Supply Chains & Logistics Stage

The Role of Ethics in Modern Procurement Strategies

11 Sep (Thur) Day 1 : 14:40 – 15:20

Ethics in procurement has become more critical than ever due to evolving global challenges and heightened scrutiny on corporate social responsibility. Companies are under pressure to meet the increasing ESG standards in their own operations and value chain activities. Procurement is under the dilemmas in making the balance between responsible sourcing and cost efficiency, especially under the current geopolitical and economic uncertainty.
This session will discuss the latest challenges in procurement including ethical sourcing, supply risks, ESG expectations, Scope 3 emission reduction, ethical implications under the geopolitical and economic uncertainty. How could procurement meet these challenges? Is there any opportunity for procurement to explore like adoption of AI?

Learnings

  • What are the emerging challenges and risks in modern procurement?
  • How can ethical procurement increase the competitive advantage of companies?
  • How can procurement balance the profitability and ethical responsibility?
  • How would the latest technology help procurement to meet those ethical responsibilities?

Post-Event Actions

  • To keep update on the ESG related requirements on supply chain management.
  • To explore the adoption of AI in making ethical procurement decisions.
  • To incorporate the sustainable and social responsible criteria in your procurement management.

Speakers

Wendy Chan

The Institute of Purchasing & Supply of Hong Kong

Chairlady – Activities & Events Committee

Wendy currently serves as the Chairlady of the Activities & Events Committee for the Institute of Purchasing & Supply of Hong Kong, where she is dedicated to promoting professionalism and encouraging the advancement of best practices in the purchasing and supply chain fields. During her tenure at CLP Power Hong Kong Limited, she contributed to the development and implementation of a sustainable procurement policy. She established a supply chain sustainability program that focused on risk assessment, capability building, and supplier due diligence.

Before her role at CLP, Wendy led procurement operations at ExxonMobil Hong Kong Limited, focusing on the Asia Pacific fuels and lubricants sectors. She specialised in formulating cross-regional sourcing strategies and implementing low-cost sourcing initiatives, aiming to enhance the efficiencies of supply chain operations.

Clement Chung

CLP Holdings Limited

Principal Manager – Commercial & Supply Chain

As the Principal Manager of Procurement & Supply Chain at CLP Holdings Limited, Clement is responsible for overseeing and implementing CLP’s Group Procurement Standard, in collaboration with leaders of Procurement functions across different regions of the CLP Group, including Hong Kong, China, Australia, and India; also, he undertakes commercial reviews of all major investment projects within these regions. Besides, Clement serves as the Chairman of the Professional Development Committee of the Hong Kong Branch of The Chartered Institute of Procurement & Supply (CIPS). Previously, he was the Principal Manager of Procurement (Power Transmission & Distribution) at CLP Power Hong Kong Limited, where he managed end-to-end procurement processes for categories related to power transmission and distribution equipment and related engineering services. Prior to joining CLP, Clement worked as a consultant at several multinational companies such as Hewlett-Packard, Accenture, and Ariba (formerly FreeMarkets), providing project management and consultancy services in the fields of IT and Procurement.

Clement has an MBA from INSEAD, an M.Sc. in Finance from CUHK, an M.Sc.(Eng.) in Electrical & Electronic Engineering from HKU, and a B.Sc.(Hons.) in Computer Science from HKU. He holds professional qualifications of MCIPS (Chartered Status) and MIET (Member of The Institution of Engineering & Technology).

Kirk Lui

Regal Hotels International Limited

Group Assistant Director of Purchasing

With a career spanning over two decades in purchasing and procurement, including 9 years in hospitality sector, Kirk works as the Head of Group Purchasing for the Regal Hotels. He is a co-opt. member of Institute of Purchasing and Supply of Hong Kong.

Kirk specializes in developing strategic sourcing initiatives that emphasize sustainability, transparency, and ethical sourcing practices. His expertise includes supplier risk assessment, compliance management, and implementing code of conduct frameworks.

Kirk has contributed on integrating ethics into procurement strategies, balancing cost-efficiency with ethical integrity. He is committed to promoting integrity and accountability in all procurement activities, ensuring that ethical considerations are at the forefront of decision-making processes.

Alexandra Rieger

Cascale

Senior Director, Manufacturer Membership

Alexandra is the Senior Director – Manufacturer Membership at Cascale. She is responsible for all aspects of Cascale’s manufacturer member engagement and impact. This includes supporting, servicing, and optimizing the manufacturers membership experience.

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