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Sustainable Asia

BySCMP Events
Sustainable Asia
Cindy Chow, Executive Director of Alibaba Hong Kong Entrepreneurs Fund (left), and Frank Fang, General Manager, Head of Commercial Banking, Hong Kong and Macau, HSBC (right).

High-profile competition for start-ups will drive innovation

Generous cash prizes and a maximum of US$5 million investment fund now available for Top 30 

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Marriott’s Quest for Sustainability in Asia: Being Better for People, Planet and Business

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RBC guides clients towards sustainable investing

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SCMP Events
Sustainability

German appliance maker Miele woos customers with ‘green steel’ sales pitch

German appliance maker Miele is boosting its sustainability credentials with a pilot project to use ‘green steel’ in large cookers and ovens, while also pledging to cut scope 3 carbon emissions by 15 per cent.

Miele holds an event at IFA, a major trade show for consumer electronics and home appliances, in Berlin on September 4, 2019. Photo: AFP
Asia travel

Destinations known | Being a sustainable tourist earns special rewards in this island country

The Republic of Palau has launched a new sustainable tourism initiative whereby visitors who do things like use reef-safe sunscreen gain access to unique cultural experiences.

Business of climate change

Asian companies lag behind US, Europe in climate impact disclosures

In contrast, the delinquencies in New York, London and Frankfurt were between 4.5 and 17.6 per cent of listed companies, according to ESG Book.

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Asia travel

Destinations known | The new 400km Asian trail that will be one of world’s most sustainable

The Trans Bhutan Trail, on which single-use plastics are not allowed, reusable water bottles will be supplied, and a tree planted for every visitor, is a model for sustainable tourism development.

A hiker on the Trans Bhutan Trail, which will be one of, if not the, most sustainable trail in the world when it opens in March 2022. Photo: Trans Bhutan Trail
Business of climate change

Covestro turns to green hydrogen to make products more sustainable

Covestro’s Shanghai plant is likely to be German firm’s first plant globally to use green hydrogen, putting it on track to reach its decarbonisation goal.

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Sustainability

China moves sustainable food to top of the chain to ensure security

China’s decision to include alternative proteins in its five-year plan shows Beijing’s desire to nurture home-grown technology to ensure sustainable food supply, industry watchers say.

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Green finance

Why transition finance lags behind green and sustainability bonds, loans

The US$4.56 billion combined value of nine transition finance deals pales in comparison to the US$485 billion of green bonds, US$180 billion of sustainability bonds and US$91 billion of sustainability-linked bonds issued last year.

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Wind turbines in China’s Gansu province. Transition bonds issuance globally nearly tripled in each of the past two years, but lags behind green bonds, sustainability bonds and sustainability-linked bonds. Photo: Reuters
Sustainability

Can Hong Kong help cut through the alphabet soup of global ESG rules?

Hong Kong’s SFC may include the ISSB’s standards in the city’s audit and listing rules in late 2022, or early 2023 once the prototypes are endorsed and adopted.

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Illustration by Henry Wong
Mukesh Ambani and family

Asia’s richest man to invest US$76 billion in eco projects

Money will be used to build renewable power projects, a green hydrogen network, factories making solar modules, hydrogen electrolysers, fuel cells and storage batteries.

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Business of climate change

Sustainable finance: deals to keep growing as regulators, investors double down on ESG

The rapid growth in sustainable finance deals will continue in 2022, supported by the growing practice of taking ESG issues into consideration while making asset allocation decisions, bankers and asset managers said.

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Recycling and waste reduction

How multinationals are making China’s plastic packaging more sustainable

From repurposing used milk bottles to recycling water barrels, big multinational chemical firms are helping recycle plastic waste in China amid growing pressure from regulators and customers.

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China, the biggest producer of plastic waste on the planet, kicked off a five-year plan in January to phase out single-use and non-biodegradable plastic bags and other plastic packaging. Photo: AFP
Business of climate change

Hong Kong ‘can play role’ in financing Asia’s climate change resilience

As a leading issuer of green bonds, the city is well placed to help plug an annual US$25 billion gap in funds needed to protect Asia’s cities from climate change risks, says Fitch.

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A man holding a baby wades through a flooded road following heavy rainfall in Zhengzhou, in China’s Henan province, on July 22, 2021. Photo: Reuters
Climate change

Analysis | Can entrepreneurs help turn zero-emission jets, ships into reality?

The progress in aviation and shipping to decarbonise, or switch to non-oil power sources, has been slower than electric cars and trucks, even if the industry’s overall carbon footprint is smaller than road transport.

India

Video | Indian boy runs for sustainability

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Why Royal Bank of Canada believes in SusTech investments

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SCMP Events
Why Royal Bank of Canada believes in SusTech investments

Rethinking the future of ESG in Asia

ESG (Environmental, Social, and corporate Governance) is a fundamental component to many companies in the modern-day, and for a good reason With the right mindset and skill set, businesses across Asia and around the world can reach their ESG goals and contribute to a more sustainable future

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Embracing change with HealthTech

Digital healthcare tools have been prevalent in the healthcare industry for many years, but “the pace of its evolution and growth significantly ramped up as a result of the pandemic,” says Rana Karadsheh-Haddad The healthcare industry will need support from governments and the general public in order to adopt new technology and make changes to the system

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Driving corporate sustainability forward

Sustainability has become a higher priority for many businesses as investors, customers, and employees voice their support for diversity, equity, and inclusivity How are diversity and inclusivity related to the sustainability agenda, and how are companies implementing programmes and embodying ideals to help achieve greater equity in the workplace?

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Photo by: Pexels

From farm to table: Can we meet Asia's future demand for food?

Asia’s agriculture and food industries face unique challenges due to the needs in feeding the rapid increase in population It’s clear the issues of agriculture sustainability and food production need to be addressed, but what is the solution?

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Photo by: Unsplash
PayPal

FinTech: A way to improve financial inclusion

FinTech, or financial technology, is a “rapidly growing industry segment aiming to deliver financial services more broadly and efficiently with a tremendous innovation using powerful online technologies, enabled big data, and cloud computing From new developments in banking and shopping to online lending and digital currency, FinTech is paving the way to a more financially inclusive and sustainable future

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How Greentech is the solution to climate change

Climate change is an imminent and pervasive issue in the modern world 45 per cent of global investment in the transition to cleaner power is found within Asia, and the priorities are clear: a low-carbon future, Greentech adoption, and clean energy

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Buildings of the future: Rebuild green

Though energy-efficient systems are not yet the norm, 70% of companies in Asia Pacific are willing to pay a premium to rent spaces in sustainable buildings. Why is this the case, and what exactly does it mean to make a building sustainable?

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Photo by: Unsplash

Smart Cities: Using technology to connect the city and foster social progress

One of the major goals related to the building of Smart Cities is to “connect the different city infrastructure elements,” Erdal Elver, President and Chief Executive Officer of Siemens Ltd. in Hong Kong and Macao, says Successful Smart Cities are intended to be more efficient, make urban life better for citizens, and reduce environmental impact through long-term sustainable practices

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Photo by: Pixabay

How VCs can lead the way with ESG and impact investing

Issues surrounding climate change and inequalities across the globe multiplied with the onslaught of the Covid pandemic over the last year Already underserved groups such as ethnic minorities, people with disabilities, children, migrants, women and the elderly were hit the hardest by the pandemic. This widened the gap between vulnerable groups and populations, and deepened socioeconomic inequalities

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