Hong Kong Businesses see Future in Low-Carbon Products and Services
CCBF's First HK Business Climate Change Survey
Hong Kong businesses recognise the risks to their businesses posed by climate change, but have yet to prepare in earnest, according to a survey conducted by the Climate Change Business Forum (CCBF) among 500 business managers in the Hong Kong SAR.
Among the top concerns are rising energy prices (71%), disrupted transport and logistics networks (58%), disruptions due to pandemics or infectious diseases (51%), and scarcity of environmental resources (48%), according to the survey conducted in September 2010 by the CCBF, an initiative of the Business Environment Council (BEC), and with the support of Ogilvy Public Relation’s sustainability practice, OgilvyEarth.
'“This survey illustrates Hong Kong’s businesses are poised on the brink. They recognize both the threat and the opportunities posed by climate change, but they are watching for both market and regulatory signals before acting. As residents and as business people, we need to act more decisively and make a firm commitment to a low-carbon economy.”
CY Leung, CCBF Patron Chair'