Singapore-based media company Eco-Business has hired Enbo Wang as its new China senior advisor to build new partnerships in the Asian market where businesses are increasingly seeking to communicate on the progress they have made on sustainable development.
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Wang is founder and managing partner of Principes Partners, an independent strategic advisory and investment management firm. Formerly a family office, it now focuses on advising global conglomerates, public institutions and private capital investors on cross-border deals, as well as sustainable finance and investing.
He is also chief executive of Principes Ventures, a global fund founded in 2023 which invests in, and helps scale early growth stage climate tech innovations. The investment firm is an official partner of an “Innovate for Climate Tech” coalition launched by the COP28 United Arab Emirates presidency.
Wang, who is based in Shanghai, will retain these roles after taking up his new position with Eco-Business. The entrepreneur, who has experience working with climate and deep tech companies and start-ups, said that he has followed Eco-Business’s media coverage on sustainable development in Asia for years and has always admired its work.
“My background in consulting, media and private capital closely intersects with topics like finance, technology and sustainability. I am pleased to support Eco-Business’s strategic development in China, enhancing its engagement with key stakeholders and expanding its influence in China and beyond,” he said.
Wang highlighted how China is now a market leader in climate tech innovations, especially in electric vehicles, solar and battery storage, and that Chinese companies in the space are becoming major players in the global net-zero transition.
“They have superior know-how and best practices on how to manage the economy to drive a sustainable transformation, yet these companies could lack the capability to communicate their messages and stories with the global community. This is in turn affecting their expansion and outreach strategies.”
He said he believes that the Chinese private sector needs to participate in the global conversation on climate and sustainable development, which will help build trust in the Chinese brand, and that Eco-Business has a “strong edge” to help Chinese companies shape and convey their narratives effectively.
Junice Yeo, executive director of Eco-Business who is based in Beijing, welcomed Wang’s decision to join the China team. “His decades of experience in economics and business and his familiarity with the China market will help us reach out to stakeholders that will increasingly play an important role in how sustainable development is shaped in China.”
Yeo said Wang joins a growing list of senior-level experts that Eco-Business is working closely with to shape the company’s expansion across Asia Pacific, its primary focus.
