New World Development Company Limited

Unverified
XFID Unique Identifier for New World Development Company Limited: XOMW4JYBLE
Sector
Real Estate
Website
sustainability.nwd.com.hk
3 Second Party Opinions
1 Assurance Report
1 Framework
XFID Type Title Year Source Retrieved
XF-DH9JX9L-7 Assurance Report NWD Green Finance SPO 2020 sustainability.nwd.com.hk 31 Mar 2026
XF-OK94SFU-I Framework NWD Green Finance Framework Oct 2018 2018 sustainability.nwd.com.hk 31 Mar 2026
XF-PVKQKR9-7 Second Party Opinion New World Development Company Limited Sustainability-Linked Bond Second-Party Opinion 2021 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-1E36W6Z-0 Second Party Opinion New World Development Sustainable Finance Framework Second-Party Opinion 2020 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026
XF-I27RCRE-B Second Party Opinion New World Development Green Bond Second-Party Opinion 2018 mstar-sustops-cdn-mainwebsite-s3.s3.amazonaws.com 5 Mar 2026

XF Company Profile

Extra-financial information found across 5 documents in the XframeworkID registry

NACE L Real Estate Activities

Information extracted from documents in the registry. Values are as disclosed; this is not an assessment or rating. Last updated 2 Jun 2026.

Issuer Identity & Structure

Issuer name and country/jurisdiction
New World Development Company Limited, Hong Kong FRAMEWORK 2018
Issuer sector/industry classification
Real Estate Activities FRAMEWORK 2018
Issuer type
Real estate developer and property company FRAMEWORK 2018
Core business activities and geographic focus
Real estate development and property management in Hong Kong and Greater Bay Area SPO 2021

Corporate Strategy & Mission

Corporate mission and sustainability strategy
The Artisanal Movement - a cultural vision and philosophy celebrating human creativity and making for a meaningful, lasting, and sustainable way of life FRAMEWORK 2018
Sustainability strategy pillars and focus areas
Four pillars: Green (environmental protection), Wellness (promotion of healthy living), Smart (technology adoption), Caring (for all community stakeholders) FRAMEWORK 2018
ESG strategy focus areas
Environmental protection, health and wellness, technology adoption, community care FRAMEWORK 2018

Green / Sustainable Finance Framework

Sustainable bond framework name and version
New World Development Green Finance Framework, September 2018 FRAMEWORK 2018
Framework publication date and update history
September 2018 FRAMEWORK 2018
Bond types covered under framework
Green bonds, sustainability-linked bonds SPO 2021
Eligible use-of-proceeds categories
Green Buildings, Green Landscapes, Energy Efficiency and Renewable Energy, Water Management, Waste Management, Climate Change Adaptation ASSURANCE 2020

Standards & Regulatory Alignment

Alignment with ICMA Green Bond Principles
Aligned with Green Bond Principles 2017 and 2018 SPO 2018
Compliance with Green Loan Principles or Sustainability-Linked Loan Principles
Aligned with Green Loan Principles 2018 ASSURANCE 2020
Alignment with UN Sustainable Development Goals
SDG 7 (Affordable and Clean Energy) and SDG 11 (Sustainable Cities and Communities) SPO 2021

External Review & Verification

Second Party Opinion (SPO) provider name and assessment date
Sustainalytics, January 04, 2021 SPO 2021
SPO preliminary evaluation or credibility rating
The New World Development's Sustainability-Linked Bond aligns with the Sustainability-Linked Bond Principles 2020; KPI is relevant and material; SPT is impactful. Green Finance Framework is credible and impactful. SPO 2021
Assurance provider name and engagement period
Sustainalytics ASSURANCE 2020

Sustainability & Climate Commitments

Net zero target year for operational emissions
FY-end 2029/2030 SPO 2021

Changes Over Time

Items where disclosed information changed across documents.

Bond types covered under framework
2018 Green bonds
2018 Green Finance
2020 Green Finance Framework
2021 Sustainability-Linked Bond
Eligible use-of-proceeds categories
2018 Environmental performance improvements of buildings/landscapes and communities
2018 Green Buildings, Energy Efficiency and Renewable Energy, Water Management, Waste Management, Climate Change Adaptation
Alignment with UN Sustainable Development Goals
2018 Framework developed in reference to United Nations Sustainable Development Goals
2020 SDGs 7, 11, and 15
2021 SDG 7 and SDG 11
Alignment with ICMA Green Bond Principles
2018 Aligns with Green Bond Principles 2017
2020 Aligns with four core components of Green Bond Principles 2018
Second Party Opinion (SPO) provider name and assessment date
2018 Sustainalytics, March 2018
2020 Sustainalytics, September 2018
Project evaluation and selection process description
2018 Executed through a 'Green Finance Review Panel'
2020 Executed through 'Green Finance Review Panel' with final approval by Chairperson of Group Sustainability Steering Committee. Environmental targets assessed against benchmarks and energy performance data assessed by third-party auditor.
Management of proceeds approach
2018 Register of 'Funding Transactions' under the Green Finance Framework with relevant transaction and allocation information
2020 Maintains register of 'Funding Transactions' with relevant transaction and allocation information, in line with market practices
Reporting commitments under framework
2018 Energy consumption reduction (kWh), carbon emissions reduction (tonnes of CO2e), water consumption reduction (m3)
2020 Annual allocation and impact reporting, with allocation reporting externally verified by third-party auditor