New World Development

Diversified Real Estate Activities
0017.HK
HKD 22 0.68
Share price
$ 7.5 bn
Market Cap
$ 29 bn
Enterprise Value

Carbon footprint

10 Ton
GHG emissions per $ 1 mln investment
0.26x the weighted average for S&P 500
FY2021
How is this calculated?
-7.1%
YOY change in GHG emissions
Weaker than the +4.9% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

This company has not set a company-wide target for an absolute reduction in GHG emissions yet

but has a science based goal that does not target absolute reductions but is still aligned with Paris Agreement according to SBTi

GHG emissions and Carbon intensity

New World Development's GHG emissions (location-based) (Kt of CO2e)
New World Development's Carbon intensity (Tons per 1 USDm)

New World Development's carbon footprint

New World Development reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 30 June 2021 at 298 Kt (-23 /-7.1% y-o-y). Also positively, carbon intensity was down at 34 t (-8.6 /-20.3% y-o-y).

No public disclosure of Scope 3 emissions has been found for New World Development at the moment.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

New World Development also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. New World Development Company Limited commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by FY2030 from a FY2019 base year. New World Development Company Limited also commits to reduce scope 3 GHG emissions from capital goods 22% per square meter of construction floor area by FY2030 from a FY2019 base year. New World Development Company Limited further commits to reduce scope 3 GHG emissions from downstream leased assets 29.8% per square meter of gross floor space within the same timeframe

Company environmental metrics

Show more...