We need social inclusion

Video – Why does Web accessibility matter to us?: https://www.youtube.com/watch?v=dmyfx-PBMps&t=8s

Martin Luther King, Jr. once said, “There is nothing more dangerous than to build a society with a large segment of people in that society who feel that they have no stake in it; who feel that that have nothing to lose. People who have a stake in their society protect that society, but when they don’t have it, they unconsciously want to destroy it.”. With fifteen percent of the world population being persons with a disability, we need social inclusion.

In the 21st century, human beings are benefited by technological advancement – 4G and 5G wireless connection, web portal, mobile device, the Internet, and many more. Your website – personal, businesses’, non-profitable organisations’ – is a tool to achieve social inclusion, and in turn, business sustainability.

The disabled are the disadvantaged group that our society and businesses need to care about because of social responsibility and legal responsibility (The Disability Discrimination Ordinance (Cap 487)). According to the Office of the Government Chief Information Officer of HKSAR, all people, irrespective of age, race, education, or disability, shall have equal access to all the information and services in websites or mobile applications. COVID-19 crisis worsens connectivity as the disabled person may have difficulties in moving around to get the resources and services.

Who will benefit from the web accessibility initiative (WAI)? It is the persons with disabilities and you. Web accessibility rate is significant to businesses. A higher accessibility rate means you are reaching out to more potential customers in the market. WAI empowers your business by providing more potential market data, such as behaviours, interests, demographics, connections, age ranges, locations, and languages.

The website and mobile application accessibility is a strategic approach of social responsibility, legal compliance, and hidden market exploration. Enhancing your existing web accessibility through WAI requires you to comprehend the different techniques and tools to enable the disabled to reach the websites or mobile applications contents:

  • Screen reading software and screen magnifiers;
  • Voice control software and modified keyboards;
  • Text transcripts of audio content or subtitles on video contents;
  • Straightforward content and structure.
Photo above: Number of disables persons from http://www.ogcio.gov.hk.

Find out more with us about the WAI.

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

We know that noise is bad for health

Noise can cause elevated heart rate and blood pressure. Noise can alter our immunity system too. It is common for us to experience sleep disturbance with significant problems. To the extreme, we would lose our hearings to a substantial noise level.

Why can’t we have a quiet place to live? Beyond a vast population on limited land, the original site for residential redevelopment already subjects to a high noise environment.

It is challenging to plan and coordinate the long-term housing strategy. In Hong Kong, housing development’s available sites are closed to the heavily trafficked roads and railways. In recent years, you should find individual housings are built around busy streets due to the land scarcity, which in turn, causing us to look for alternative potential redevelopment sites. Redevelopment – the action or process of developing something again or differently – may make use of another land type to fulfill the housing strategy. If, for example, the site formerly was a factory site, it is likely the area enduring heavy vehicle traffic. We love convenience, but housing developed in the present urban area will be unavoidably within the dense traffic area.

Photo above: Why we fail to have a quiet place to live, provided by Maurice Yeung, the charter member of East and South-East Asia Regional Chapter of Acoustical Society of America

Environmental professionals have known many noise mitigation measures – a setback, single aspect design, fins, etc. Still, about nine hundred thousand people in Hong Kong are enduring the inevitable traffic noise. Methods are discovered to protect the residents from traffic noise above 70dB(A) L10(1 hour). Innovative noise mitigation measures are much needed to be explored and developed to reduce the percentage of the population exposed to traffic noise. The percentage of population exposed to traffic noise is a useful comparable benchmark to appraise how well the cities are doing for noise mitigation.

What are the innovative mitigation measures? The creative standards require collaboration and partnership to develop sustainably.

Innovative noise mitigation design (INMD)
The research and implementation of the acoustic window are one of the prime examples of INMD. The acoustic window is a window type yielding a magical solution for a dilemma situation. In the past – and even now, it is still a common issue; an open window drawing the airflow also brings the house with noise. The acoustic window principle is “By arranging two glass panels parallel to each other with openings at alternative sides; traffic noise can be screened off while allowing natural ventilation simultaneously,” defined by the Environmental Protection Department. Acoustic windows have been installed in some recent public housing. The practicability of mounting the acoustic window in the existing housing and mitigating rail noise is under study.

