KPMG. Make the Difference.

GreenTech, or green technology, refers to technologies that protect the environment, optimise resource use, and manage waste sustainably. Recently, GreenTech has drawn significant interest and investments, driven by increasing concerns over climate change, growing regulatory emphasis on sustainability, and the urgent need for sustainable solutions.

Within Financial services, Greentech involves developing digital tools and platforms to facilitate green investments, encourage more, larger and faster green lending, enhance transparency in ESG reporting, and manage climate-related risks.

Banks in Hong Kong have a crucial role in helping their clients to find the best ways to finance the low carbon transition. They also have a clear opportunity to strengthen their regional leading position in developing innovative, green and sustainable financial products. At the same time, banks should continue to adapt to technology changes and adopt the most appropriate solutions that will enable them to refine and reform their services and operations. Embracing GreenTech will ensure that both banks and their customers are prepared for the future.