More than a dozen Hong Kong property developers and construction firms have formed a working group to standardise procurement of low-carbon construction materials as part of their climate-action plans.
The group, known as the Hong Kong Proptech Alliance, is seeking to slow or stop emissions embedded in construction materials across the industry’s supply chain. Major procurement shifts, policy incentives and technical documentation frameworks are required to drive investments that will help the building industry transition to low-carbon products and manufacturing, executives said.
