New World Development Company

Sustainability Report and Carbon Intensity Rankings

Is New World Development Company doing their part?

Their DitchCarbon score is 48

New World Development Company has a DitchCarbon Score of 48 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is significant room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing sustainability efforts.

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 Development Company operates in the retail sector, which has a low carbon intensity ranking. 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

New World Development Company, located in Western Australia, operates in a region with a specific carbon intensity rating. The sustainability efforts of the company are influenced by Australia’s overall carbon footprint, which affects the environmental impact of their operations.
0.62%

...this company is doing 0.62% better in emissions than the industry average.

New World Development Company Limited, founded in 1970 and headquartered on Hong Kong Island, operates prominently in the retail sector. As a key player listed on the Hong Kong Stock Exchange since 1972, the company has diversified interests in property development, infrastructure, services, and hospitality, boasting assets exceeding HK$300 billion. The company prides itself on The Artisanal Movement, emphasizing bespoke craftsmanship and imaginative expansion in its business philosophy.

Good news, New World Development has embraced SBTi commitments

New World Development Company has established Science Based Targets initiative (SBTi) commitments to significantly reduce their greenhouse gas emissions from company operations, which include both direct and indirect emissions. These targets align with the global objective to limit warming to 1.5°C, reflecting the company’s dedication to contributing to climate action efforts.

There’s always room for improvement,

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.