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Market Players' Sustainability Efforts
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Hotel Stage Reports Significant Reductions in Plastic Waste
Hotels have embraced the new "Plastic Free" regulations, which prohibit the provision of free disposable plastic toiletries to guests. Hotel Stage's General Manager, Mr. Alex Wu Shui-Lun, stated that the hotel has replaced seven types of plastic toiletries with sustainable alternatives and installed water filtration systems. In the first month alone, the hotel reduced its use of disposable plastic bottles by approximately 3,000 and small plastic toiletry bottles by 5,000. Wu noted that eco-friendly tourism is becoming increasingly popular, and guests have shown no dissatisfaction with the new policies, often bringing their own toiletries.
Source: "Plastic-Free" Initiative Gains Momentum
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TamJai International Adapts to "Plastic-Free" Policy
TamJai International, which operates over 190 branches of TamJai Yunnan Mixian and TamJai SamGor Mixian, has been using eco-friendly utensils since October 2023. The company's Corporate Planning Director, Mr. Ko Chun-Yu, mentioned that about 70% of their takeaway customers now refuse disposable utensils. Despite the higher cost of sustainable utensils, the overall operational costs have remained unaffected due to the reduction in disposable utensil usage. Staff training was provided a month before the policy implementation to educate employees on the new procedures and the environmental benefits of eco-friendly utensils.
Source: "Plastic-Free" Initiative Gains Momentum
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Hong Kong Advances Hydrogen Trials
The The Environment and Ecology Bureau (EEB) Inter-departmental Working Group has approved 5 new hydrogen fuel technology demonstrations. These include using silicon to produce hydrogen power at construction sites and testing refuse and street cleaning fuel cell vehicles.
Up to March 2024, 14 trials have been greenlit such as Citybus' hydrogen bus. A refueling station is set to launch alongside 3 new fuel cell street cleaners.
Looking ahead, the government will release a Hydrogen Development Strategy mid-2024.
Source: Hydrogen Fuel Technology in Hong Kong
Articles
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Project Management for Youth: Empowering the Ne...
Introduction In today's fast-paced world, project management skills are essential for success in both personal and professional endeavors. By equipping young people with these skills, we can empower them to...
Project Management for Youth: Empowering the Ne...
Introduction In today's fast-paced world, project management skills are essential for success in both personal and professional endeavors. By equipping young people with these skills, we can empower them to...
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Circular Economy 101: A Comprehensive Guide to ...
Introduction As the world grapples with environmental challenges and resource scarcity, the circular economy has emerged as a transformative model for sustainable growth. Unlike the traditional linear economy, which follows...
Circular Economy 101: A Comprehensive Guide to ...
Introduction As the world grapples with environmental challenges and resource scarcity, the circular economy has emerged as a transformative model for sustainable growth. Unlike the traditional linear economy, which follows...
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ESG and Succession Planning: A Strategic Approa...
Introduction In today's rapidly evolving business landscape, the integration of Environmental, Social, and Governance (ESG) factors into corporate strategies has become essential. As organizations strive for sustainability and long-term success,...
ESG and Succession Planning: A Strategic Approa...
Introduction In today's rapidly evolving business landscape, the integration of Environmental, Social, and Governance (ESG) factors into corporate strategies has become essential. As organizations strive for sustainability and long-term success,...
Bigger Life ESG-aligned Projects
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Recycled Craft Project
More...Find out how a Recycled Craft Project connected a diverse audience in the community.
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ESG Wellness Fair
Join nowWe invite you to join our virtual campaign, where you can share, inspire, and experience the joy of sustainable living.
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1M Learning
1-minute to bring good to lives on earth. Learn and act.
What we do
Our goal is to teach people about ESG in a fun and interesting way. All the projects we work on are based on the United Nations 17 Sustainable Development Goals. These goals are a set of important objectives that the United Nations has created to make the world a better and more sustainable place. We want more people all around the world to know about these goals and support them.
Here are the 3 things we do:
- TRAINING We teach people and help them learn about the Sustainable Development Goals and ESG impacts to their daily lives.
- CAMPAIGN We design projects and do activities to spread awareness about the Sustainable Development Goals.
- SEMINAR We organize meetings where people can come together to talk about important topics and learn from each other.
ESG PRACTICE BEGAN IN THE 1960s
ESG investing has gained popularity in recent years as investors increasingly consider environmental, social, and corporate governance factors when making investment decisions. According to the CFA Institute, factors such as climate change and social justice have influenced this trend.
- 88% of public companies and about two-thirds of privately-owned companies have ESG initiatives in place
- Nearly 70% of employees say they wouldn't work for a company without a strong purpose.
- Companies that embrace corporate philanthropy and social initiatives can foster greater employee engagement, satisfaction, and retention.
- 89% of investors consider ESG issues in some form as part of their investment approach.
- Just 13% of global investors see ESG as a passing fad.