Group Managing Director Inducted into Hall of Fame At Supply Chain Asia Awards 2022
HONG KONG SAR – Media OutReach – 11 November 2022 – Kerry Logistics Network Limited (‘Kerry Logistics Network’, ‘KLN’; Stock Code 0636.HK) was named the Asian 3PL of the Year for the seventh time at the Supply Chain Asia Awards 2022 (the ‘Awards’) and its Group Managing Director, William Ma, received the prestigious “Hall of Fame” accolade at the award ceremony held in Singapore last night.
The Hall of Fame award acknowledges and celebrates exemplary leaders with records of demonstrating strong leadership and innovative thinking in creating success in the global supply chain industry, while the Asian 3PL of the Year title commends an industry leader in Asia.
Commenting on winning the award, William Ma, Group Managing Director of Kerry Logistics Network, said, “These achievements are testaments to KLN’s market leading position in Asia and our continuous dedication to service innovation and operational excellence. As one of the very few Asia-based global 3PL with a diversified business mix and broad exposure in key gateways, we are offering unique and highly customised solutions to support our customers to, from and within Asia. We are proud of what we have accomplished especially during the last two years when our team showed incredible dedication, ingenuity and agility in the face of COVID.”
On his personal recognition, Ma added, “I am truly honoured to be inducted into the Hall of Fame. It would not be possible without the great support of all my colleagues and partners from across our network. Despite the success of building Kerry Logistics Network as a global and sustainable corporation, I will continue to inspire and nurture our people as well as explore new solutions for our customers. Together with my management team, I look forward to taking KLN to the next level in the global logistics arena.”
Kerry Logistics Network previously received the Asian 3PL of the Year title in 2011, 2012, 2015, 2016, 2018 and 2019. William Ma has successfully spearheaded the international expansion and transformation of KLN since 2000 and has led the Company as Group Managing Director since its listing in 2013.
The Awards are organised annually by Supply Chain Asia Magazine to honour outstanding corporations and individuals in the supply chain and logistics industry. The corporate awards are voted by the public as well as the Awards Committee and a panel of judges, whereas the awards in the individual categories are selected by the Awards Committee. The 2022 edition of the Awards was the first one held since 2019 due to global events in the ensuing two years.
Hashtag: #KerryLogisticsNetwork
About Kerry Logistics Network Limited (Stock Code 0636.HK)
Kerry Logistics Network is an Asia-based, global 3PL with a highly diversified business portfolio and the strongest coverage in Asia. It offers a broad range of supply chain solutions from integrated logistics, international freight forwarding (air, ocean, road, rail and multimodal), e-commerce and express to industrial project logistics and infrastructure investment.
With a global presence across 59 countries and territories, Kerry Logistics Network has established a solid foothold in half of the world’s emerging markets. Its diverse infrastructure, extensive coverage in international gateways and local expertise span across the Mainland of China, India, Southeast Asia, the CIS, Middle East, LATAM and other locations.
Kerry Logistics Network generated a revenue of over HK$81 billion in 2021 and is the largest international logistics company listed on the Hong Kong Stock Exchange as well as a constituent of the Hang Seng Corporate Sustainability Benchmark Index.
About Supply Chain Asia Awards
Held annually since the founding of Supply Chain Asia, a not-for-profit professional body that aims to bring professionals from within the logistics and supply chain industry together, the Supply Chain AsiaAwards ceremony has been one of the most enduring platforms that continues to bring recognition and profile to the supply chain and logistics industry. It was postponed in 2020 and 2021 due to COVID-19. Over the years, the event has evolved into a celebration of industry successes as well as an annual affair that brings together leading senior executives, veterans and industry professionals.
ZUG, SWITZERLAND – Media OutReach – 11 November 2022 – pCloud, leading cloud storage service announced Singles Day celebration with a huge sale of its Lifetime Plans. Users in Asia have even more reasons to be excited about pCloud now.
The cloud storage company was launched back in September 2013. Triggered by the growing need of cybersecurity, the young forward-thinking pCloud team has set his foot on the rapidly growing IT market with the mission to provide the world with a cloud storage solution that works seamlessly for both individuals and businesses.
