ReThink Forum
ReThink Forum
Day 1 – Thursday 10 Sept
The Day 1 programme examines how Hong Kong can navigate the transition from climate ambition to delivery, focusing on the systems, capital and infrastructure required to meet its 2035 and 2050 targets. Participants will explore how geopolitics, energy demand and emissions performance are reshaping risk, investment and competitiveness across the city. Through case studies and practical insights, the programme highlights how policymakers, corporates and investors can accelerate decarbonisation, retrofit the built environment, and integrate biodiversity and workforce readiness into long-term transition strategies.
10:20 – 11:10
As global sustainability enters a volatile new era, the language of “ESG” is being replaced by the hard reality of “Systems Change.” This session examines how Hong Kong can maintain its green momentum amidst shifting global trade dynamics, geopolitical tensions, and the urgent need for a new economic vocabulary. Participants will explore how to move beyond fragmented reporting to achieve the deep, structural shifts required in energy, finance, and supply chains. The discussion focuses on how Hong Kong businesses can insulate their sustainability strategies from political volatility and use systems thinking to drive radical collaboration. By addressing the “momentum gap,” this panel provides a roadmap for leaders to stay the course on long-term climate goals while navigating a complex, fast-changing global environment.
Session Learnings:
- Understand how global geopolitical shifts and trade policies are redefining local sustainability priorities.
- Identify the “systems change” levers required to move beyond incremental gains toward radical decarbonisation.
- Explore new ways of communicating impact that resonate in a more sceptical and pragmatic global market.
Post-Event Actions:
- Review sustainability strategies through a geopolitical risk lens to ensure long-term resilience.
- Audit internal “systems” to identify where siloed thinking is blocking large-scale carbon reduction.
- Refine corporate sustainability messaging to align with the evolving language of global value and transition.
11:20 – 12:10
Hong Kong enters a decisive phase of its climate transition as 2026–2030 becomes the period where long-announced targets must translate into demonstrable progress. This session examines how government, utilities, developers, transport operators and financial institutions can accelerate practical decarbonisation across buildings, mobility and energy systems. With interim 2035 milestones approaching, participants will explore the structural barriers slowing implementation, the influence of regional GBA alignment, and the evolving regulatory expectations shaping investment and operational decisions. The discussion focuses on moving from pledges toward coordinated, system-level execution that meaningfully reduces emissions across the real economy.
Session Learnings:
- Understand key enablers for achieving Hong Kong’s 2035 and 2050 climate commitments.
- Identify where implementation gaps persist across buildings, transport and energy systems.
- Explore regional and regulatory drivers influencing transition investment.
Post-Event Actions:
- Conduct internal readiness assessments against 2035 milestones.
- Align decarbonisation workstreams with forthcoming regulatory and reporting changes.
- Initiate cross-departmental planning to integrate transition actions into core operations.
12:10 – 13:00
Carbon performance is rapidly shifting from a reporting obligation to a determinant of cost of capital, resilience and long-term competitiveness. With global disclosure standards tightening and investors prioritising verifiable emissions data, Hong Kong businesses face growing pressure to treat carbon as a strategic financial variable. This session explores how organisations can embed carbon into investment planning, risk assessment, asset valuation and procurement decisions. Panellists will discuss the expanding role of transition finance, the rise of digital emissions measurement, and how Hong Kong’s financial ecosystem is reshaping expectations around climate-aligned business models.
Session Learnings:
- Recognise carbon as a value-linked financial metric.
- Understand financing mechanisms influencing carbon-intensive sectors.
- Identify data systems required for reliable emissions performance.
Post-Event Actions:
- Integrate carbon considerations into capital planning.
- Strengthen internal controls for emissions measurement.
- Engage financiers on transition-aligned funding options.
13:45 – 14:35
Hong Kong’s aging building stock represents one of the city’s largest decarbonisation challenges—and opportunities. This session examines how developers, asset owners, engineers and technology providers can accelerate deep retrofit deployment across commercial, residential and mixed-use buildings. With embodied-carbon expectations rising and electrification demands increasing, the conversation will cover new materials, digital performance optimisation, and financing mechanisms supporting high-impact building upgrades. Participants will also explore how cross-sector collaboration can address landlord–tenant split incentives and deliver meaningful energy savings within dense, high-usage districts.
Session Learnings:
- Understand pathways for scaling deep retrofits in high-density environments.
- Explore technologies improving building energy performance.
- Identify financing solutions for large-scale retrofit programmes.
Post-Event Actions:
- Conduct building-level retrofit opportunity assessments.
- Engage landlords/tenants in shared-savings models.
- Prioritise electrification-ready upgrades in asset planning.
