147 views
Photo from Hang Seng Bank

Hang Seng Bank launches $80b green financing solutions fund

The bank also launched green assessment and knowledge advocacy programmes.

Hang Seng Bank launched strategic support for enterprises with green financing, assessment, and advocacy initiatives.

For capital financing, Hang Seng launched an $80b Sustainability Power Up Fund, offering diversified green and sustainable financing solutions, including Green Equipment Financing, Social Loans, and Sustainability Linked Loans, to encourage businesses to reduce carbon emissions.

In terms of green assessment, Hang Seng, in partnership with the Hong Kong Quality Assurance Agency (HKQAA), launched the ‘SME Green Equipment Financing Assessment Platform’ for its customers, reducing assessment fees by over 90% and simplifying the process.

In addition, Hang Seng launched the Green and Sustainable Financing Assessment Subsidy Programme, offering eligible businesses cash rebates on assessment fees up to $200,000.

Lastly, Hang Seng established the ‘Hang Seng Carbon Academy’ to offer professional training courses and a platform for business exchanges to improve their Environmental, Social, and Governance (ESG) performance.

Follow the link for more news on

Join Hong Kong Business community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Home prices may rise up to 5% amid strong first-hand sales demand
Transactions may reach 55,000-58,000 units, driven by first-hand sales contributing 35-40%, the highest level since 2004.
TADA launches beta ride services in Hong Kong
Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.
Utilities