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Hong Kong SMEs generate new business by making use of their carbon-tracking technologies

Hong Kong SMEs leverage carbon-tracking tech for new business opportunities, attracting eco-conscious partners

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There is rising interest in ESG-related products and services from both local and multinational companies. Photo: Shutterstock
Small and medium-sized enterprises (SMEs) say they have been generating new business by leveraging their carbon-tracking technologies, despite some financial uncertainties facing the broader sector.

For Hong Kong start-ups like Urban Spring, which supplies smart water refilling stations, and EzyGreenPak, which makes sustainable packaging, using technologies that measure climate-related data throughout their production chains has created new business opportunities. Both firms operate carbon-tracking platforms.

“[Carbon data] data transparency helps to attract business partners,” said Helen Chan, head of partnerships at Urban Spring, adding that the company’s smart water stations in the city have surged 50 per cent in number since 2023.

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At the end of last year, the company saw a major increase in inquiries, she said.

Carbon data data transparency helps to attract business partners, says Helen Chan, head of partnerships at Urban Spring. Photo: Handout
Carbon data data transparency helps to attract business partners, says Helen Chan, head of partnerships at Urban Spring. Photo: Handout

“Our pipelines for 2025 show a lot of demand coming from hotels,” she said, as they were eager to receive green certifications.

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