Swire Pacific Challenge: Identify, Monitor and Reduce Solid Waste Entering Skips
Cathay Pacific Services Limited (CPSL), a subsidiary of Cathay Pacific Airways. CPSL operates an air cargo facility in Hong Kong – Cathay Pacific Cargo Terminal (CPCT), serving airlines operating at Hong Kong International Airport. As part of a commitment to sustainability, the business now needs a partner dedicated to reducing solid waste through a wide range of possible solutions. Find out more.
What You Need to Know
The Challenge
To identify, monitor and reduce specific solid waste types being disposed into waste skips at commercial and industrial buildings.
Wooden pallets from cargo operations are the main waste type for this pilot as there may be over 12,000 wooden pallets in good condition currently entering the skips annually.
We are looking for innovation in areas such as, but not limited to, waste identification systems, dumping prevention, behaviours change tools, warning systems and sensors, IoT sensors, waste auditing, pallet upcycling and alternate end of life options.
The Opportunity
Swire Pacific’s Sustainable Development Fund, an annual HK$100 million fund, seeks primarily to fund proof of concept pilots of innovative technologies and approaches that, when scaled up more widely within the group’s various operations, have the potential to significantly positively impact environmental performance of operating companies.
The innovator chosen for a pilot project aimed at solving the challenge presented here, will be awarded full funding for that pilot after final approval of the suggested pilot by the SD Fund committee. If results are successful, this partner may have the opportunity to scale their solution across the operating company’s operations and, where applicable, across Swire’s portfolio of companies in Property, Aviation, Beverages, Marine Services and Trading & Industrial.
Your Timeline
- Application Open: 19 April 2021 – Apply Now
- Application Close: 21 May 2021
- Shortlist Selection : 4 June 2021
- Finalists Pitch (virtually): 14 June – 25 June 2021
Find out more about the fund and the criteria selection
Questions? Contact us
About Swire Pacific Limited
Swire Pacific is a Hong Kong based international conglomerate with a diversified portfolio of market leading businesses. The Company has a long history in Greater China, where the name Swire or 太古 has been established for over 150 years.
Our aims are to deliver sustainable growth in shareholder value, achieved through sound returns on equity over the long term, and to return value to shareholders through sustainable growth in ordinary dividends.