Along with its smart file security measurements and variety of file management options, the company has also pioneered the industry with its Lifetime plan, which is an innovative price model that gives users the opportunity to get a lifelong account with just one payment.
pClouders residing in Asia have even more reasons to be excited about pCloud these days. The cloud storage provider has just announced its new Singles Day Promotion.
From November 10th to 14th, users will have the chance to receive up to 10TB storage with up to 85% discount.
During the last 12 months, the ambitious team at pCloud has continued to develop by releasing new features and even a NEW Product- pCloud Pass.
From now on users do not have to worry about the security of their passwords and personal data.
pCloud Pass is the secure password manager for your passwords and personal data. Users can use it to log in to websites with a single click, fill online forms with their payment details and create strong passwords with the built-in password generator. With this new app users can save their credit card details and use secure notes to write down alarm document IDs, bank account numbers, pin codes and more.
One thing that sets pCloud apart from some of the big-name players in the game is zero-knowledge encryption. pCloud Pass uses client-side encryption to ensure users data is protected from all kinds of attacks. This means that everything clients save gets encrypted on their device before it’s uploaded to the pCloud servers. Only users can decrypt the data by using the Master Password.
Hashtag: #pCloud
About pCloud
With over 16M users worldwide pCloud is one of the most advanced and easy-to-use cloud storage on the market. Founded nine years ago by a group of IT specialists and entrepreneurs, the company provides innovative, fast and secure cloud storage for individuals and businesses. Today, the service is one of the top 5 cloud storage services and is in competition with top providers such as Google and Dropbox. With unique features such as pCloud Drive, branded download links, upload links, and synchronizing multiple folders, pCloud delivers unmatched versatility, security, and sharing capabilities. With pCloud Drive, files can be completely stored in the cloud, freeing up local hard drive space. This also improves the upload and download speed of files of any size that can be accessed anytime, anywhere. pCloud is the first cloud storage provider to offer both encrypted and unencrypted folders within the same account. With pCloud’s unique client-side encryption functionality users’ files are safely hidden from any unauthorized access.
pCloud is available on the App Store, Google Play, and www.pcloud.com.
HONG KONG SAR – Media OutReach – 11 November 2022 –On November 6, 2022, The Shenzhen Talent Affairs Leading Group Office, the Shenzhen Qianhai Authority, the Hong Kong Economic and Trade Office in Guangdong, InvestHK, and the European Union Chamber of Commerce in China jointly held the 9th Shenzhen-Hong Kong (Qianhai) Talent Cooperation Annual Meeting and Shenzhen-Hong Kong joint “Talent Attraction” event.
Hong Kong Economic and Trade Office in Guangdong and the Shenzhen Qianhai Authority Announced the “2023 Shenzhen-Hong Kong Joint Talent Attraction Plan”
Mr Chris Sun, JP, Secretary for Labour and Welfare, said in his video speech that Hong Kong is very positive on talent attraction. Hong Kong will continue to strengthen talent exchanges and cooperation with Qianhai, Shenzhen and other cities in the Guangdong-Hong Kong-Macao Greater Bay Area, to build it into a national talent highland.
Shenzhen-Hong Kong Joint Attraction for Global Talents
Mr. MOK Ka Wai, Chief Immigration Officer of the Hong Kong Economic and Trade Office in Guangdong, introduced Hong Kong’s latest talent attraction policies, including the launch of the Top Talent Pass Scheme, the optimization of the talent immigration plan, the establishment of talent service windows and other measures. He emphasized that various innovative talent policies will be launched and the details of the measures to be optimized in the future.
Liang Ke, deputy secretary of the Party working committee of the Qianhai cooperation zone, introduced Qianhai’s talent attraction policy, including creating a comprehensive talent ecology, building a high-level talent platform and providing international public services. Qianhai plans to launch the “Global Modern Service Industry Talent Clustering Plan” and implement measures such as announcing the modern service industry talent list and establishing a “fast track” for talents in the list.
Hong Kong Economic and Trade Office in Guangdong and the Shenzhen Qianhai Authority announced the “2023 Shenzhen-Hong Kong Joint Talent Attraction Plan”. They plan to organize talent attraction activities in the coming year and invite talent experts and corporate executives to participate. Through policy presentations, roundtable dialogues, talent salons and other forms, it is expected to promote the exchange and communication of talents in Hong Kong and Shenzhen, and attract more international talents to develop their career in Hong Kong and Shenzhen.
