Joseph Mak, Executive Dean of the Asia-Pacific ESG Strategy Research Institute (APESG), attended the “Shanghai-Hong Kong-Macao Youth Economic Development Forum” hosted by the Shanghai-Hong Kong Youth Association as a keynote speaker. Centering on the theme of “ESG Innovation and Entrepreneurship Practices for Hong Kong Youth in the Era of New Quality Productivity,” Dean Mak engaged in discussions with youth representatives, experts, scholars, and business leaders from Shanghai, Hong Kong, and Macao, exploring development opportunities and addressing challenges.
Dean Mak called for strengthened cooperation among Shanghai, Hong Kong, and Macao to collectively foster a favorable environment for youth ESG innovation and entrepreneurship. He proposed the following recommendations:
1.Strengthen Policy Guidance and Improve the ESG Standard System.
Governments should introduce more policy measures to support ESG development, establish and improve ESG information disclosure and evaluation systems, and provide clear guidance for enterprises.
2.Expand Financing Channels to Support the Development of Green Industries.
Financial institutions should be encouraged to develop more green financial products, and social capital should be directed toward green industries to provide financial support for ESG innovation and entrepreneurship.
3.Enhance Talent Cultivation and Build a Professional ESG Workforce.
Educational institutions should offer ESG-related courses to cultivate interdisciplinary talents, while enterprises should strengthen ESG training to enhance employees’ ESG awareness and skills.
