Budget Allocation and Stakeholder Engagement: Crucial Challenges for Hong Kong Companies in Battling Climate Change

Challenges in Tackling Climate Change

Hong Kong firms are facing major hurdles in combatting climate change, particularly in the areas of budget allocation and stakeholder engagement. The availability of financial support and engagement with stakeholders are critical for firms aiming to achieve decarbonization goals.

Key Highlights:

• Financial Support: Crucial for implementing sustainable practices.
• Stakeholder Engagement: Influences firms' ability to achieve net-zero carbon targets.

Addressing these challenges is vital for Hong Kong businesses looking to enhance their environmental sustainability efforts and contribute to the global climate change mitigation initiatives.