New World Development Co Ltd

Real Estate Operations

Company Summary

New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes residential, retail, office, and industrial properties. The company also provides commercial aircraft leasing services; operates expressways; and constructs residential and commercial projects, as well as provides protection and savings-related life and medical insurance products. In addition, it is involved in the duty-free operation and general trading, civil engineering, loyalty program, marketing, promotion, fashion retailing and trading, and piling and ground investigation businesses; and development and operation of sports park. Further, the company manages Hong Kong convention and exhibition centre; operates hotels, golf and tennis academies, and shopping malls; operates department stores; and provides information technology, healthcare, training course, ticketing, financial, project management, management, advertising, business and investment consultancy, estate agency, wellness and rehabilitation, endoscopic, carpark management, supply chain management, and catering services, as well as property agency, management, and consultancy services. Additionally, the company undertakes façade and foundation works; and offers elderly residential services. As of June 30, 2022, it operated a total of 15 hotel properties totalling 5,958 rooms in Hong Kong, Mainland China, and the Southeast Asia. New World Development Company Limited was founded in 1970 and is headquartered in Central, Hong Kong.

ESG Rating Overview

Sustainalytics

Overall ESG Rating :

15.8
Rating Scale
0-10Negligible10-20Low20-30Med30-40High40+Severe
0100E2.6S4.5G7.3

Refinitiv

Overall ESG Rating :

65
Rating Scale
0-25Poor 25-50Satisfactory 50-75Good75-100Excellent
0100E80S68G48

Overall ESG Rating :

BBB
Rating Scale
CCCB
Laggard
BBBBBA
Average
AAAAA
Leader

New World is average among 58 companies in the real estate development & diversified activities industry.

Temperature Rise :

1.9℃
CLIMATE SCALE
≥ 3.85°CLagging > 2°C - < 3.85°CMisaligned ≤ 2°CAligned