Key Takeaways
- On the path to integrating sustainable banking and green finance principles into their operations, Authorized Institutions (AIs) face a range of challenges. For example, many AIs struggle to embed climate considerations into their external stakeholder management, often lacking the necessary tools to effectively connect with their customer base. Beyond unmet customer expectations around climate considerations, AIs also grapple with data management issues as climate risk data is often incomplete, fragmented, and/or lacks standardisation across sources, making it difficult to measure and act on sustainability practices.
- To address these challenges, various Greentech solutions have emerged as key enablers, equipping AIs with tools to seamlessly integrate sustainable banking and green finance principles into their core strategies and operations. These solutions help streamline data management, enhance transparency, improve risk management, and strengthen customer communication around sustainability commitments. With these capabilities, AIs can confidently transition toward a low-carbon economy – not only by transforming their own operations but also by supporting their customers’ net zero ambitions through tailored products and services.
- This Guide aims to provide practical insights and actionable measures for AIs in Hong Kong to advance their net zero transition agendas by leveraging Greentech solutions, as well as a roadmap for integrating sustainability practices seamlessly into their operations.