Shenzhen-Hong Kong talent cooperation gains substantial achievement
Hong Kong and Shenzhen continuously cooperate on talent attraction and gained substantial achievement in optimizing the cooperation mechanism, strengthening the provision of resources, and jointly attracting and nurturing talents.
On establishing a cooperation mechanism for talents attraction, Hong Kong Economic and Trade Office in Guangdong, Invest Hong Kong and other departments will work closely with Shenzhen Qianhai and other regions to create a smooth two-way talent flow, and jointly organize overseas presentations, talent hunting and other activities.
In terms of jointly carrying out talent attraction activities, in 2022, Hong Kong business associations, human resources institutions, universities, scientific research institutes, etc., have jointly organized seminars with Qianhai to introduce the business environment, development prospects and supporting services of the Guangdong-Hong Kong-Macao Greater Bay Area to the world. The seminars have attracted more than 150 foreign and Hong Kong-funded enterprises and more than 300 corporate executives.
To build a joint talent-attracting and nurturing platform, Hong Kong government departments, social institutions, industry organizations, universities and scientific research institutes actively cooperate with Shenzhen Qianhai and other regions to provide a suitable environment, sufficient opportunities and space for the growth and development of talents. The measures include: promoting the establishment of Hong Kong talent platforms, such as the Qianhai Institute of Smart Transportation of the University of Hong Kong and the Hong Kong Science and Technology Youth Federation to jointly nurture young scientific and technological talents; organizing a series of activities, such as “Business Leaders Forum”, “Technology Enterprises Going Overseas”, “Bay Area Science and Technology Innovation Camp”, providing a platform for communication and cooperation for executives of more than 200 Shenzhen and Hong Kong enterprises; supporting the update of the Qianhai Hong Kong and Macau Youth Recruitment Plan, with a total of 4,514 positions released so far. Through the plan, 260 Hong Kong and Macau youths have successfully joined key enterprises in Qianhai such as Tencent, SF Express, WeBank, etc.
The event attracted various types of talent representatives’ physical participation, including corporate executives, representatives of international consulting or headhunting companies, and corporate representatives of the European Union Chamber of Commerce in China. In addition, the conference has attracted more than 4,000 online viewers from Japan, Russia, Hong Kong and Macau.
The issuer is solely responsible for the content of this announcement.
About Qianhai International Liaison Services Ltd
Established in August 2014, Qianhai International Liaison Services Limited is a window company of the Shenzhen Qianhai Authority servicing Hong Kong. We shoulder the responsibilities “to foster industrial collaboration, talent exchange, legal cooperation and co-development proposal, and to serve Hong Kong people and enterprises” and make “Support Hong Kong, Service mainland, Face the world” its mission. The “Qianhai e-Services Hong Kong-Macao Station” is now operated by the company, offering 223 free services to Hong Kong and Macao individuals to handle government services without travelling to Qianhai, including business registration, tax-related services,
SHENZHEN QIANHAI – Media OutReach – 11 November 2022 – The 2022 Qianhai Global Investment Promotion Conference, hosted by the Qianhai Authority and jointly organized by the Nanshan District Government and Bao’an District Government, was held on November 8, 2022. The conference theme was “Invest in Qianhai, Building a Winning Future”. The conference demonstrated Qianhai’s economic vitality, policy appeal and driving forces of innovation, boosted the confidence of domestic and foreign companies to invest and develop in Qianhai, and attracted the attention of global businesses and investors. Qianhai announced the “Qianhai Global Service Provider Plan” at the conference as an invitation to global service providers in eight majors service sectors.
Zeng Pai, a member of the Standing Committee of the Shenzhen Municipal Committee of the CPC, director of Qianhai Authority and secretary of the Party Nanshan District Committee, gave out a speech at the 2022 Qianhai Global Investment Promotion Conference
Qianhai has attracted the world’s top 500 enterprises, Hong Kong-funded enterprises, state-owned enterprises, and industrial bellwethers to set up offices in Qianhai, with a total investment of over 120 billion yuan, injecting surging momentum into the high-quality economic development of Qianhai.
