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.
The global fisheries and aquaculture industry are evolving rapidly to increase resource efficiency, boost output sustainably improve food security. Aquaculture – farming freshwater fish and crustaceans – is developing more rapidly in emerging markets than mature ones, and is growing strongly in Hong Kong.
Biotechnology and sustainability are key factors in the development of the Belt and Road Initiative. These technology-heavy fields received extensive attention at last month’s Belt and Road Summit, organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC).
Digital transformation and a shift to sustainable operations are developments that are impacting most industries across the world – and fashion is no exception. This was amply demonstrated at the 2022 edition of Asia’s premier fashion event, CENTRESTAGE.
The COVID‑19 pandemic resulted in huge disruptions to the global supply chain, leading many businesses – including small and medium-sized enterprises (SMEs), the backbone of the world economy – to recalibrate their strategies and shift to a more sustainable approach.
Throughout the COVID-19 pandemic, millions of surgical masks have been discarded every day in Hong Kong, putting a heavy burden on landfills and potentially posing a threat to the marine ecology.
This story is a part of the Hong Kong Means Business “Powered by HSBC – Bridging the GBA” series.
New Zealand is known as the world’s “last pure land” . In addition to beautiful scenery with mountains, lakes, glaciers and fjords, the islands also offer the purest pollution-free spring water.
Fresh vegetable and fruit salads are rich in nutrients, but the taste can be bland and the grass-like flavour of some salad leaves is not acceptable to everyone.
As the shift to vegetarian diets becomes more deeply rooted in Hong Kong, local start-ups are seizing the opportunity to develop new food technologies. Hong Kong start-up Good Food Technologies has developed a plant-based pork substitute made from konjac (a root vegetable widely cultivated in Asia), coconut oil and soyabeans. The firm's first round of financing attracted HK$12 million (US$1.53 million) which will be used to build new production facilities, develop retail capabilities and grow beyond Hong Kong.
With Mainland China setting 2060 as the deadline for carbon neutrality, sustainable development has become an important goal for the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The Hong Kong Trade Development Council (HKTDC) and global bank HSBC have teamed up to help small and medium-sized enterprises (SMEs) upgrade in order to achieve environmental, social and governance (ESG) objectives.
The rise of so-called “fast fashion” over the past two decades enabled consumers to buy a wider range of clothes at low prices, rapidly boosting the fashion industry worldwide – but the fast fashion trend has led to a string of environmental and sustainability concerns.
Innovative new green tech firms feature heavily in this year’s Start-up Express as an environmental, social and governance (ESG) award debuts in the programme.