NewWorld Development Company Limited
CORPORATE SUSTAINABILITY
64
ENVIRONMENTAL
SUSTAINABILITY
A life-cyclemodel for
sustainable property
development was
developed to ensure
that sustainability
considerations are
addressed froma holistic
perspective.
Planning / Land Acquisition
Due considerations are given to sustainability issues when planning new
development projects, such as conservation, neighbourhood community,
heritage preservation, etc.
Design
In addition to bespoke design and craftsmanship which are key signatures
of new developments, environmental considerations also form an integral
element of new projects. During the year under review, 98% of the Group’s
development projects in Hong Kong (hereafter in terms of total gross floor
area) have applied for green building certifications (BEAM or BEAM Plus), a
significant improvement from 62% in 2010.
Tendering / Construction
As a responsible developer, New World Group actively seeks to work with
suppliers who value and act on the principles of sustainable development.
Sustainability performance is evaluated during the supplier and contractor
selection process for development projects.
Sales and Marketing / Leasing
The Group also places emphasis on influencing stakeholders downstream in
the value chain. Guidelines are issued to new commercial and retail tenants
detailing best practices in sustainability considerations, renovation and daily
operations of offices and retail shops.
Handover
A paperless Defects Management System Apps were introduced for handover
of new residential properties to ensure an environmentally-friendly and efficient
handover process.
Post-Handover Operations
Continuous improvements on sustainability performance are implemented
throughout the life cycle of a development. For example, various measures
introduced to the K11 Art Mall resulted in a carbon emission reduction of
approximately 20% in FY 2013/2014 compared to FY 2010/2011. The K11
Art Mall’s all-round environmental performance was recognised with a Silver
Award in the Property Management sector of the prestigious Hong Kong
Awards for Environmental Excellence.
Re-modelling / Re-development
Any re-modelling/re-development projects will undergo a vigorous process
comparable to new projects to ensure sustainability considerations are
incorporated throughout the new life cycle.