Video 0 Interviewing noise control pioneer in Hong Kong featuring K K Iu : https://www.youtube.com/watch?v=I6axMP-qP3g&t=16s

Low noise road surfacing (LNRS)
LNRS utilises absorbent materials to reduce tyre/road interaction noise or reducing tyre tread impact and shock noise. It is a common standard for highways. For local roads, the application will depend on the specific road condition.

Smart technologies
The name “smart technologies” is generic. Here for environmental protection is the application of virtual reality, big data and artificial intelligence, 3-dimension (3D) geographical information system (GIS) and 3-D photo-realistic model.

  • Virtual reality is a game-changer. In an environmental sense, it mimics the surroundings, and we can add our external idea into the simulated environment to virtually test the practicability. Thoroughly to learn the project environment, the authorities and stakeholders are effortlessly to recognise the potential externality before moving on to urban development.
  • Artificial intelligence enables an automated monitoring system supported by a technology platform that empowers authorised parties to operate through various IT devices, including smartphones and tablets. The system automatically signals the breaches and visually verifies the sources. All data is filed and immediately accessible for use. The system contributes substantial savings in human resources and costs for site monitoring works and enhances information distribution amongst project parties.
  • Law enforcement is to combat environmental crime effectively, random inspection and control are hardly adequate. Target enforcement action and strategy are set to surveillance the risk. The risk-based approach uses a webcam system, an uncrewed aerial vehicle to surveil, and a project website to release surveillance information.
  • Once the data is captured, these data are the lesson learned. It is essential to reposit them, reuse them as reference for future projects. Smart Environmental Assessment System is intelligently capable of learning from past environmental impact assessment (EIA) and performing EIA for projects and planning, analysing public comment, and proposing mitigation measures. Environmental constraints will be identified by retrieving the map previously derived from geospatial data. Automated EM&A checking system and integration of 5G and artificial intelligence technology heighten the enforcement measures. The use of 360 cameras and drones to continuously monitor the work in progress is reasonably applicable.
Video – What will our environmental service be like in the future? : https://www.youtube.com/watch?v=w-1SnZ74thc&t=4s

Do not forget land planning, which is very important from the very beginning. The cradle-to-grave approach starts from design to implementation. The developers’ role falls onto considering the appropriate noise measures before commencing building work. The monitoring and management cause workload and burden. Therefore, the enforcement party should set up a checking mechanism to ensure the developers undertake the mitigation measures.

Video – What the experts tell us about noise control: https://www.youtube.com/watch?v=DzzBBCRbfJE&t=4s

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

To stay environmentally smart

We all care about our health – physical health and, more recently, environmental health.

What is environmental health? Environmental health is about the relationship between people and their environment, human health and wellbeing, healthy and safe communities. Social initiatives can be treated professionally, scientifically. And, we should. Importantly, our next-generation leader can learn about the environment scientifically.

The environmental health around us can be traced. Have the three goals to action in mind:

  • Know your built environment
  • Scientifically monitor
  • Data analysis

Goal 1 – know your built environment.
By your sensation, do you feel noisy in the surrounding? Do you sneeze, and is it about the dust? You do not see the dirt air with your eyes; does it mean the air is clean and clear? Do you recognise your area as a quality one?

Goal 2 – scientifically monitor
An idiom, “To do a good job, an artisan needs the best tools.” – Technology advancement helps us to prove our hypothesis scientifically. We need to use the tools we need to successfully execute the scientific monitoring: noise meter, dust measuring device, and weather station.

Goal 3 – data analysis
Data has our story – structure or unstructured. When we could find the pattern, data will enable us to monitor the situation. We will identify factors affecting noise and dust levels through data collection, the correlation between noise, dust, and the external environment, and mitigation effectiveness.

In the 21st century, no one can leave intelligent schooling behind. The small-scale learning environmental monitoring station empowers our next-generation leader with a fact-finding process, discovering the environment by their capability.

