Hong Kong-based companies have been showcasing innovative ideas at the Startup Village at COP28 in Dubai.
The significance of the United Nations climate conference is not just its pivotal role in addressing government policies, with over 70,000 delegates converging to pursue common objectives, said William Yu, an environmental expert from Hong Kong who also acts as an adviser to InnoBlock, a local startup.
“At the same time, it extends invitations to green tech companies, such as InnoBlock, which provides down-to-earth ESG solutions,” he said, referring to environmental, social, and governance.
He said it was interesting to see both trends happening at the same time at the climate meeting.
InnoBlock Technology Limited, a software development company with a wide range of products and services that optimize customer operations and their sustainability goals, was one of the Hong Kong-based companies present at the Startup Village.
InnoBlock CEO Kevin Ng said the firm’s three main domains are carbon credit trade, carbon management and reporting, and supply chain management.
It works with the Global Reporting Initiative, a nonprofit that promotes economic, environmental and social sustainability, and Hong Kong Science and Technology Parks Corporation.
According to Ng, InnoBlock received an invitation from COP28 to represent Hong Kong as a green tech company from China. The firm is showcasing how its TT Green software supports companies in attaining their sustainability goals by 2030.
“During these recent encounters, we engaged with numerous visitors, many of whom faced challenges obtaining certain types of data, as well as calculating carbon emissions,” he said.
TT Green, he said, can help address these issues through a global carbon emission calculator supporting over 400 regions with an extensive database.
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