Hong Kong has potential to become ESG education hub for fashion sector: tycoon Victor Fung

During a recent interview with South China Morning Post, Dr Fung addressed the significant environmental impact of the fashion industry, which is responsible for almost 20% of wastewater and approximately 10% of carbon emissions worldwide. He suggested the creation of training programs to establish Hong Kong as a global leader in sustainable manufacturing, with the ultimate goal of setting globally accepted standards for sustainable manufacturing practices, thereby contributing to global sustainability efforts in the long term.

Read the full interview here.