Comprehensively deepen reform and opening up in Qianhai to provide a broad platform for enterprises
Zeng Pai, a member of the Standing Committee of the Shenzhen Municipal Committee of the CPC, director of Qianhai Authority and secretary of the Party Nanshan District Committee, said in his speech: “Qianhai’s high-quality development was achieved under the direction and decision of the Central, Provincial and Municipal governments, and was achieved by the joint effort of all the enterprises, talents and various departments of the Authority. On the new journey, Qianhai will keep its mission in mind, comprehensively deepen Qianhai’s reform and opening up, and bring more opportunities and a broader platform to entrepreneurs.”
Secretary Zeng Pai said: First, Qianhai strives to be the pioneer in helping enterprises’ innovative development. Second, Qianhai focuses on high quality to help enterprises accelerate their development. Thirdly, Qianhai makes a name for “Shenzhen-Hong Kong Cooperation” to support the integrated development of enterprises. Lastly, Qianhai creates a solid base for enterprises to develop without worries.
Mr. CHAN Shuen Yiu, Sidney, director of the Hong Kong Economic and Trade Office in Guangdong, said that according to the “Qianhai Plan”, the development and construction of the Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone, will support the economic and social development of Hong Kong. It also enhances the level of cooperation between Guangdong, Hong Kong and Macao, which is an important measure to build a new stage of opening up. Measures such as tax benefits, support funds and the opening of professional services have created favorable conditions for Hong Kong enterprises to settle in Qianhai.
Mr. Zhong Yongxi, chief representative of the Hong Kong Trade Development Council (HKTDC) in Mainland China, encouraged Hong Kong enterprises to visit Qianhai to explore Qianhai’s policies and opportunities. In the past two years, he has brought many Hong Kong enterprises to Qianhai for inspection and witnessed Qianhai’s continuous effort to optimize the business environment. In the new pattern of domestic and foreign dual circulation, Qianhai has played many new functions and roles.
Working together with enterprises to achieve “six major improvements” in the business environment
Huang Xiaopeng, deputy director general of Qianhai Authority, said that in the past year, Qianhai had worked with enterprises to create a market-oriented, legalized and international first-class business environment. Qianhai attracted, cared and served enterprises with sincerity and achieved “six major improvements” in the business environment, namely, stronger development momentum, closer cooperation between Shenzhen and Hong Kong, more active reform and innovation, higher quality of opening up, more abundant platforms and a better urban environment.
Qianhai Global Service Providers Program
Qianhai announced the “Qianhai Global Service Provider Program” to actively attract and cultivate national top 20 or global top 50 global service providers in eight sectors, including modern finance, business logistics, information services, etc. The program aims to build a cluster of global service providers with the world’s top 500 headquarters companies as the core and SME industry leaders in specialized fields as the main body.
The Qianhai Global Service Provider Program is an invitation to the global service providers in eight major sectors. The details include: 1. Deepen cross-border innovation and cluster financial service providers; 2. Connect internal and external circulation and cluster business logistics service providers; 3. Support innovation and creation and cluster information service providers; 4. R&D focused and transformation and cluster technology service providers; 5. Strengthen communication and integration and cultural and creative service cluster providers; 6. Enhancing convergence of rules and regulations and cluster business service providers; 7. Optimize space policies and cluster logistic service providers; 8. Hgh-quality services and cluster public service providers.
Qianhai is committed to realizing the “1231” development goals: providing industrial support funds of no less than 1 billion yuan each year and industrial space of no less than 200,000 square meters. By 2025, it aims to introduce and cultivate more than 300 global service providers, with an added value of over 100 billion yuan in the service industry. Qianhai will pay full effort to build it into a core engine in the modern service industry of the Greater Bay Area and become an important production-related service industry centre in the Asia-Pacific region.
Qianhai will also provide “three major supports” for global service providers, including promoting the integrated development of the modern service industry and advanced manufacturing, building talent highlands in the Greater Bay Area, and creating a market-oriented, legalized, and internationalized first-class business environment.
Qianhai will also accelerate the formation of “four clusters” to converge innovative resources, including venture capital investment cluster, natural gas trading cluster, cross-border e-commerce cluster, and tax-related services industry cluster. Qianhai has also launched an online service of ”Qianhai Clusters Policies”, which matches and recommends eligible support policies by conducting in-depth questionnaire evaluation through “smart matching”.
The issuer is solely responsible for the content of this announcement.
