ReThink Forum

From Targets to Delivery: Can Hong Kong Accelerate Progress Toward its 2035 and 2050 Climate Commitments?

10 Sep (Thur) Day 1 : 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.

Speakers

Dr. Mark Hinnells

Susenco Consulting

Director

Dr Mark Hinnells has been working in sustainability for 34 years. He has helped the UK and the European Union introduce a range of policy to reduce carbon emissions, including energy labels and minimum standards for household appliances, since copied worldwide; he helped design a UK carbon tax and audit regime; and has managed major investment programmes in energy efficiency. He has helped large sites like airports target net zero. He has developed and sold solar and wind farms to major investment funds. He has taught business, energy and climate change, at Master’s Degree level, at three universities including Chinese University of Hong Kong. He has drafted a white Paper for Civic Exchange on the Hong Kong Climate Action Plan, in advance of its revision in 2026. He has written a book, ‘How Green is your Pension?’ and runs a podcast called ‘How green is your money?’. He now consults for customers in the UK, the Middle East and across Asia.

My Sustainability Goals for 2026:

  • Influence the Hong Kong Climate Action Plan to deliver on Paris
  • Enable Hong Kong to be part of an international carbon market
  • Work with pension providers to refocus the 65 trillion USD invested in pensions globally towards Paris compliance

Nate Aden

Science Based Targets initiative (SBTi)

Head of Asia; Head of Financial Standards

Nate Aden is Head of Asia and Head of Financial Institutions at the Science Based Targets initiative (SBTi). As a staff member with the World Resources Institute, Nate co-founded the SBTi in 2015. Over the years, he has contributed to the technical development of the initiative including leading standard development for financial institutions and the chemicals sector development. Nate has over 20 years of experience in industry, energy, trade, and climate across China, the U.S., and Europe, and holds a PhD from UC Berkeley, with degrees from Stanford and Cornell.

My Sustainability Goals for 2026:

  • Doubling the number of Hong Kong entities with validated SBTs from the current 90 to 180.
  • Linking targets with Hong Kong policies and regulations.
  • Defining new business models whereby companies reduce GHG emissions while thriving economically.

Prof. Peipei Chen

City University of Hong Kong

Assistant Professor

Peipei Chen is an Assistant Professor in the School of Energy and Environment at City University of Hong Kong. She is an interdisciplinary researcher in energy transition policy whose work focuses on low-carbon technology deployment, industrial decarbonisation pathways and the social impacts of energy transitions. She evaluates the feasibility and adoption potential of key low-carbon technologies and develops decarbonisation strategies for hard-to-abate industries, supported by integrated assessments of technology evolution and capacity-expansion pathways. She has published in journals such Nature Energy, Nature Climate Change and Nature Communications, with several of her findings cited in United Nations reports.

Ken Chiu

Hong Kong Exchanges and Clearing Limited (HKEX)

Head of Carbon and ESG Products, Sustainability Division, HKEX.

Ken Chiu has served as Head of Carbon & ESG Products at Hong Kong Exchanges and Clearing Limited (HKEX) since 2022, where he is responsible for driving the growth of HKEX’s Carbon & ESG business. He has led the development and launch of HKEX’s environmental marketplace, helping to expand sustainable finance and carbon market opportunities in the region.

Ken joined HKEX in 2018. Prior to his current role, he served as Senior Vice President, Fixed Income and Currency (FIC) Development, where he was responsible for HKEX’s FIC derivatives and bond listing businesses.

Ken holds a Master of Science in Mathematics for Finance and Actuarial Science from Université Paris-Dauphine and a Bachelor of Business Administration in Finance from the Hong Kong University of Science and Technology.

Martin James Murray

Swire Pacific

Finance Director

Martin Murray OBE is the Finance Director of Swire Pacific Limited, as well as a Non-Executive Director of Cathay Pacific. He is also the Director responsible for Swire Pacific’s ESG strategy and its Sustainable Development Office.

Martin was previously the Chief Financial Officer of Cathay Pacific. Prior to joining Cathay Pacific in November 2011, he was the Deputy Finance Director of Swire Pacific Limited – a post he took up in August 2009. Martin is also a former Non-Executive Director of Swire Properties.

Formerly with Ernst & Young in Scotland and Hong Kong, he joined the Swire Group in January 1995 and has worked for the Group in the Hong Kong SAR, the USA, Singapore and Australia. His roles have included Manager Treasury, Finance Director Trading Division, Finance Director of the Shipping Division and Finance Director of John Swire & Sons Pty Ltd.

Martin graduated from the University of Glasgow in 1988 with a Bachelor of Accountancy degree. He is a member of the Institute of Chartered Accountants of Scotland and the Hong Kong Institute of Certified Public Accountants, a Council member of the World Business Council for Sustainable Development and an Executive Committee member of The Hong Kong Management Association. He is also the former Director of Finance for Hong Kong China Rugby.

Martin is the Chairman of ISF Cambodia and My Name’5 Doddie Foundation in Hong Kong. He was awarded an OBE in January 2025 for his services to charity.

He was presented with the Climate Leadership Award at the 2025 Finance for the Future Awards. The award recognises his work in connecting sustainability initiatives with tangible business outcomes.

Martin is married with two children.

My Sustainability Goals for 2026:

  • Embed sustainability factors into capital allocation, risk management and business planning.
  • Strengthen the integration of sustainability and financial reporting.
  • Equip leaders and employees with the skills needed for a changing business environment.
  • Harness data, technology and AI to improve reporting and decision-making.
  • Direct resources towards initiatives that create long-term business value and resilience.

Speaking in 2026 sessions:

Delivering Sustainable Value to Accelerate the Transition: CFO Priorities (Breakfast Roundtable)

With thanks to