Video – How can you achieve Intelligent schooling in environmental sense?: https://www.youtube.com/watch?v=lOeOdctylI0

Another great learning tool is what we have a misconception about – 4-dimensional virtual reality.

VR, AR is no longer just a game thing. By virtually being into the scenarios, the participants, including students of all levels, will be empowered to comprehend the content visually. Through interplay in the VR AR scenarios, they are qualified to attend the instruction practically. Students and teachers are academically encouraged to interactive learning, more than through a novel, turning the theories learned from a book to virtual learning situations.

Video – What technology has been used for EPD training: https://www.youtube.com/watch?v=YJfGvfmMfNU&t=8s

ANewR is actively engaging in VR AR projects for environmental training, enthusiastically practicing our VR AR expertise in various fields. Let’s explore the opportunity with us at info@anewr.com

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

Engagement concepts embedded in the workplace health and safety

Do you know? Your corporate planning matters to your corporate success. Attaining Sustainable Development Goals (SDGs) introduced by the United Nations is a new norm to recognise corporate’s sustainable achievements.

According to the International Labour Organisation, workplace health and safety falls into SDGs of Good Health, Decent Work, Economic Growth, and Peace and Justice. More than a slogan or a report, sustainability aspects are necessary to nurture to support the business. Employees remain as vital human capital in an organisation. Human capital is an intangible asset. International Labour Organisation has alerted us that “the health of workers is a major determinant of productivity” because of “a vicious circle of poor health” leading to “reduced working capacity, and low productivity”.

Can you imagine the potential consequences if you lose your workforce? That costs human lives, your corporate reputation, and that could mean you are breaching the regulations. Occupational health and safety is a global focus. Hong Kong, as a Global Metropolis, has the Occupational Safety and Health Ordinance in place. The workplace is identified as “places where employees work”, including factories, construction and offices and more. Workplace health and safety is everywhere for everyone.

So, do not miss the stakeholder engagement in the issue. The issue starts with the work system design, the work procedure, the working environment, and communications. Employers, occupiers, and employees work hand in hand to achieve zero accident and pleasant working conditions.

Planning is a long-term thing; employees’ commitments to OHS is a must-have to achieve the daily safe operation. Establish channels to communicate with your workforce by utilising reliable online and offline communication technologies, activities, and events to raise awareness. Enforce safety procedures. Distribute the lesson learnt. Educate your employees to be competent.

The new way to educating employees is now on the way to 4-dimensional and virtual reality. Virtual reality immerses your employees into the replicated environment that you want to engage them to alert, such as accidental scene; 4-dimensional furnishes your employees the sensation of creating an authentic atmosphere. The changing game has already been applied to work-related training – Environmental Protection Department’s acoustic window 4D VR training is a prime example in Hong Kong. Think about it for health and safety.

Photo above: news reporting about the use of 4D VR in staff training (https://hk.on.cc/hk/bkn/cnt/news/20190419/bkn-20190419021948831-0419_00822_001.html)

What does the future of work mean to you? Materialise in occupational health and safety and produce the working environment that matters.

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

Sustainability pioneer’s advice on meaningful reporting

A report is the means to share data and support decision-making. Reporting influences stakeholders, and increasingly shareholders’ perceptions. Hence, transparency in reporting is crucial for a company to earn stakeholders’ trust and reputation. To prepare ESG (Environmental, Social, Governance), sustainability, as well as CSR (Corporate Social Responsibility) reports, companies recognise the central role materiality plays. The definitions of materiality are evolving. Significant resources deliver to use; large chunks of data to adapt the context to the definitions set by the reporting authorities, to channel the corporate message. The CEO and top leadership allocate resources to the reporting tasks and, by approving the final document before publication. The top management teams held both publicly and internally accountable for the content. The report identifies the unique story of the company.  The report content is the foundation from which the core message arises and for which the reporting team is responsible for delivering.

