A battery-recycling centre is being opened in Hong Kong to combat the region’s growing problem of lead-acid battery disposal.
The region’s first lead-acid battery recycling centre is due to be opened in December 2016 to solve the problem of improper disposal of batteries, which led to 60 convictions in June 2016.
Convictions carry a six month prison sentence or a $200,000 fine.
The service will offer a “cradle to grave” solution in Hong Kong and is offering pre-opening services.
The move aims to provide an environmentally friendly solution for all lead-acid batteries used for backup power, transport and emergency lighting.
Mark Rittmayer, chief financial officer of CSC Asia Pacific, said: “We do not believe this is immaterial and should be reported in the companies’ environment, social and governance section of the financial statements.”
Companies must hold a ‘trip ticket’ for 12 months for all lead-acid battery disposal, say the Environmental Protection Department (EPD) under Hong Kong Waste Disposal Ordinance (WDO).
Any company clearing lead-acid batteries currently has to include information of the disposals in the 2016 ESG section of its annual report.
