Hong Kong Science Park unveils zero emissions plan as city eyes transformation into a green tech, finance hub
- HKSTP’s near-term goals – which should be achieved by 2030 – include reductions of 42 per cent in carbon emissions in operations
- HKSTP is drawing up a decarbonisation road map with a key focus on areas such as building energy efficiency, retro-commissioning and retrofitting
HKSTP’s near-term goals – which should be achieved by 2030 – include reductions of 42 per cent in carbon emissions in operations. The targets also include a reduction of 25 per cent in carbon emissions in downstream leased assets such as carbon emission from tenants and waste, and a cut of 52 per cent in carbon emissions intensity per square metre from capital goods, such as embodied carbon emissions.
By making the commitment, HKSTP has become Hong Kong’s first statutory body to commit to net-zero by 2045, five years ahead of the city’s Climate Action Plan 2050 Carbon Neutrality target.
“Hong Kong is fast emerging as a leader and a first-mover in green tech and green finance innovation. We hope our Net-Zero 2045 vision can help lead the way by setting new operating benchmarks and show Hong Kong businesses and industries that Net-Zero is a viable business goal,” said Albert Wong, HKSTP CEO.