About Qianhai International Liaison Services Ltd
Established in August 2014, Qianhai International Liaison Services Limited is a window company of the Shenzhen Qianhai Authority servicing Hong Kong. We shoulder the responsibilities “to foster industrial collaboration, talent exchange, legal cooperation and co-development proposal, and to serve Hong Kong people and enterprises” and make “Support Hong Kong, Service mainland, Face the world” its mission. The “Qianhai e-Services Hong Kong-Macao Station” is now operated by the company, offering 223 free services to Hong Kong and Macao individuals to handle government services without travelling to Qianhai, including business registration, tax-related services, social security and government administrative services.
Pick from the Top NBA® Players to Create Your Own Unstoppable Team
Lafayette, CA – News Direct – 10 November 2022 – Nifty Games™ announced today the launch of NBA® Clash™ on iOS™ and Android™ platforms with NBA® stars Jaylen Brown and Jamal Murray featured as highlight athletes. Brown and Murray, alongside the full roster of NBA®players bring a new level of intensity to mobile with exclusive special abilities that pack a big punch!
Licensed by the NBA® and NBPA, NBA® Clash™ is an action-packed mobile game that’s a must-play for armchair power forwards, casual hoops fans and sports fanatics looking for intense basketball action. Featuring all 30 NBA® teams and over 100 individual players, NBA® Clash™, is a quick-session, real-time PVP mobile game, designed with highly intuitive controls and eye-popping visuals. Gamers worldwide will be able to compete head-to-head in 3-on-3 games, featuring first to eleven scoring.
“It’s tip-off time,” says Jon Middleton, CEO of Nifty Games™. “We’ve designed NBA® Clash™ to bring the intense, fast-paced action of the NBA® to life on mobile from the ground up. Gamers will be fired up to face off head-to-head with custom teams of their favorite NBA players to rain down three’s, break ankles and wreck rims against friends and opponents around the world. Nifty Games™ is excited to have NBA® stars Jaylen Brown and Jamal Murray join the team as our highlight players and deliver the best mobile sports game ever!”
Commenting on the launch of NBA® Clash™ Jaylen Brown, shooting guard for the Boston Celtics™ said, “Being able to play basketball on mobile devices wherever I am in the world is pretty cool. The game has a lot of action and is fast paced. I like that the fans can enjoy the game of basketball through a mobile experience and I’m excited to be part of it. The guys at Nifty Games™ did a really nice job.”
Point guard for the Denver Nuggets™, Jamal Murray, commented, “Ever since I was a kid all I wanted to do was play basketball – and now I can also do it on mobile thanks to the guys at Nifty Games™ who’ve created a fun, fast-paced NBA® experience that can be played at anytime, anywhere.”
Fans and gamers can play NBA® Clash™ now by visiting the iOS™ and Android™ platforms. For more information, visit www.nbaclash.com and @NBAClash on Twitter
Hashtag: #NiftyGames
About Nifty Games
Nifty Games is a mobile-first developer and publisher of quick-session, head-to-head sports games. To date, the company has raised funding from leading sports, video game, and technology focused investors. The company is based in California. Learn more at www.niftygamesinc.com. Follow us on Twitter at @NiftyGames.
Allcopyrights, trademarks, logosand brandsare property of their respective owners.
ZEISS SMILE is the gold standard in laser eye surgery as a non-invasive and painless procedure
DUBAI, UAE – EQS Newswire – 10 November 2022 –The North American Lasik & Eye Surgery Centre (https://NorthAmericanLasik.com) in Dubai, UAE is the first clinic in the middle east and the only one in the United Arab Emirates to offer the new ZEISS SMILE® Pro (Small incision lenticule extraction) eye surgery using ZEISS Visumax 800 technology. Over five million SMILE® procedures have been performed globally with great success. The laser eye surgery clinic is redefining refractive surgery with ZEISS SMILE®, a laser procedure that goes beyond PRK and LASIK. ZEISS SMILE is the gold standard in laser eye surgery as a non-invasive and painless procedure.
Benefits of Smile®
SMILE® does not cut the cornea. Research shows that corneas treated with SMILE® procedure are 47% stronger. This procedure was approved for myopia correction and astigmatism.
The Visumax 800 is used in the SMILE® eye procedure and is the fastest laser available worldwide. This means you can get your eyes corrected in just 10 seconds
Is it comparable to LASIK?
