Our Focus Areas

November 28, 2022

Asia Business Council Survey on Climate Action 2022

Climate change will have material impacts for corporations, particularly in Asia where physical and transition risks are significant. Accordingly, Asian companies have acknowledged the importance of sustainability and are now making commitments to reach net-zero carbon emissions within set timeframes.

But how are these commitments affecting their business strategies and changing their operations? And which policies could support an acceleration of their climate action?

To answer these questions, the Asia Business Council surveyed its members ahead of the COP27 conference. For the first time in 2022, a separate section was added to the Council’s Annual Survey with climate-related questions.

The survey results highlight the main drivers of Council members’ climate action and the strategies they prioritize for reaching net zero carbon emissions. It also reveals the key challenges they see for decarbonization and, crucially, the government policies that would help accelerate their climate action.

October 20, 2022

In Asia, climate change and economic uncertainty can be addressed together

As Asian economies face recession worries, many are putting climate action on the back burner – but climate resilience goes hand in hand with economic stability.

September 7, 2022

Making Globalization Work Better for Asia

Asia’s economic growth and development have been unparalleled over the past 75 years. Poverty has declined continuously and more rapidly than at any time in recorded history, and significant welfare gains have been achieved. These achievements have been driven by Asia’s growing participation in international trade and global value chains, which underpin the globalization process. More broadly, globalization refers to the integration of economies that has been achieved through growing levels of international trade, finance, and investment, and through the mounting exchanges of people, ideas, and data.

May 23, 2022

Hong Kong has the ability to be a green finance hub, but none of the vision

The success of the government’s green bond scheme provides plenty of scope for investing in groundbreaking energy projects and pursuing ambitious climate policy. Yet, our leaders can’t seem to think bigger than a few low-carbon buildings and waste management fees.

April 1, 2022

Increasing Supply Chain Resilience in Asia

Increasing supply chain resilience in Asia can help blunt the worst effects of climate change, improve biodiversity and closed loop thinking, and even help eradicate the scourge of modern slavery.

September 15, 2021

How to speed up the launch of waste charging in Hong Kong

Legco’s approval of the waste charging bill comes with a request for a delay in implementation that makes little sense. The success of the recycling schemes in Taipei and Seoul underline the role civil society can play in building trust and community buy-in.

August 27, 2021

Networks for a Resilient Future: An Asian Perspective

In 2021, resilience is undoubtedly top-of-mind for business leaders as they face the COVID-19 pandemic and threat of climate change amidst a precarious geopolitical environment. While corporate resilience is the capacity of an individual company to transform nimbly, rebound quickly, and prepare effectively for dramatically changed circumstances, collective resilience refers to the capacity of multiple

June 24, 2021

“Asia’s Challenge 2030” Global Essay Competition: A Compendium of Award-winning Essays

The “Asia’s Challenge 2030” Global Essay Competition challenged students across the world to answer the question: How would you address some of the most important issues in Asia in the coming decade? Participants were asked to tackle a problem in one of three categories: Economy, Trade, and Finance; Environment and Public Health; and Cities and

February 22, 2021

Measure, Manage, Disclose: Asia’s Corporate Path to Net-Zero Emissions

Blunting the impact of climate change is our time’s greatest challenge. The landmark 2015 Paris Agreement on climate pledged to keep the rise in global temperatures to less than 2 degrees Celsius above pre-industrial levels. The overall Paris pledge is the sum of individual country pledges, known as Nationally Determined Contributions (NDCs), to drive decarbonization. But,

January 15, 2021

Extraordinary Endeavors in Turbulent Times: Asian Innovation, Inclusion, and Impact during COVID-19

The year 2020 will be remembered for the turbulence caused when a pandemic swept through the world, fundamentally changing people’s way of life, presenting unprecedented challenges to governments worldwide, and forcing businesses to reflect and adapt in order to survive. With this in mind, the Asia Business Council and the Tanoto Center for Asian Family