New World Department Store China Ltd 2016 Annual Report with Sustainability Disclosures
Company: New World Department Store China Ltd
Sector: Wholesale & retail
Country: Hong Kong
Year: 2016
Type: Annual Report with Sustainability Disclosures
Pages: 151
The report describes FY2016 as a challenging year, with group revenue declining 9.2% to HK$3,659.9 million while the company operated 41 department stores and shopping malls across 21 major Chinese cities. Its sustainability activities included the Green Office Policy and Sustainable Office Guide, which supported reductions of 7.8% in carbon-emission intensity and 5.1% in electricity consumption per square metre. The report also highlights extensive community and volunteer activity, including 7,477 service hours, alongside a year-end workforce of 4,957 employees.
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