15:15 – 16:05
AI adoption and the rapid expansion of data-centre infrastructure are poised to become Hong Kong’s largest new source of electricity demand. With compute-intensive workloads driving multi-gigawatt requirements across major markets globally, Hong Kong must reconcile digital-economy growth with the city’s 2035 and 2050 decarbonisation commitments. This session examines the real-economy implications: grid capacity constraints, land and power availability, clean-energy sourcing, regional import dependencies, and the role of efficiency and next-generation cooling technologies. Speakers will explore whether Hong Kong can scale digital infrastructure without compromising its climate trajectory and what policy, investment and governance changes are required.
Session Learnings:
- Understand projected AI/data-centre energy demand and grid impacts in Hong Kong.
- Assess infrastructure and clean-energy requirements for sustainable digital-economy growth.
- Explore regulatory, planning and efficiency pathways that maintain climate-target alignment.
Post-Event Actions:
- Engage utilities on long-term capacity and clean-power sourcing needs.
- Incorporate digital-infrastructure energy scenarios into corporate transition plans.
- Review opportunities for high-efficiency cooling, design optimisation and on-site generation.
16:05 – 16:55
Nature-positive development is becoming essential for Hong Kong as extreme heat, storm surges and biodiversity loss intensify. This session examines how businesses, planners and asset owners can incorporate blue-green infrastructure, urban greening, biodiversity restoration and nature-based solutions into long-term strategies. Panellists will explore regulatory trends, ecosystem-service valuation, and opportunities for corporate investment in urban resilience. The conversation highlights how integrating nature into urban systems can reduce risk, enhance wellbeing, and complement carbon-reduction efforts across the city.
Session Learnings:
- Understand nature-positive strategies relevant to dense urban environments.
- Identify resilience benefits from integrating blue-green solutions.
- Recognise business value from biodiversity-aligned planning.
Post-Event Actions:
- Incorporate nature-positive metrics into sustainability reporting.
- Assess assets for blue/green enhancement opportunities.
- Engage with local partners to support ecosystem restoration initiatives.
16:55 – 17:45
Hong Kong has developed a deep and well-rounded pool of climate capability, spanning finance, engineering, infrastructure delivery, energy systems, carbon management and professional services. Through its own transition journey, the city has built practical experience in planning, financing and delivering low carbon solutions in a dense, complex urban environment.
The question now is how to better mobilise that talent and experience to support climate delivery beyond its own boundaries. This session will explore how Hong Kong can build on its existing achievements to play a more influential role in climate delivery across East Asia and the Global South, where the scale and urgency of transition demand not just ambition, but execution.
The discussion will also highlight one of Hong Kong’s core advantages: its ability to bridge Eastern and Western standards, systems and market expectations. For business leaders, this creates both commercial opportunity and a wider strategic role in supporting Asia’s low-carbon transition.
Session Learnings:
- Understand how Hong Kong’s existing achievements across engineering, infrastructure, finance and professional services provide a strong foundation for contributing to climate delivery beyond the city.
- Recognise that Hong Kong’s value lies not only in its own transition progress, but also in its ability to connect talent, capital and expertise to wider regional needs.
- Explore how integrating technical, infrastructure and financial capabilities can accelerate practical, on-the-ground climate implementation.
- Examine how Hong Kong’s role in bridging Eastern and Western standards, systems and market expectations can create practical advantages for business and implementation.
- Gain a clearer view of how business leaders can step up Hong Kong’s role from successful local transition to regional and global climate impact.
Post Event Actions:
- Reflect on how their organisation can build on Hong Kong’s existing climate strengths to capture new opportunities across Asia.
- Identify ways to connect their expertise in engineering, infrastructure, energy, carbon management or finance to regional climate delivery needs.
- Explore new partnerships that position Hong Kong-based businesses and professionals as enablers of climate implementation and scaling.
- Consider how Hong Kong’s established strengths and East–West bridging role can support business growth, collaboration and market access.
- Take forward practical conversations within their organisation on how to position Hong Kong-based talent and platforms as contributors to regional and global climate action.
Day 2 – Friday 11 Sept
The Day 2 programme examines how Hong Kong can align with national priorities and translate policy into execution, positioning itself at the centre of Asia’s transition economy. Participants will explore the financial, regulatory and market mechanisms required to mobilise capital, scale transition finance and support cross-border collaboration within the Greater Bay Area. Through case studies and practical insights, the programme highlights how organisations can move beyond frameworks to create markets, export green technologies across the region, and embed governance structures that enable credible, long-term net-zero delivery.
In partnership with
Division of Environment and Sustainability, HKUST
Established in 2010, ENVR is a global leader in interdisciplinary education & research in environment and sustainability, fostering sustainability professionals to address complex environmental challenges across scientific, societal, regulatory, & business issues. ENVR also serves as an intellectual hub linking academia, government, business & community leaders to advance sustainability solutions.
