Supply chains are critical aspects of every business, and major contributors to environmental degradation and social inequality. There is a big disconnect between supply chain finance and sustainability, as many value chain processes are driven by the goal to maximize profits. Scope 3 emissions are often overlooked due to its indirectness to the business and lack of measuring parameters available. By integrating sustainable practices into supply chain finance, companies can support their sustainability goals, reduce risks, and build resilience across their supply chains.
In this panel, experts will discuss the future of sustainable supply chain finance, including emerging trends and opportunities for further innovations. The importance of stakeholder engagement and collaboration in promoting sustainable supply chain finance will be explored as well.
Learnings
Post-event Actions
Moderator
Tiffany Chow
Manager, Corporate Communications
Manager, Corporate Communications
Tiffany covers Corporate Communications at Carter Industrial Company, a leading synthetic leather manufacturer. With a strong background in banking from institutions such as UBS, MUFG, and Morgan Stanley, Tiffany brings valuable expertise in finance and management to her current role.
Driven by her passion for sustainability, Tiffany has shifted her focus to driving change in the emerging field of sustainable supply chain finance. Drawing on her comprehensive understanding of financial strategies and sustainability practices, she is dedicated to bridging the gap between traditional finance and sustainable initiatives.
Tiffany holds a Bachelor of Commerce degree from the University of Melbourne and is committed to promoting innovative solutions that foster collaboration and create a positive environmental impact within the industry. With her expertise, she aims to drive meaningful transformations and contribute to a more sustainable future.
My Sustainability Goals for 2023:
Tiffany’s sustainability goals for 2023-2024 are to promote sustainable practices in supply chain finance, drive awareness about environmental impact, and foster collaborations for a greener future.
Abhishek Chopra
Managing Director & Regional Head – Solution Structuring, Global Trade & Receivable Finance
Managing Director & Regional Head – Solution Structuring, Global Trade & Receivable Finance
Abhishek is a commerce graduate with an MBA from a premier B school in India. He has 20+ years of banking experience across India, UK and Hong Kong. For the last 5 years, he has been leading the Structured Trade business for GTRF in Asia developing innovative solutions for working capital efficiencies, in addition to heading the sustainability efforts for the business.
Jason Ho
Vice President, Electrical
Vice President, Electrical
Jason has some 20 years of experience in the Assurance, Testing, Inspection and Certification industry. He has extensive experience in leading the team to develop new services for serving the industries ranging from electronic, wireless to textile and apparel. He has also been managing projects relating to robotic, cybersecurity and smart clothing. He works closely with customers and industry stakeholders to provide Total Quality Assurance solutions for adding value to their R&D process and supply chains.
Jason received his MBA from the Chinese University of Hong Kong and Bachelor of Science Applied Chemistry (major in environmental study) from the City University of Hong Kong. Besides, he attended an executive training program Management of Technology Program in Haas School of Business, University of California Berkeley, USA. He is an Executive Committee Member of The Hong Kong Electronic Industries Association Limited (HKEIA).
Diana Parusheva
Head of Public Policy and Sustainable Finance
Head of Public Policy and Sustainable Finance
Diana has over 20 years’ of experience across various countries, industries and sectors. Started as a lawyer working for private banks and for the financial sector regulator and then transitioned to specialize in European and Chinese decarbonisation policies and sustainable finance. Experienced public speaker and contributing to open or subscription-based policy and macroeconomic forecasting platforms.
Ben Wong
General Manager – Technology Innovation
General Manager – Technology Innovation
As the General Manager of Technology & Innovation, Ben manages and drives New World Development’s open innovation platform and proptech strategy that empowers technology startups to co-create within the group’s ecosystem of culture, creativity, and innovation. In addition, Ben oversees early-stage investments and venture build exercises.
Ben launched Impact Kommons, the first UN SDG accelerator in APAC focused on accelerating impact with purpose-driven startups, and the GBA Accelerator, a supply chain, logistics, and robotics startup accelerator designed to help companies scale across the Greater Bay Area.
Ben founded Startup Launchpad, now Asia’s largest I.o.T. startup trade event. He has helped startups raise more than $2 million on Kickstarter and Indiegogo. He is an angel investor and regularly mentors in startup support programs.
The American Chamber of Commerce in Hong Kong (AmCham HK) is one of the largest international chambers in Hong Kong and one of the most dynamic and influential international business organizations in the Asia-Pacific region.
AmCham endeavors to help members navigate the complex local and global sustainability trends, identify responsible business opportunities and promote corporate citizenship among the Hong Kong business community.
Headline Sponsor for the Sustainable Finance & Supply Chains Theatre
Programme Sponsor for Rethinking Retail
(Day 2 of the BEC Circular Transition Theatre)
The Hongkong and Shanghai Banking Corporation Limited is the founding member of the HSBC Group. HSBC serves customers worldwide from offices in 64 countries and territories in its geographical regions: Europe, Asia, North America, Latin America, and Middle East and North Africa. With assets of $2,990bn at 31 March 2023, HSBC is one of the world’s largest banking and financial services organisations.
Our purpose – Opening up a world of opportunity – explains why we exist. We’re here to use our unique expertise, capabilities, breadth and perspectives to open up new kinds of opportunity for our customers. We’re bringing together the people, ideas and capital that nurture progress and growth, helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.
Our sustainability goals for 2023:
“We’re focused on helping to deliver a net zero global economy. It’s a pillar of our strategy as a business.”
We aim to achieve net zero in our operations and supply chain by 2030 and in our financing portfolio by 2050. Between now and then, we’re working with our clients to help them reduce their emissions and scale up low-carbon solutions, as we work to reduce our own. This will be a change over time, as businesses and economies progressively move away from high-carbon activities. In addition, we’re providing finance to accelerate climate change solutions and building global partnerships to help channel investment swiftly towards sustainable projects.
As we transform our own operations and supply chain to net zero by 2030 or sooner, we’re asking our suppliers to do the same. We will align our financed emissions – the emissions produced by the customers and projects we finance – to net zero by 2050 or sooner.
We’re setting 2030 targets for emissions reduction in different sectors, focusing on the heaviest emitters first. Our targets include a commitment to phase down our fossil fuel financing in line with what’s needed to achieve net zero by 2050. In the meantime, we continue to support energy clients that take an active role in the energy transition, helping to finance and invest in the technologies and infrastructure needed to succeed. We engage closely with our clients on their transition plans, which helps us to track our own progress towards net zero by 2050.
Solutions Showcase:
UN SDG goals that we align with:
Legal Name: The Hongkong and Shanghai Banking Corporation Limited
Intertek Hong Kong was established in 1973, offering testing services to its first customers in the textiles and apparel category, then one of Hong Kong’s pillar industries. It soon expanded its services to include toys, footwear and electrical products. With more than 45 years of testing, inspection and certification experience, Intertek is now one of the largest laboratories in Hong Kong, possessing state-of-art equipment and in-depth knowledge and experience across a wide array of sectors. Intertek Hong Kong, as the Centre of New Technology and Knowledge, employs more than 1,600 staff, including scientists, engineers, and technicians, and provides comprehensive quality solutions to leading global and local companies matched by superior customer service for continuous business success.
Our sustainability goals for 2023:
Solutions Showcase:
UN SDG goals that we align with:
Legal Name: Intertek Testing Services Hong Kong Limited
General Enquiry Email Address: hkg.marketing@intertek.com
General Enquiry Phone Number: 30082099