The founder of ESG Matters, Dr. Glenn Frommer, is our bearded grandpa of sustainability. His life experience and caring character have earned him this familial title. As the sustainability pioneer, he had partaken in setting up standards such as GRI G4 Reporting Guideline, the AccountAbility 1000AP Standard, and Reporting 3.0. How did he go from being an aerospace student to a sustainability pioneer? What does he think about the difficult part of setting up standards for reporting? Let’s find out more about his journey!

Photo above: Dr. Frommer from ESG Matters

Q1: Hello! Dr. Frommer, I have heard your team call you grandpa. How did you get this title?

A: My sustainability history with my long flurry beard earns me the grandpa’s name of sustainability. I was working on the noise propagation study in the before-computer era in the 70s. It is hard for my young team to imagine all data reduction, slopes, and plotting done by hand calculation. At that time, It took me one year to map one million points on graph paper.

Since then, I have put my effort into NASA’s Multiple Independent Reentry Vehicles (MIRV) program and NYU medical school pulmonary testing, applying fluid mechanics to breathing. I began my Ph.D. at Stanford University in California in 1973, looking at how the cochlear transformed acoustical signals into electrical ones and how the brain uses the information. Complexity and cutting-edge stuff put me onto the idea of working in a societal area.

My working profile of over twenty-two years in Mass Transit Railway (MTR) consolidated my academic knowledge and my work experiences into sustainability. That is why I got the title of the grandpa of sustainability.

Q2: How had you moved from your aerospace academic background to the sustainability field? Do you see your staying in Hong Kong as one of the turning points?

A: Since my move to Hong Kong in August 1992, I have rooted my ESG matters in this place with no question.

Independence at my young age did an excellent job for me, especially when I started to work on my own as an Environmental Manager in the Projects Division in MTR. Engaging in the project of the longest road in the world and rail suspension bridge and associated rolling stock, I was there to ensure the success of the Lantau and Airport Railway (LAR). The success in terms of my then-position meant zero environmental impacts raised from the LAR projects, having no harm to human lives and biodiversity around the site.

The year 2013 was the turning point of my life – retiring from the position as Head of Sustainability from MTR. I have been talking about sustainability for over twenty-two years. After my retirement, how could I sustain my advisory work and further develop from my experience to my goal of working in a societal area?

In 2014, I founded ESG Matters Limited.

I have never stopped learning, from my academics, from my career, from my life. I have comprehended well about learning during my time in Hong Kong. Hong Kong has an exceptional culture of learning, and we can build on that for sustainable development. We are all far behind what we need to achieve. There are almost no countries capable of providing a sustainable lifestyle with regenerating natural resources for our future generations. The current Covid-19 event is just the first test. Climate change is not far behind; after that, the biodiversity will collapse. There is so much to do and not much time to do it in.

Q3: What is ESG Matters? More than a company name, what do ESG Matters mean to you?

A: Environment, Social, and Governance (ESG) matters to our society, our employees, our government, and our investors. ESG is the entire spectrum of environmental and social issues that make our organizations accountable while seeking continual improvement. The establishment of ESG Matters Limited hits right on the rising need for ESG. More than advisories, our team shapes ESG Matters with a commitment to accelerate the pace of ESG through technology. That is our flagship ESG Dashboard.

I am very fortunate to be associated with a young, intelligent, and dedicated team at ESG Matters. Our team has so much to encounter. I am confident that our team will commit to technological progress in the ESG sector.

Q4: As our grandpa, what advice would you like to give to the rising leaders who engage themselves in the sustainability field, in an attempt to develop the practices for their corporation?

A: I am pleased that I have got a chance to set up standards such as GRI G4 Reporting Guideline, the AccountAbility 1000AP Standard, and Reporting 3.0. Setting standards is not difficult. The most challenging part is how to apply these standards to real cases. Questions that we will need to ask are: how and what you would measure, how to compute the numbers, how you record, what you would use to compare the result, how you would use the numbers to reduce the impacts to the acceptable level. These are not easy tasks. The key is to develop the process, implement the systems, and get others to recognize the benefits of doing so.

