On 16 January 2020, our member, New World Development Co Ltd, hosted the Sustainability Forum 2020 at one of their signatory green building, K11 Atelier King’s Road. The forum focus on looking at a new way of living and emphasise doing business as business as usual is no longer enough for the imminent environmental threats and societal challenges. The forum convenes business leaders to inspire and build knowledge capital on sustainable impact through cross-sector dialogues.

Chaoni Huang, Head of Sustainable Capital Market of Global Markets Asia Pacific in BNP Paribas, Vice President of HKGFA, and Tracy Wong Harris, Deputy Secretary General of HKGFA, spoke on the “Enabling Sustainable Impact Through Finance” panel, the panellists shared insights on new expectations from asset owners regarding sustainable investments, financing the transition to sustainable development and GBA green finance opportunities, and discussed how to quantify and evaluate cooperates’ climate impact.

Chaoni Huang said that Hong Kong is having a strong progress as a pioneer in green bond and green loan for Great Bay Area. Hong Kong cooperate is responding investors expectation in pushing investment in addressing sustainability in a meaningful way which could lead to actual, quantifiable impacts.

Tracy Wong Harris shared her view on the importance of impact measurement and how HKGFA facilate this effort by organising capacity building events, e.g. the UNDP SDG Impact Standard Worksop where members can ask direct questions to the UNDP representatives and published report in assisting members on Environmental Assessment when applying for the green bond certification.