2025/26 Hong Kong Budget Highlights

BDO seminar: Carbon credit trading

Introduction In recent years, carbon credit trading has gained momentum as a crucial strategy for reducing greenhouse gas emissions. As businesses and governments worldwide strive to meet ambitious climate goals, understanding this market is not just beneficial — it's essential. During our 45-minute presentation, we will begin by defining what carbon credit trading is and its purpose in the global context. Carbon credits are certificates that represent the right to emit a specific amount of carbon dioxide, and they play a central role in cap-and-trade systems designed to limit overall emissions. We will explore how these credits fit into international agreements, such as the Paris Agreement, highlighting their significance in shaping global climate policy. Next, we will delve into the mechanics of the carbon market. Understanding how carbon credits are created is crucial; they originate from projects that actively reduce, avoid, or sequester emissions—think renewable energy initiatives and reforestation efforts. We will discuss the processes involved in buying and selling these credits, including how companies can purchase them to offset their emissions. Additionally, we will examine the various regulatory frameworks governing carbon trading across different regions, focusing on both compliance and voluntary markets. Engage in dialogue Following the presentation, we’ll have a 30-minute panel discussion featuring experts from various sectors. This is your chance to dive deeper into the subject, ask questions, and share your thoughts on how carbon trading can impact your industry. Who should attend? This seminar is perfect for professionals in environmental policy, finance, sustainability, and anyone interested in the intersection of economics and the environment.    Speaker ALPHA CHIA, Manager of Risk Advisory, BDO Alpha has more than 10 years' experience in the environmental industry. After graduated from The Hong Kong Polytechnic University, Alpha joined several main contracting construction companies in Hong Kong. He started as an assistant environmental officer and gradually became a project environmental manager with years of experience. His projects ranged from green buildings to ISO 14064, 14001 audit etc. He is qualified as a BEAM Pro NB 1.2 and 2.0. He was also responsible for drafting environmental management plan, sustainable management report etc. Alpha has also been working as Senior Consultant in Arcadis due to his skills and technical knowledge in the environmental and construction industry. After gaining experience from green building design, Alpha joined HKQAA and was responsible for project management in the intelligence business department, focusing on green finance, sustainability-linked loan and TCFD. As a project manager, he developed, maintained, and monitored the quality of the technical consultation service in green and sustainability finance provided by company to be delivered in an effective, efficient, and reliable way. He was a qualified lead assessor green bond/loan and sustainability-linked loan in the company and was a TCFD trainer in-house for other colleagues. He is the author for five sets of 'Green Finance Implementation Guidebook for SME' in 2022 under TCF funding. Panel discussion Moderator RICKY CHENG, Director and Head of Risk Advisory, BDO Ricky Cheng is BDO ’s Director and Head of Risk Advisory, with major responsibility in the area of risk advisory services. He specialises in assisting clients in managing their internal audit function and meeting corporate governance requirements in both Mainland China and Hong Kong. Ricky has 20 years of risk and assurance experience. He worked for large international accounting firms and had commercial internal audit experience. His expertise covers various services such as Sarbanes-Oxley Compliance, risk management assessment, compliance assistance, corporate governance compliance review, internal audit assistance, business process review, Environmental, Social and Governance (ESG) readiness and reporting support services review, stored value facilities (SVF) licence independent assessment review, etc.  The portfolio of clients managed by Ricky comes from various industries including transportation, property development and construction, gaming and entertainment, hospitality, manufacturing, gold and minerals mining, fast moving consumer goods, retailing and department chain stores, financial institutions such as brokerage houses and derivative products companies.  Ricky is a frequent event speaker of related topics for professional body organisations and training for listed and non-listed companies.    Current and past professional/public appointments Governor, The Institute of Internal Auditors Hong Kong (2021 – present) Advisory Board member of Global Centre of ESG Education and Research, The Hong Kong Management Association (2021 – present)  Member, Advisory Peer Group of The Hong Kong Metropolitan University (2020 – present) Chairman, Research and Education Committee of The Institute of Internal Auditors Hong Kong (2021 – present) Member, Sustainability Committee of The Hong Kong Institute of Certified Public Accounts (2018 – present) Member, Training Committee of The Hong Kong Institute of Directors (2013) Member, ACCA Hong Kong Committee (2011 – 2013) Qualifications and professional affiliations Fellow of the Hong Kong Institute of Certified Public Accountants Fellow of the Association of Chartered Certified Accountants Certified Internal Auditor Panellists KELVIN NG, CEO, InnoBlock Technology Limited  Kevin Ng has been the CEO of InnoBlock Technology Limited since its founding on April 1, 2020. Under Kevin’s leadership, InnoBlock has emerged as a pioneer in Blockchain-as-a-Service (BaaS) solutions, specializing in sustainability, ESG management, carbon credit trading, and green finance. InnoBlock provides innovative tools for businesses to measure, manage, and offset their carbon footprints while aligning with global frameworks like IFRS S1 & S2, TCFD, SBTi, and GRI. Kevin has successfully established InnoBlock’s presence across Asia, including Hong Kong, China, Malaysia, Cambodia, and Dubai, cementing its reputation as a trusted partner for enterprises pursuing sustainability goals. In the carbon credit market, Kevin has spearheaded InnoBlock’s integration with leading carbon trading platforms, such as HKEX Core Climate, Climate Impact X (CIX) and CTX, enabling enterprises to access verified, high-quality carbon credits. He has also driven the development of TT Green AI, a cutting-edge ESG analytics platform that provides data-driven decarbonization strategies and materiality assessments to help organizations meet their sustainability objectives. Previous Experience Before founding InnoBlock, Kevin served as Vice President of Financial Services Industries Global Sales at Huawei Technologies Limited (Head Office). In this role, he was responsible for Huawei’s global financial services sales strategy and channel development, with a focus on retail banking, insurance, and financial markets. He led initiatives in client innovation, transformation analysis, and branding, delivering tailored solutions to global financial institutions. His expertise in retail banking branch transformation and low-latency trading systems earned him recognition as a thought leader in the financial services industry. Professional Background With 30 years of experience in Blockchain Fintech, telecom network infrastructure, and global enterprise operations, Kevin has consistently demonstrated his ability to drive growth and innovation. He has led global sales teams targeting retail banking, insurance, and securities clients while establishing worldwide channels to support these sectors.  Kevin has worked for the following companies: IBM China/Hong Kong Ltd, Pre-Sales Manager AT&T China & Hong Kong Ltd, General Manager Dimension Data China, Country Manager (based in Shanghai) Motion Network Technology, China, Hong Kong and Macau, General Manager Cable&Wireless, Greater China Sales Director  Huawei Technologies Co. Ltd, Vice President Financial Services Industries Global Sales Education:  University of Massachusetts, Master of Science (Computer Engineering) University of Massachusetts, Bachelor of Science (Electrical Engineering) == with more to come ==   Details are as follows: Date : Tuesday, 13 May 2025 Time : 15:30 - 17:00 Venue : BDO Limited     25th Floor, Wing On Centre, 111 Connaught Road Central, Hong Kong     (Sheung Wan Wing On Department Store's building) Language : Cantonese Fee : Free of charge Remarks : 1. For any enquiries, please contact contact Ida Cheung at +852 2218 3714 or idacheung@bdo.com.hk.     2. Confirmation will be sent to you by email after successful registration.     3. An e-certificate of attendance will be issued to those who have attended the seminar. The application of issuing the certificate must be submitted within three months after the event. No certificate will be issued for late application.       4. BDO reserves the final right of acceptance of registration.