Posted on 03/02/2022 8:31:16 AM PST by Oldeconomybuyer
SYDNEY/HONG KONG, March 2 (Reuters) - Hong Kong's ambition to become a hub for green and sustainable business is under threat as its persistent tough border controls against COVID-19 make the task of attracting senior specialists harder for financial institutions.
Hong Kong has stepped up efforts in recent years to become a leader in Environmental and Social Governance (ESG), including creation of working groups with government officials and global firms to develop a local talent pool.
Flight bans, lengthy and expensive quarantine norms, limited access to public services and the threat of separation from family members who test positive have all spooked potential talent.
"It is getting harder and harder to find staff in Hong Kong," said Tony Wong, founder of ESG specialist Alaya Consulting, a strategy and reporting firm.
"The city is trying to be a green investment hub globally, but we cannot get the staff. COVID and the restrictions have made it harder to attract staff."
(Excerpt) Read more at reuters.com ...
You really think the CCP gives a rats hiney about “Green” technology. That’s just a means to destroy their competition.
Communist crackdowns have consequences.
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