Our sustainability goals for 2026:
UN SDG goals that we align with:
- SDG 1 No Poverty
- SDG 3 Good Health and Well-being
- SDG 4 Quality Education
- SDG 7 Affordable and Clean Energy
- SDG 8 Decent Work and Economic Growth
- SDG 11 Sustainable Cities and Communities
- SDG 12 Responsible Consumption and Production
- SDG 13 Climate Action
General Enquiry Email Address: envr@ust.hk
General Enquiry Phone Number: 23588363
11:10 – 12:00
With the national 15th Five-Year Plan setting direction on energy transition, carbon reduction, and industrial transformation, and Hong Kong preparing its first Five-Year Plan, the key question is how ambition translates into delivery. This session explores how Hong Kong can align with national priorities while leveraging its strengths as an international financial, trade, maritime and aviation hub and to mobilise capital, support transition investments, and accelerate implementation across the Greater Bay Area and beyond.
Session Learnings:
How national priorities can inform Hong Kong’s emerging Five-Year Plan in practical, actionable ways
Post-Event Actions:
- Where Hong Kong can play a distinctive role in supporting national transition goals
- How public and private sectors can better align to enable implementation
- Identify the conditions needed to mobilise capital at scale
13:45 – 14:35
This session focuses on how financial institutions and corporates can move from frameworks to capital deployment by examining the current state of transition plans and their implementation, using real case studies. Speakers will share practical tools, data and disclosure strategies available to close the gap between pure green finance and high-emitting sectors
Session Learnings:
- Understanding of the various transition-related instruments currently used in the market, the standards and frameworks available, setting credible KPIs, and pricing risk for high-emitting sectors.
- Practical ways to align incentives across stakeholders: borrowers, lenders, regulators, and investors, while avoiding greenwashing through robust data, disclosures, and verification.
- What actually unlocks capital at scale, using real case examples, including common pitfalls, opportunities of taking action now, and how leading institutions move from plans to funded transactions.
Post-Event Actions:
- Identify a potential transition opportunity in your portfolio and map out a structure (instrument, KPIs, stakeholders, and timeline).
- Apply a disclosure and data framework to strengthen credibility; define metrics, reporting processes, and verification steps for a live or upcoming transaction.
- Initiate discussion, capacity building and internal alignment (e.g. risk, sustainability, and business teams) on transition-related business strategy and opportunity.
Supported by
Hong Kong Green Finance Association
Founded in September 2018, Hong Kong Green Finance Association (HKGFA) creates a platform that offers channels and opportunities to facilitate the development of green finance and sustainable investments in Hong Kong and beyond. It aims to mobilize both public and private sectors resources and talents in developing green finance policies, to promote green finance business and product innovation.
Our organisation’s sustainability goals for 2025
HKGFA’s key activities are organised through five working groups, namely Banking – Financing the Transition, Product Innovation and Solutions, Sustainability-related Disclosures, Policy and Standards, Greater Bay Area Green Finance Alliance, and Real Estate. Currently, the Association has over 160 members that include but are not limited to financial institutions, companies, market service providers and other key stakeholders.
Meet our 2025 speakers:
14:35 – 15:25
As the Greater Bay Area and Mainland China scale clean technologies across energy, mobility, and infrastructure, a new opportunity is emerging: to take these solutions beyond domestic deployment into regional markets. This session explores how Hong Kong can move beyond its traditional “super-connector” role to enable the cross-border scaling of green technologies, linking innovation, capital, and markets across the Asia-Pacific region.
Session Learnings:
How Hong Kong can support the regional scaling of GBA/China-driven green innovation
Post-Event Action:
- Where the GBA/China is developing scalable green technologies
- How Hong Kong can facilitate cross-border deployment into APAC markets
- The role of finance, trade, and partnerships in accelerating adoption
- What it takes to position Hong Kong as a platform for regional scaling
15:25 – 16:15
As climate commitments mature, governance is becoming the critical link between ambition and delivery. Yet a persistent gap remains between high-level commitments and what happens in government, corporate boardrooms, and important institutions. Governance impacts how decisions are made, who is accountable, how different actors are coordinated, and how progress is tracked over time. It shapes whether strategies translate into consistent, credible action. This session explores how climate governance is evolving across both the public and private sectors. Bringing together diverse perspectives, it focuses on how decisions are made in practice, how trade-offs are managed, and what is needed to embed climate considerations into real-world strategies and operations.
Session Learnings:
How climate governance is shifting from commitments, coordination and disclosure toward decision-making and accountability
Post-Event Actions:
- How governance expectations are evolving across public and private sectors
- The role of leadership and institutions in translating ambition into action
- How organisations navigate trade-offs between short-term pressures and long-term transition goals
- What enabling conditions – policy, market, or organisational – support effective implementation
All sessions are subject to change.