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Yahoo
28-05-2025
- Business
- Yahoo
Sino Group Launches the First Partnership Programme with Suppliers to Build a Green Supply Chain 'Supplier Climate Alliance' Fosters Cross-Sector Collaboration
HONG KONG, May 28, 2025 /PRNewswire/ -- Corporate carbon management and climate disclosure have gained significant importance and are recognised as vital steps towards achieving carbon neutrality. The 'Supplier Climate Alliance' (the 'Alliance'), one of the first local initiatives aimed at raising awareness about climate change among suppliers, was officially launched. Through this initiative, Sino Group aims to foster cross-sector collaboration among industry players, academia, and the wider business community to engage climate-conscious suppliers, promote carbon management, encourage the disclosure of greenhouse gas emissions data, and ultimately contribute to a more sustainable supply chain. The 'Supplier Climate Alliance' is an initiative led by Sino Group, with SGS Hong Kong Limited as a 'Strategic Partner' to support the professional verification of carbon data. The Alliance also collaborates with the Centre for Civil Society and Governance of The University of Hong Kong, Ernst & Young, the SME Sustainability Society, and the World Wide Fund for Nature Hong Kong as 'Knowledge Partners' to share their carbon management insights and experiences. Participating suppliers are encouraged to engage in workshops and sign the Carbon Management Pledge as a commitment to decarbonisation. The Alliance recently held a launch ceremony and thematic panel discussion, attended by Mr Arthur Lee, Commissioner for Climate Change at the Environment and Ecology Bureau of the HKSAR Government, Mr Paul Chow, Group General Counsel and Group Chief Sustainability Officer, Hong Kong Exchanges and Clearing Limited, Ms Miranda Kwan, Director of Business Assurance, SGS Hong Kong Limited, Ms Cindy Chow, Chief Financial Officer & Associate Director (Finance) of Sino Group, and over 50 supplier representatives from various sectors. At the launch ceremony of the Supplier Climate Alliance, Mr Arthur Lee, Commissioner for Climate Change at the Environment and Ecology Bureau of the HKSAR Government, remarked, 'The Hong Kong SAR Government is actively developing a sustainability disclosure ecosystem with the aim of realising the vision of carbon neutrality by 2050 and meeting the national "3060 Dual Carbon Targets". Green transformation at an early stage will enable businesses to contribute to society and gain a competitive edge in the future low-carbon economy. I hope to see more suppliers joining the cause of carbon reduction and embarking on the green transformation of Hong Kong with us, so as to build a low-carbon future for our next generation.' Ms Cindy Chow, Chief Financial Officer & Associate Director (Finance) of Sino Group, said, 'Climate change is a significant global issue. We firmly believe that, in addition to enhancing our own climate resilience, we must collaborate with one another. We are delighted to launch the "Supplier Climate Alliance" with the support of various sectors, combining everyone's expertise and efforts to promote a sustainable supply chain in Hong Kong. We would also like to express our heartfelt gratitude to the Environment and Ecology Bureau and Hong Kong Exchanges and Clearing Limited for their ongoing leadership and support in promoting sustainable development for local businesses. We look forward to implementing more carbon reduction measures and actions by connecting with like-minded partners and working together to build a sustainable city.' The Alliance will provide regular learning experiences, including knowledge exchange and professional training, aimed at helping suppliers and their employees with essential knowledge about greenhouse gas emissions data collection while seeking to inspire them to strengthen their carbon management and implement best practices. Additionally, the Alliance will host various experiential activities to raise participants' awareness about carbon reduction, including 'Farm Together' workshops, snorkelling experiences with understanding coral restoration at Ocean Park, and visits to Sino Inno Lab and The Spark. Approximately 40 suppliers have joined the Alliance, with more than half committing to the Carbon Management Pledge in alignment with Sino Group's 'Sustainability Vision 2030' and the reduction targets for Scope 3 greenhouse gas emissions while enhancing climate-related information disclosure and carbon management reporting. Ms Miranda Kwan, Director of Business Assurance, SGS Hong Kong Limited, remarked, 'SGS is delighted to be part of the Supplier Climate Alliance, supporting the professional verification of carbon data in Sino Group's supply chain. We are also grateful to witness Sino Group be among the first batch of local developers to receive the ISO 20400:2017 Sustainable Procurement – Guidance, incorporating sustainability principles into supply chain management.' Sino Group is dedicated to integrating sustainable development into all aspects of its business and operations, encouraging colleagues, tenants, and residents to embrace sustainability together. The recently held 'Sino Sustainability Month' featured ten diverse tours, seminars, and experiential activities, attracting over 200 employees to participate. Programmes included discussions on ESG trends, 'Farm Together' workshops, snorkelling experiences, visits to the EcoBricks factory, food waste upcycling workshops, and more. These activities aimed to inspire participants to adopt a sustainability-focused mindset and integrate sustainable practices into their daily lives. 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South China Morning Post
19-03-2025
- Business
- South China Morning Post
Jumpstarter 2025: innovating for a brighter future
A new role for artificial intelligence (AI) will be unveiled this month at one of Asia's leading tech and start-up events. The aim is to make AI a powerful catalyst for sustainable development, and more than just a revolutionary technology that changes the way we work. Advertisement Jumpstarter, a start-up initiative by Alibaba Entrepreneurs Fund (AEF), focuses on providing a platform for entrepreneurs and young people to kick-start their business ambitions in Hong Kong. This year's event, on March 26 and 27 at AsiaWorld Expo, will bring together entrepreneurs, corporations and investors to explore the future of innovation. Amid growing concerns about the environment across the world, the theme of this year's edition – the seventh Jumpstarter – is AI and sustainability, highlighting companies that are committed to blending innovation with responsibility. Attendees will have the opportunity to learn about the rapidly evolving landscape of technology and sustainability from thought leaders, including a diverse line-up of more than 100 speakers from around the world. Keynote speeches and panel discussions will focus on the most pressing aspects of AI, such as its ethical implications and its role in sustainability, entrepreneurship and investment. 'This year we will delve into a 360-degree overview of AI,' says Cindy Chow, executive director and CEO of AEF. 'The discussions are expected to inspire innovative thinking and encourage participants to explore collaborative solutions to the challenges they face, fostering a deeper understanding of AI's impact on society and the economy.' Over the past 10 years AEF has invested US$93 million to help fund 76 companies. Speakers will include Joe Tsai, co-founder and chairman of Alibaba Group, which owns the South China Morning Post; Ben Barone-Nugent, generative AI supergroup lead at Canva; and Erika Cheung, executive director of Ethics in Entrepreneurship. Cheung was one of the whistle-blowers in the controversy surrounding the now-defunct healthcare tech start-up Theranos. Hong Kong's Financial Secretary Paul Chan Mo-po will welcome attendees during his opening speech, highlighting the city's strategic role in fostering innovation and entrepreneurship. Advertisement Since its launch in 2015, AEF has reviewed more than 13,000 business plans and created over 2,200 jobs in Hong Kong. A core part of its mission is to connect promising start-ups with investment capital and offer strategic guidance to help them grow their business through high-impact networking opportunities. A one-on-one business matchmaking session during the event will give tech entrepreneurs, businesses and investors – including venture capitalists and angel investors – a platform to exchange ideas and discuss potential partnership opportunities.