Business and the Blue Economy: Building an East Asian Seas Sustainable Business Network
Business and the Blue Economy: Building an East Asian Seas Sustainable Business Network
Venue: Furama Gallery 3 & 4
Date: November 19, 2015
Time: 1030 – 1700
OBJECTIVE(S):
- Introduce concept, significance and details on blue economy development in East Asia
- Learn about sustainable development efforts in various blue economy industries
- Indentify business risks and opportunities related to sustainable development of coasts and oceans in various blue economy industries
- Indentify cross-industry risks, opportunities and areas for collaboration
- Identify potential actions for industry to engage with government on blue economy development in East Asia
- Introduce the East Asian Seas Sustainable Business Network and gather feedback on programming
- Provide an opportunity for members for networking between companies interested in blue economy and sustainable development of coasts and oceans
FORMAT OF THE EVENT:
- Seminar - 2 hrs
- Workshop - 2 hrs
EXPECTED OUTPUTS:
- Companies understand the meaning and significance of blue economy in the region, including concrete example from various industries
- Indentified business risks and opportunities related to sustainable development of coasts and oceans in various blue economy industries
- Indentified cross-industry risks, opportunities, areas for collaboration and potential actions for industry to engage with government
- Companies oriented to the East Asian Seas Sustainable Business Network and feedback gathered on initial programming
KEY MESSAGE(S) OF THE WORKSHOP
- East Asia is a prominent center for commercial ocean activity.
- Sustainable development issues have moved from being "nice to have" or CSR-focused concerns to core, strategic considerations for business.
- Companies face issues impacting their coastal and marine operations including overfishing, loss of natural coastlines, pollution from land- and ocean-based sources, sea-level rise and shifting weather patterns, along with increasing levels of public scrutiny and accountability for how they manage these complex issues.
- Blue economy holds the potential for significant new market opportunities and competitive advantage through sustainable development.
- With a 20-year history as the pioneer of Integrated Coastal Management (ICM) and a strong connection to government in the region, PEMSEA can help companies navigate these important considerations.
