Launch of the Hinrich Foundation Sustainable Trade Index
Trade & Investment
Trade & Investment
12:30 - 2:00pm . A country's prosperity may depend on whether it is participating in the international trading system in a sustainable manner, and whether it will be able to continue to do so. To be sure, there are economic conditions that are crucial to sustainable trade, but increasingly government, business and the general public are focussing on the social equity and environmental outcomes of trade. Together, these three pillars—'profit, people and planet"— constitute the now broadly accepted triple bottom line for sustainable development. Against this background the Hinrich Foundation commissioned The Economist Intelligence Unit (EIU) to build an index to measure the capacity of various countries to participate in the international trading system in a manner that supports the long-term domestic and global goals of economic growth, environmental protection, and strengthening social capital.
The Index includes a number of indicators that together measure whether a country is engaged in sustainable trade; i.e. trade that promotes inclusive growth for all—including future generations—within and beyond a country's borders. Merle Hinrich, founder of the Hinrich Foundation, will introduce the topic and put it in the wider context of why this research is needed in Asia, Chris Clague of the EIU will provide a briefing on the results of the index and Steve Olson of the Hinrich Foundation will discuss the policy implications. The audience will be invited to provide feedback and thoughts on the index and its findings.
12:30 - 2:00pm (Lunch included) Hosted by the Trade & Investment Committee and the Hinrich Foundation
Asia Society Hong Kong Center Jockey Club Hall 9 Justice Drive Admiralty, Hong Kong