Supported by the Hong Kong Green Building Council, the Business Environment Council has launched the “BEC Low Carbon Charter”.

The Charter stands out from past initiatives of its kind specifically responding to the United Nations Framework Convention on Climate Change (UNFCCC)’s Paris Agreement in Hong Kong. Signatories are required to set decarbonisation targets, implement actions to achieve individual targets, and disclose progress annually and spread the word among their peers to join the decarbonisation journey.

The Paris Agreement which Hong Kong has acceded to is an agreement dealing with climate mitigation, adaptation and finance. Decarbonising the property and construction value chain is critical towards Hong Kong’s low-carbon transition and the long-term decarbonisation roadmap as over 90% of electricity consumption and more than 60% of greenhouse gas emissions are attributed to buildings. Construction and construction materials also account for 15% to 20% of buildings’ lifecycle carbon footprint.

As an ongoing initiative, BEC will continue to welcome companies to sign the Charter. With the support from the Charter’s technical partner, BEC will assist signatory companies in setting and achieving targets through organising workshops to disseminate information, resources and for experience and best practice sharing.

For more details, please check out the Low Carbon Charter’s webpage HERE.