HKQAA Symposium is flagship annual event organized by Hong Kong Quality Assurance Agency (HKQAA) on 18th May 2018. Hong Kong Society for Quality (HKSQ) is one of supporting organizations since 2006. The symposium’s frame in 2018 entitled “Towards Sustainable Economy: Diversgent Thinking in Business Strategies” and I would like to summarize it below for sharing. Before the afternoon session of the symposium, Ms. Amie Lai and I took a photo with Dr. David Chung that we are CityU EngD cohorts.
Dr. Michael PH Lam (CEO, HKQAA) gave an opening speech. He said sustainable development had become one of the keys to long-term success for organizations. In keeping with the development of the national Green Finance policy and being supported by the HK Government, HKQAA kicked off the Green Finance Certification Scheme in January 2018. Moreover, HKQAA expert had been nominated by ITC and China National Institute of Standardization to directly take part in the technical committee of ISO/TC 207/SC4 and its related working group to develop ISO/NP 14030 Green bonds – Environmental performance of nominated projects and assets.
Dr. David Chung (Under Secretary for Innovation and Technology, Innovation and Technology Bureau, HKSAR) was the keynote speaker and his topic entitled “Build a Sustainable City with Innovation, Artificial Intelligence and Technology”. Firstly, Dr. David Chung briefed Hong Kong Economic Transformation from Manufacturing Hub (1960-70) to De-Industrialization (Mid-80s) and now in Service Economy. In future, we needed Re-Industrialization.
Then Dr. David Chung introduced the 2017 Policy Address on Innovation and Technology. He mentioned Hong Kong’s Advantages on Innovation and Technology that we had five universities among the world’s top 100 and strong & reliable global professional services in legal, finance, accounting, corporate management and engineering fields.
He also briefed our Startup ecosystem in which more than 2000 start-up in Hong Kong and increased by 80% in the past 3 years. Recently, 3 unicorns appeared from HKSTP and Cyberport. Innovation & Technology Funded Projects were also introduced and the key areas included sustainability, green tech, AI, Robotics and Healthcare that totally had 217 projects with funding amount upto $469,261,867.
Finally, Dr. David Chung mentioned the future directions including Talent Building (e.g. $500 million “Technology Talent Scheme”), Encourage Venture Investment (e.g. $2 billion Venture Fund to co-invest with venture capitalists), Technology Infrastructure (e.g. HK-Shenzhen Innovation & Technology Park (HSITP), and Open Up Government Data (e.g. Hospital Authority’s Big Data Analytic Platform), Popular Science Education, Review Legislation & Regulations and Chang Government Procurement Rules.
Then Dr. Lo explained how to make it work. Firtly, defining a corporate objective greater than the business itself and embracing cross-sectoral collaboration. To meet Corporate Social Responsibility through Social Capital Building which could achieve Sustainable Development and Economic Prosperity. And then he mentioned Community Investment & Inclusion Fund (CIIF) history and objectives.
After that Dr. Lo stated four main drivers of social development in modern societies and they were Cultural capital, Human capital, Economic capital and Social capital. Six Core Dimensions of Social Capital were briefed and they were Social Networks, Trust & Solidarity, Social Cohesion & Inclusion, Information & Communication, Mutual-help & Reciprocity, and Social Participation.
Lastly, Dr. Lo said Corporate Social Capital defined that “Investments in social capital could help build trust between the firm and its stakeholders and could improve the performance of the firm. He showed the Corporate Social Capital growth curve for explanation.
Mr. CY Chan (Co-Owner, Head of Talent Engagement & Corporate Social Investment, HKBN Group) was the third speaker and his topic was “HKBN’s LUCA – Legal Unfair Competitive Advantage”. He said that they pursued both Purpose and Profits. Their purpose was “Make our Hong Kong a better place to live” and make purposeful profits. They believed upon doing what is right, profits will follow.
One interested points was they didn’t have staff but only Talents. They were Co-owners in HKBN with LIFE-work Priority. Their culture built up through Leading Disruption@Annual Management Experiential Trip. Moreover, co-owner in HKBN had opportunities to study university degree through “Next Station University”.
For community investment, they outsourced operations to social enterprises. Moreover, HKBN established TALENT CSI Fund in 2015 for Social Responsibility activities. At the end, he introduced their program in video named “NET’s Be Wise” to promote cyber wellness.
During Tea break, I met Ms. Fay Lo (LPG Health Safety Security & Environment Manager, DSG Energy Limited) my junior classmate in BCH Dept., CityU and we took a photo for memory.
I also meet a friend Cookie.
Prof. CY Jim (Chair of Geography, Department of Geography, HKU) was the fourth speaker and his presentation named “Greening the Urban Environment: Trends and Opportunities”. His speech was focused on some key issues included quantity and quality of urban green infrastructure, accessibility and distance to green spaces, social economic and health benefits and climate-change adaptation, etc.
