The city's disposable tableware ban which comes into force today has spooked small retailers over the price of "sustainable" items. Limited composting facilities is another concern. But NGOs hail the territory for the scope and breadth of measures to cut plastic pollution.
With Australia, Japan, Hong Kong, Malaysia, New Zealand, Philippines and Singapore introducing mandatory climate reporting rules, a stricter sustainability reporting regime is upon firms. What are key shifts to note as new rules kick in?
Alan To, former regional ESG marketing director of S&P Global, has been appointed chief executive officer of Climate Finance Asia, a sustainable finance consultancy based in Hong Kong
Asia’s sustainability heads foresee some relief from reporting burdens this year, but articulating the financial value of social, biodiversity and climate-related impacts, engaging suppliers and staying ahead of regulations will keep them busy.