New World Development Co Ltd 2024 SR
The report introduces New World Development's Sustainability Vision 2030+ (SV2030+), an evolved strategy centered on Future-Fit Places, Organisational Resilience, and Enriched Lives. Key milestones include the development of a 1.5°C-aligned Decarbonisation Roadmap and a commitment to achieving net zero emissions across Scopes 1, 2, and 3 by 2050. The company demonstrated leadership by being ranked 43rd in TIME Magazine's "World's Most Sustainable Companies of 2024" and achieving a 'BBB' MSCI ESG Rating. Significant progress was made in sustainable finance, with social bond proceeds allocated to the conservation of the Grade I historic State Theatre. Additionally, the Group achieved a 35.3% female board representation and implemented a comprehensive mental health and wellbeing programme for employees.
Company: New World Development Co Ltd
Sector: Real Estate
Country: Hong Kong
Year: 2024
Type: SR
Pages: 75
New World Development Co Ltd
Corporate Sustainability Report
The report introduces New World Development's Sustainability Vision 2030+ (SV2030+), an evolved strategy centered on Future-Fit Places, Organisational Resilience, and Enriched Lives. Key milestones include the development of a 1.5°C-aligned Decarbonisation Roadmap and a commitment to achieving net zero emissions across Scopes 1, 2, and 3 by 2050. The company demonstrated leadership by being ranked 43rd in TIME Magazine's "World's Most Sustainable Companies of 2024" and achieving a 'BBB' MSCI ESG Rating. Significant progress was made in sustainable finance, with social bond proceeds allocated to the conservation of the Grade I historic State Theatre. Additionally, the Group achieved a 35.3% female board representation and implemented a comprehensive mental health and wellbeing programme for employees.
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Document Details
Report Year
2024
Reporting Period
Jul 1, 2023 - Jun 30, 2024
Fiscal Year
2024
Published
Sep 26, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Women on Board
Women in Management
Net Zero Target