There is a major difference between these 2 procedures. LASIK makes a 300-degree circular flap incision, while SMILE® makes a 60-degree pocket incision. The non-invasive incision in SMILE® is far superior compared to LASIK, since LASIK flap complications have occurred such as dislocation and flap wrinkling.
With LASIK, eye problems can occur such as Keratoconus. This condition is an outward bulging of the eye due to the weakening of part of the cornea.
With SMILE®, the patient has less chance of dry eyes and a faster healing time that can be under 2 hours. When it comes to near-sightedness (myopia) or astigmatism, SMILE® is highly effective. With SMILE®, myopia and astigmatism can be corrected by up to -10.00 D.
The North American Lasik & Eye Surgery Centre is honoured to have the first clinic in Dubai that offers LASIK SMILE eye surgery ( https://bit.ly/3zBRuiv) with the ZEISS Visumax 800. By having the ZEISS Visumax 800 in Dubai, the clinic is now able to provide this surgery along with other procedures such as Femto LASIK and ICL (Implantable Collamar Lens)). Many patients who were not eligible for LASIK now have the option of SMILE® technology to fix their poor eyesight.
Dr. Abdulla Naqi is a Canadian Board certified eye surgeon since 2007 and obtained his medical graduate certificate from the Royal College of Surgeons in Ireland in 1997. Between 2007 and 2009, he joined the faculty of Ophthalmology at the University of Toronto to complete his fellowship in Glaucoma and advanced anterior segment surgery. In 2013 Dr. Naqi founded the North American Lasik and Eye Surgery Centre. North American Lasik and Eye Surgery Centre is the leading laser eye surgery center in the United Arab Emirates.
With over 16,000 successful eye surgeries performed on local and international clients, the clinic has a solid reputation worldwide. Website: https://NorthAmericanLasik.com
69% say their organization’s sustainability efforts are strongly or generally aligned with Hong Kong’s Climate Action Plan 2050
Only 21% of organizations believe they are fully utilizing technology to operate more sustainably
Changes in the energy market and energy supply over the past 12 months have motivated only 16% of respondents to increase investment in digitalization
HONG KONG SAR – Media OutReach – 10 November 2022 –A new study conducted by Business Environment Council (BEC), in collaboration with Schneider Electric, the leader in the digital transformation of energy management and automation, has found that given the maturing guidelines around sustainability and climate-related reporting, 84% of respondents believe sustainability is a core part of their organization’s strategy and that their leadership teams care about sustainability and climate change.
Jonathan Chiu, President, Schneider Electric Hong Kong (left) and Simon Ng, Chief Executive Officer, Business Environment Council (right), shared a new survey conducted by Business Environment Council(BEC), in collaboration with Schneider Electric, to provide a deeper understanding of the current perceptions of sustainability or ESG and the level of preparedness in moving towards Hong Kong’s carbon neutrality before 2050.
“Organizations have started to acknowledge the importance of a sustainable business strategy and have committed to decarbonization targets that align with government initiatives. However, it is shown that resources and planning towards the implementation of reduction measures are still insufficient. This leads to concerns from within the organization that they will fall short of committed targets. BEC will take lead in working with its members and the wider business community, to foster the sustainability ecosystem, working with different partners to build capacity and encourage the adoption of innovative practices, resources, and planning to build a bright future together in a bid to strive towards the goal of carbon neutrality.” said Simon Ng, Chief Executive Officer of BEC.
“Climate change has become a major part of global risks, affecting every industry and market, and disrupting economies. An urgency to accelerate sustainability is here for corporates to take action, enhance energy efficiency, electrify, and digitalize energy ecosystems. With energy demand globally anticipated to grow three-fold in the next 30 years, technology can be the enabler to tackle sustainability and energy challenges globally, and we hope that businesses will also find the value of digitization and new technologies that are already available now to accelerate electrification, digitization, and sustainability,” said Jonathan Chiu, President of Schneider Electric Hong Kong.
The survey also revealed the following:
Hong Kong businesses are on the right track for the sustainable journey
The Hong Kong’s Climate Action Plan 2050 has been well received by Hong Kong businesses since it was launched in October 2021, with 69% of respondents saying their organization’s sustainability efforts are strongly or generally aligned with it, which is the same for net zero commitments. On the other hand, 50% of respondents believe their company is strongly or generally aligned with Science Based Targets (SBT).