The development is ever-changing, and big corporations are starting to pay more attention to ESG topics, whether for reputation, ESG reporting, commercial purposes. Leaders will need to focus on the areas which are beneficial to employees and organizations concurrently. When CSR is the initiative, ESG factors revealing the performance in the report. It is necessary to develop productive skills, competencies, and habits through continual learning to the ESG factors to confront the evolving world.

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

Technology inspired by ESG

It is not hard to see organizations taking International days as one of the topics for communications on social media with their audience. International Women’s Day, World Environmental Day, World Oceans Day are just a few of the examples. When we are looking into the meaning of these International days, they are addressing the area of ESG – Environmental, Social, and Governance.

Photo above: International day promotion (https://www.linkedin.com/feed/update/urn:li:activity:6765090475234996224)

ESG is said to be an issue that countries must concern about. United Nations’ Paris Agreement, Sustainable Development Goals set out to urge countries to action and to put effort into raising awareness. For traditional businesses, it is time to rethink their business and management approach; for listed companies, green financing and listing rules would be the points for them to repurpose their strategies. For Start-ups, ESG is a business opportunity.

Photo above: ESG development in the city 

The year 2021 has arrived. Reviewing the past, the year 2020 in Hong Kong is challenging, politically, socially, and economically. Still, the Year 2020 is the Hong Kong Exchange’s 20th Anniversary—Hong Kong’s ESG reporting reaches another milestone this year. After July 1st, 2020, the ESG Guide and related Listing Rules will be enhanced, with some changes being introduced. Two key differences are the amendment of the “Environmental” key performance indicators (KPIs) to require disclosure of relevant targets and the disclosure obligation of all “Social” KPIs to “comply or explain”.

What does it mean? Companies are now required to set the aims of their actions relating to the environmental aspect. “Comply or explain” rules the governance of the companies to address the social issues. Such rules upgrade directs the companies to necessarily care about ESG matter. At operation level, ESG data has to be authentically and recorded and provided for reporting, to communicate with the Investors about how the companies are doing.  

This underlies a business opportunity – ESG data will be stored and reported in a digital format, available for upload and download. This gives rise to an ESG Dashboard – to incorporate the ESG integration and help the listed companies to identify potential process across all ESG activities that can result in long-term value creation. Start-ups become part of the ESG development in igniting the technological change of organizations and societies to empower businesses and individuals to create sustainable positive change. ESG Dashboard is developed to assist listed companies with ESG reporting and risk management.

Photo above: ESG Dashboard

ESG Dashboard streamlines the collection of relevant data and information from the issuer’s business operations, enabling listed companies to monitor their ESG reporting progress. ESG Dashboard converts mass data into presentable environmental and social data which helps with the fulfillment of the requirements. All of these features make ESG Dashboard the indispensable ESG reporting tool.

What do we see for the future after all? Technology improves communication, accelerates the pace of green finance and ESG development, to boost sustainability for business and society as a whole.

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

What is your sustainability calendar this year?

What is your sustainability calendar this year?

A year’s plan starts with spring—plan to achieve your environmental goal and sustainability target this year. What is your sustainability calendar this year? You may begin to follow the United Nations’ Sustainable Development Goals calendar as your guideline to practice sustainability. Download now.

Remarks: The following calendar is with the bank holidays of England.

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

Global Real Estate Sustainability Benchmark

GRES 101 – Essential things you need to know about GRES B assessment and reporting.

What is GRESB? GRES B was formerly known as the “Global Real Estate Sustainability Benchmark.” Because when it was launched in 2009, its focus was on the real estate sector.

Photo above: What is GRESB? (https://gresb.com)

But now that they cover real assets, including infrastructure, their name is simply “GRES B,” and they no longer break down the letters into words.
GRES B is a mission-driven and investor-led organization providing standardized and validated Environmental, Social and Governance, or ESG data to the capital markets.

Established in 2009, GRES B has become the leading ESG benchmark for real estate and infrastructure investments across the world. The 2020 real estate benchmark covers more than 1,200 property companies, real estate investment trusts or REITs, funds, and developers.

