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New World Development’s 1.5°C Summit 2022 Urges Tackling Climate Change Through Tech

Organised by Eureka Nova, New World Development’s open innovation platform, the annual ‘1.5°C Summit—The Defining Decade for Impact with Tech’ was held at K11 ATELIER King’s Road with live streaming on 5 September 2022. It concluded with a clear consensus that disruptive technology is the key to drive cities like Hong Kong to mitigate climate change and build a more sustainable future.

As one of the featured events at the StartmeupHK Festival for the second year in a row, the one-day hybrid 1.5°C Summit kicked off the festival with 10 critical discussions on climate change and sustainability, participated by 50 industry experts, entrepreneurs, policymakers and business leaders as well as 28 booths of start-up innovations in climate tech. Forging Hong Kong’s pathway to carbon neutrality by 2050, the summit revolved around the critical actions towards drastic emissions reduction within this defining decade, through net-zero innovation; energy-saving technologies in green buildings; greener transport solutions; and reimagining waste reduction.

In the opening keynote speech, Ben Wong, Head of Open Innovation, Eureka Nova, New World Development, said, “Leveraging the summit panel discussions, we aim to provide a platform to inspire actionable takeaways for businesses and individuals, and create meaningful opportunities for different stakeholders, such as corporates and start-ups, to come together to develop actionable plans.”

Start-up booths that showcase innovations in climate tech

The 1.5°C Summit seeks to forge a concerted effort in the community to create a sustainable future and augments New World Group’s commitment to lead the industry’s evolution to genuine sustainability through the New World Sustainability Vision 2030 (SV2030). SV2030, initiated in 2018, references the United Nations Sustainable Development Goals and the group’s business priorities to curate a customer experience based on the four pillars: Green, Wellness, Smart and Caring. It sets a green target to halve the group’s environmental impact in energy and carbon emissions intensity against baseline year FY2015.

For more information about the 1.5°C Summit, please visit https://onepointfivesummit.com/. — Construction+ Online

Source: New World Development Company Limited