Hong Kong Forum Highlights Sustainable Development and Green Business Innovation

Hong Kong took center stage on December 13th, 2024, as a significant forum convened to address the critical issue of sustainable development. Jointly organized by Friday Culture Ltd, HK Coalition, and DotDotNews, the event featured prominent speakers and panelists who explored pathways to a greener future for Hong Kong and beyond. The forum, presided over by a distinguished panel including Deputy Chief Secretary for Administration Cheuk Wing-hing; Wang Songmiao, Secretary-General of the Central People’s Government Liaison Office in the HKSAR; Li Yongsheng, Deputy Commissioner of the Office of the Commissioner of the Ministry of Foreign Affairs of the People’s Republic of China in the HKSAR; Cheung Chi-kong, Deputy Secretary-General of the Hong Kong Coalition; Wang Kaibo, Vice President of HKTKWW Media Group; and Herman Hu, President of Friday Culture, tackled some of the most pressing challenges facing the global community.

CEO John Lee opened the forum by emphasizing the unprecedented acceleration of global change and the critical responsibility of this generation to find sustainable solutions. Herman Hu highlighted Friday Culture’s mission to create positive content countering negative perceptions of Hong Kong and China. Liu Meng, Head of the China Office of the UN Global Compact, underscored the organization’s commitment to the 2030 Agenda and its Sustainable Development Goals, stressing the crucial role of private sector mobilization for sustainable business practices.

A key roundtable discussion, “Green Businesses and Beyond,” moderated by Henry Ho, President of the OCTS Youth Forum, featured insightful contributions from various experts. Johannes Hack, Vice President of the European Chamber of Commerce, stressed Hong Kong’s pivotal role in mobilizing capital for global green projects. Joseph Law, CEO of CLP Power HK, detailed the company’s carbon credit program aimed at supporting businesses in their decarbonization efforts. Nick Chan, Director of the AALCO HK Regional Arbitration Centre, highlighted the increasing reliance of Belt and Road Initiative (BRI) countries on Chinese technology for their green transformation. Paul Pong, Founder of the Institute of ESG and Benchmark, emphasized that adopting Environmental, Social, and Governance (ESG) practices can lead to increased profitability for businesses.

Another panel, “Innovation Drives Greener Future,” moderated by Witman Hung, member of the Global Council of World Summit Awards, focused on technological innovation and its contribution to a sustainable future. Samuel Chui, Director of Environmental Protection, showcased Hong Kong’s ambitious goal of achieving carbon neutrality by 2050. Peng Gong, Vice President of HKU, and Michael Yang, First Vice President of CityUHK, both stressed the potential of innovative technologies to solve climate change challenges and boost productivity in the green economy. Albert Oung, Founder and President of the World Green Organization, emphasized that technological advancements must benefit both humanity and the environment.

Concluding the forum, Cheung Chi Kong eloquently linked the concept of sustainability to deep-rooted Chinese culture, arguing that it’s time for this crucial concept to become universally embraced. The forum’s discussions and insights offer valuable perspectives on the path towards a sustainable future, emphasizing collaboration between government, businesses, and academia as a vital element for success. You can revisit the event online: [https://www.youtube.com/watch?v=9xLeimzWovI](https://www.youtube.com/watch?v=9xLeimzWovI) [Image](https://mma.prnewswire.com/media/2580888/Future_Culture_Pathways_To_A_Sustainable_Future.jpg)

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