 |
HONG KONG, Nov. 10, 2021 /PRNewswire/ — The Construction Industry Council (CIC) organised the Sustainable Finance Certification Scheme (the Scheme) Launching Ceremony on 5 November to celebrate the joint achievements of 18 forward-looking pilot projects and 88 supporting organisations. The Scheme is developed based on 3I Principles – Integrity, International, and Intelligent, aiming to support the HKSAR Government’s carbon neutrality target, and in response to the growing demand for sustainable finance across the construction industry.
In his speech, Mr. Paul CHAN, Financial Secretary of the HKSAR commends the CIC for driving Hong Kong to become a sustainable green city
The Scheme aims to provide a common framework and user-friendly assessment system for sustainable construction to facilitate the application of sustainable finance for the construction industry in Hong Kong and the Greater Bay Area. Over 280 renowned guests coming from construction and financial sectors attended the ceremony, together with nearly 1,000 industry practitioners joined the livestreaming session to better understand the latest development on sustainable finance opportunities.
Speaking at the ceremony, Mr. CHAN Ka-kui, Chairman of the CIC said, “18 pilot projects from 16 organisations have obtained our certification successfully. These 18 pilot projects came from large-scale contractors, subcontractors and SMEs like green technologies suppliers, etc. We are delighted to receive proactive support throughout the supply chain to enhance our Scheme development. Some of them are already engaged with banks and enjoying the privilege brought by the Scheme.”
In his speech, Mr. Paul CHAN, Financial Secretary of the HKSAR commended the CIC for driving Hong Kong to become a sustainable green city. He expressed his gratitude towards the CIC in launching the Scheme, which provides a common framework and a simple and easy assessment system that facilitate stakeholders including developers, contractors, subcontractors and suppliers. They can utilise this tool for sustainable finance and further develop more sustainable construction projects.
Speaking at the experience sharing session, Dr. MA Jun, Chairman and President of Hong Kong Green Finance Association (HKGFA) said, “The launch of this Scheme is an important initiative, they are supporting green finance in construction industry in Hong Kong. There will be a lot of opportunities for the CIC and HKGFA to collaborate in promoting the Scheme and arising the awareness of sustainable finance solutions to the construction industry, with a will to supporting Hong Kong’s carbon neutrality agenda.”
The Scheme is now open for application with early bird discount provided for application of the first 20 organisations. The CIC will also arrange awareness training and assessor training soon to build up capability of construction practitioners regarding sustainable finance. The user-friendly one-stop service platform will process application, assessment and certification online. Interested parties can visit the online platform: https://sfcs.cic.hk/ for the latest information.
List of Certified Pilot Projects
(Ranked according to the alphabetical order)
AluHouse International Trading Company Limited
AMOS Enterprises Limited
Ampd Energy Limited
Analogue Holdings Limited
China State Construction International Holdings Limited
CR Construction Group Holdings Limited
EcoSmart Energy Management Limited
Gammon Construction Limited
Grace Castle Corporation Limited
Hip Hing Construction Company Limited
Hong Kong Energy Infrastructure Limited
Kinform Timber Company Limited
Kum Shing (K.F.) Construction Company Limited
Paul Y. Construction Company Limited
Paul Y. General Contractors Limited
Widex Solar Energy Technology Limited
About the Construction Industry Council
The Construction Industry Council (CIC) was formed in 2007 under the Construction Industry Council Ordinance (Cap. 587). The CIC consists of a chairman and 24 members representing various sectors of the industry including employers, professionals, academics, contractors, workers, independent persons and Government officials.
The main functions of the CIC are to forge consensus on long-term strategic issues, convey the industry’s needs and aspirations to the Government, provide professional training and registration services, and serve as a communication channel between the Government and the construction industry.
Please visit www.cic.hk for further details.
Related Links :
http://www.cic.hk
Support Independent Community Journalism
Dear Reader,The Indian Sun exists for one reason: to tell stories that might otherwise go unheard.
We report on local councils, state politics, small businesses and cultural festivals. We focus on the Indian diaspora and the wider multicultural community with care, balance and accountability. We publish in print and online, send regular newsletters and produce video content. We also run media training programs to help community organisations share their own stories.
We operate independently.
Community journalism does not have the backing of large media corporations. Advertising revenue fluctuates. Platform algorithms change. Costs continue to rise. Yet the need for credible, grounded reporting in a multicultural Australia has never been greater.
When you support The Indian Sun, you support:
• Independent reporting on issues affecting migrant communities
• Coverage of local and state decisions that shape daily life
• A platform for small businesses and community groups
• Media training that builds skills within the community
• Journalism accountable to readers
We cannot cover everything, but we work to cover what matters.
If you value thoughtful reporting that reflects Australia’s diversity, we invite you to contribute. Every donation helps us maintain the quality and consistency of our work.
Please consider making a contribution today.
Thank you for your support.
The Indian Sun Team