Another topic covered in the survey relates to decarbonization. Driving decarbonization is no longer just about brand image. It is one of the most certain paths to creating innovation for companies seeking a competitive edge, and to bring business opportunities. The motivators for decarbonization, however, differ among Hong Kong businesses. With 50% citing Brand Perception as a motivator, 49% expressing Business Opportunity, and 46% saying Government Regulations play an important part in driving decarbonization.
Major sustainability changes in businesses are best achieved with the right mindset. 62% of respondents agree that changing longstanding business practices and organizational mindsets, is one of the top energy and sustainability challenges faced in the past 12 months, followed by 55% believing striking a balance between realistic and aspirational targets and 41% stating access to accurate data and information to guide efforts as the other top challenges. A sustainable mindset at all levels is an ambitious goal, as it comprises so many elements, including principles, values, and beliefs. It is important to have a joint effort of governments, organizations, and individuals to promote sustainable development.
Enhancing decarbonization ambition to SBT
The study shows that 6 out of 10 respondents are from companies that have committed publicly to reducing carbon emissions. In December 2021, HKEX launched the Practical Net-Zero Guide for Business to help companies in developing a pathway to net-zero, by introducing the strategies of climate mitigation and outcomes same as the SBT initiative. Less than a quarter (24%) have established SBT, which means more efforts are needed to accelerate the net-zero journey.
Businesses across relevant sectors will be mandated to share information in line with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) by 2025. This implies a sense of urgency for companies to identify and report their climate-related risks. This survey finds that the top energy and resources supply risks that respondents are concerned about are, carbon or energy regulations (69%), cost and risk management in a volatile market (53%), and power supply reliability (36%).
Digitization plays a crucial role in driving sustainable development
Just over one-fifth (21%) of respondents are fully utilizing new technologies and technology solutions to operate more sustainably. Among them, 69% are listed companies or their subsidiaries, and 28% are from the energy and utilities sector. This implies other sectors need to leverage and take advantage of technology to drive sustainability. In addition, only 16% of respondents cited their organizations increased investment in digitization in the past 12 months.
60% of participants considered digital analytics as adding the most value to organizations in monitoring their sustainability performance and 73% believe that improving operation efficiency, productivity, or reliability added the most value. In the process to lower their carbon footprint, 52% of respondents have pursued digital solutions in the past 12 months.
The study was conducted from August to September 2022 based on a survey of 205 business leaders and professionals, and three focus group discussions centering on specific environmental topics. The findings are published in a report titled “Building a Greener and Smarter Hong Kong” to provide a deeper understanding of the current perceptions of sustainability or Environmental, Social, and Governance (ESG) and the level of preparedness in moving towards Hong Kong’s carbon neutrality before 2050.
An executive summary of the study report is available here.
The issuer is solely responsible for the content of this announcement.
About Business Environment Council
Business Environment Council (BEC) is an independent, charitable membership organisation, established by the business sector in Hong Kong.
BEC’s vision is to lead, enable and drive the business community to transform for a green, liveable and sustainable Hong Kong.
Since its establishment in 1992, BEC has been at the forefront of promoting environmental excellence by advocating the uptake of clean technologies and practices which reduce waste, conserve resources, prevent pollution and improve corporate environmental and social responsibility.
BEC offers sustainable solutions and professional services covering advisory, research, assessment, training and award programmes for government, business and the community, thus enabling environmental protection and contributing to the transition to a net-zero economy.
About Schneider Electric Schneider’s purpose is to empower all to make the most of our energy and resources, bridging progress and sustainability for all. We call this Life Is On.
Our mission is to be your digital partner for Sustainability and Efficiency.
We drive digital transformation by integrating world-leading process and energy technologies, end-point to cloud connecting products, controls, software and services, across the entire lifecycle, enabling integrated company management, for homes, buildings, data centers, infrastructure and industries.
We are the most local of global companies. We are advocates of open standards and partnership ecosystems that are passionate about our shared Meaningful Purpose, Inclusive and Empowered values.
Lao Workers going to work in South Korea earlier this year | Photo credit: Vientiane Times
Local police apprehended the fraudsters last week in Vientiane Capital for posing as job recruiters and arranging fake visas for people to avail work opportunities in South Korea.