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New World Department Store China
Sustainability Report and Carbon Intensity Rankings
Is New World Department Store China doing their part?
Their DitchCarbon score is 41
New World Department Store China has a DitchCarbon Score of 41 out of 100, indicating moderate performance in sustainability. This score reflects the company’s current carbon intensity level in its operations. A higher score would suggest a lower carbon intensity and better sustainability practices.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
New World Department Store China is a company in the retail sector, which has a low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Unknown
High
Very high
The carbon intensity rating in China influences New World Department Store China’s sustainability profile. Operating in a region with an unknown carbon intensity rating makes it challenging to assess the environmental impact of the company’s operations.
Unlock 30+ emissions data points on New World Department Store China
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
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Unlock 30+ emissions data points on New World Department Store China
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
6.38%
...this company is doing 6.38% worse in emissions than the industry average.
New World Department Store China Limited, founded in 1993 and headquartered in Shanghai, operates in the retail sector as one of the largest department store owners in the People’s Republic of China. The company, listed on the Hong Kong Stock Exchange in 2007, manages a portfolio of 31 “New World” branded stores, 10 “Ba Li Chun Tian” stores, and the “Shanghai Hongxin Trendy Plaza” shopping mall across 20 major cities. Offering a modern metropolitan lifestyle, NWDS provides a diverse range of merchandise and services, aiming to enhance the living standards and shopping experiences of its customers.
emission intelligence's platform recommendations for New World Department Store China
New World Department Store China could potentially reduce its emissions by 30% by setting clear and achievable reduction targets for all purchased energy types, including electricity, heat, steam, and cooling, while enhancing monitoring and reporting to track progress and identify further reduction opportunities.
Good news, New World Department Store China commits to SBTi
New World Department Store China has committed to Science Based Targets initiative (SBTi) by setting targets to significantly reduce their greenhouse gas emissions from company operations, which include both direct and indirect emissions. Their commitment aligns with the ambitious goal of limiting global warming to 1.5°C, reflecting a strong dedication to environmental sustainability.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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