Their coverage for infrastructure includes more than 540 infrastructure funds and assets. Combined, GRES B represents the US $5.3 trillion in real asset value.

The reported ESG data is used by more than 100 institutional and financial investors. To monitor investments across portfolios and understand the opportunities, risks, and choices that need to be made. As the industry transitions to a more sustainable future.

What is a GRES B assessment? And who is it for? GRES B assesses and benchmarks the ESG performance of real assets, providing standardized and validated data to the capital markets.

GRES B Assessments capture information on ESG performance, and sustainability best practices, for real estate and infrastructure companies, funds, and assets worldwide.

The Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of real asset investments and are aligned with international reporting frameworks, such as GRI, PRI, SAS B, DJSI, TCFD recommendations, the Paris Climate Agreement, UN SDGs, region and country-specific disclosure guidelines.

Each year reporting to the GRES B Assessments generates four ESG benchmarks for the industry. Real Estate Benchmark, Real Estate Development Benchmark, Infrastructure Fund Benchmark, and Infrastructure Asset Benchmark.

Assessment participants receive comparative business intelligence on where they stand against their peers, a roadmap with the actions they can take to improve their ESG performance, and a communication platform to engage with investors.

Investors use the ESG data and GRES B’s analytical tools to monitor their investments, engage with their managers and make decisions that lead to a more sustainable and resilient real asset industry.

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)

Fund for green R&D

How to start a green tech business?

Are you R&D – research and development – people?

Are you thinking of starting up a green tech business in Hong Kong? Do you want to know the priority themes of the HK$200 million Green Tech Fund? Stay tuned.

Getting funding is always vital for startups. If you plan to start up a business in Hong Kong in one of the following five areas, you may consider applying for the Green Tech Fund.

Area one, Decarbonisation and Energy Saving.
In this area, the key priority themes are Renewable Energy, Energy Efficiency and Conservation, Carbon Removal Technologies, and, Hydrogen Economy.

Area two, Green Transport.
In this area, the key priority themes are Promotion of Electric Vehicles and, Giving Second Life to E V Batteries.

Area 3, Waste Management.
In this area, the key priority themes are Plastics Challenge, Facilitating the development of circular economy, Applications of recycled materials from existing and potential Producer Responsibility Schemes in the local context, and technology advancement to increase the efficiency and carbon reduction of the collection and recycling for our recyclables. Reuse &; Recycling of Waste Electrical and Electronic Equipment. Also, Recycling and Treatment of Non-inert Construction Waste Leachate Treatment and Municipal Solid Waste Charging are included.

Area 4, Air Quality.
In this area, the key priority theme is the Monitoring of Air Quality.

Area 5, Water Quality.
In this area, the key priority themes are Mitigation of odour from polluted water channels and near-shore waters, Monitoring and interception of microplastics from emission sources, Remote sensing applications for remediating marine environmental incidents, and, Application of eco-shoreline for enhancing biodiversity and improving water quality.

The local government has set up a HK$200 million Green Tech Fund to fund research and development projects which help Hong Kong decarbonise and enhance environmental protection. Local public research institutions, R&D centres, and private companies undertaking these projects can now get better and more focused funding support. GTF funding support ranges from HK$2.5 million up to HK$30 million per project.

Photo above: Green Tech Fund (https://www.gtf.gov.hk/en/index.html)

By: ANewR Consulting Limited, a digital environmental consultant headquartered in Hong Kong since 2008. Our expertise has grown into the context of air and water qualities, noise, green building, waste management, and remediation. With extensive know-how in environmental planning and assessment, feasibility study and policy review, ecological design, monitoring, and audit (EM&A), ANewR has matured to be a leading management consultancy. Standing in the digital transformation reign, ANewR has participated in various environmental digital projects – interactive 3D visualisation, immersive automation virtual environment, Virtual reality, automation system, and monitoring platforms.
(Website: https://anewr.com, LinkedIn: ANewR Consulting Group, YouTube: https://www.youtube.com/channel/UCnpvmxnR9hbNxytSfBdfV8Q/videos)