Then Prof. Jim discussed how to maximize ecological functions including Berlin’s Biotope Area Factor (BAF) and Nature-based solutions for sustainable and liveable cities. The principles and computation of BAF was mentioned.
After that Prof. Jim demonstrated many different countries greening as examples such as Singapore high and complex vegetation cover, Tokyo maximize green plot ratio & offer people-friendly green spaces, Leuven cover park surface predominantly with greenery, Paris & Seoul Install urban lawns, etc.
At the end, Prof. Jim quoted CLP Sky woodland & green wall in Tseung Kwan O, Hong Kong. He concluded his talk that Nuture a culture of meritorious urban greening using innovative solution to constraints of compact city greening. We needed to integrate greenery into sustainable and liveable cities and treat greening as an indispensable Urban Green Infrastructure (UGI).
The fifth speaker was Mr. Glenn Lin (Managing Director, New Energy Financing and Consulting Company Limited) and his topic entitled “Strategies of Integrating Renewable Energy in Buildings and Green Projects”. He introduced that New Energy Financing and Consulting Limited (NEFIN) is a total solution project development and turnkey solution provider in the renewable energy industry with a focus on photovoltaic (PV). NEFIKON Solar Asset Management and its application was mentioned.
Then He briefed GreenRewardsTM – Green Products which offers the best selection of green and environmentally friendly products for home, green business, school and office supplies. One of key features was solar powered waste compactor.
The last speaker in afternoon session was Dr. Nigel Croft (Chairman, ISO Technical Subcommittee on Quality Systems) and his presentation entitled "Systematic Approaches to Managing Sustainability Risks – Latest News about ISO 31000, ISO 45001 and ISO 50001". In the beginning, Dr. Nigel Croft said new ISO 9004:2018 standard just issued in April 2018 in which defined “Sustained Success”.
Then Dr. Nigel Croft descripted the definition of risk through different standards but he like Wikipedia definition that “the potential of losing something of value, weighed against the potential to gain something of value”. Opportunity in Wikipedia definition was “a time or set of circumstances that makes it possible to do something”.
After that He briefed ISO 31000 that first published in 2009 and updated in 2018. It simplified and streamlined content and revised the principles of risk management. Leadership by top management was emphasized.
ISO 45001 issued in Mar 2018 and it was a long journey to achieve ISO standard. Risk-based thinking for the management as well as for analysis of hazards were focused.
New ISO 50001:2018 standard was expected to be published in August 2018. The key changes were to adopt ISO High Level Structure (HLS), to clarifies that types of energy within the EnMS scope and boundaries was not able to be excluded, as well as, energy review. Moreover, it clarified EnPI and Energy Baselines (EnBs) text to improve understanding of these concepts. At the end, Dr. Nigel Croft concluded that 2018 would be the publication of some new standards and revisions to existing standards within the ISO portfolio to support sustainable development.
Panel Discussion was performed at the end of Afternoon Session and the guest moderator was Dr. Nigel Croft. Panelists were: (Left)
- Dr. Wingco Lo JP (Vice-chairman, the Community Investment and Inclusion Fund Promotion and Development Sub-Committee)
- Mr. CY Chan (Co-Owner, Head of Talent Engagement & Corporate Social Investment, HKBN Group)
- Dr. Michael H. Wong (Director, University of Waterloo (HK) Foundation Limited)
- Prof. CY Jim (Chair of Geography, Department of Geography, HKU)- Mr. Glenn Lin (Managing Director, NEFIN)
During the discussion, Dr. Michael Wong said innovation come about interaction and culture change took a long time. Dr. Wingco Lo said training local people for greening skill and built up relationship with elder people in the community. Mr. CY Chan told us that their goal was worked with more customers and talent in the community. Investment on purpose but not only for money he said. Prof. CY Jim suggest HK government focused to green infrastructure with more complex ecosystem. Mr. Glenn Lin promoted to use smart renewal energy (RE) system. Finally, Nigel said innovation come up like coffee shop in Cambridge that talk and listen people from different disciplines.
Previous HKQAA Symposium:
2016: HKQAA Symposium – Startups Registration Scheme Kicks off - https://qualityalchemist.blogspot.hk/2016/05/hkqaa-symposium-startups-registration.html
2014: HKQAA 25th Anniversary Forum & Celebration Cocktail Reception - http://qualityalchemist.blogspot.hk/2014/11/hkqaa-25th-anniversary-forum.html
2010: Part 1 - http://qualityalchemist.blogspot.com/2010/11/hkqaa-symposium-2010-sustainability.html ;
2010: Part 2 - http://qualityalchemist.blogspot.com/2010/11/hkqaa-symposium-2010-sustainability_26.html