loan in 2021. Ambrose Lee, Chief Strategy Officer and Head of Capital Markets/Corporate Finance, welcomes Hong Kong’s growing interest in sustainable development, and believes local financing can help businesses go green and expand. More

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Delivering Sustainability: Hong Kong’s First Plant-Based Culinary Arts Academy

09 February 2022

The Hong Kong-based flexitarian or plant‑based lifestyle proponent, Green Monday, has established the first-ever Plant-Based Culinary Arts Academy in Hong Kong in partnership with the Great Eagle Group. The aim is to address concerns over global food supplies by driving and leading a change in people’s diets towards more sustainable, plant-based alternatives. More

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