Annual Report 2016
57
Co r po r a t e Su s t a i nab i l i t y
SUSTAINABILITY MANAGEMENT STRUCTURE
The following structure is established to facilitate effective communication of sustainability issues within New World Group.
Group Sustainability
Steering Committee
Group Green
Taskforce
•
Set sustainability policies and objectives
•
Provide strategic directions of Group’s sustainability programmes
•
Day-to-day execution of sustainability programmes e.g. data collection
•
Exchange best practices between members from NWD, NWCL, NWDS
and NWSH
The Group Sustainability Steering Committee, led by members of the NWD management team, is responsible for setting direction and
ensuring consistency among business units on environmental and social issues. The Group Green Taskforce, which comprises members
from NWD, NWCL, NWDS and NWSH, integrates sustainability policies into the Group’s businesses, monitors sustainability performance and
shares best practices among the business units. Under the Group’s direction, the subsidiaries have their own sustainability initiatives and
would disclose their Environmental, Social and Governance (ESG) information against the ESG Reporting Guide issued by the Hong Kong
Exchanges and Clearing Limited (HKEx).
Group Sustainability Policy
Our Belief
In order to achieve long-term sustainable growth, NewWorld Group is committed to minimising the potential
environmental impacts and improving the quality of the communities where we operate while providing a reasonable
return to our investors at the same time.
We strive to
• exceed statutory requirements in relation to sustainability issues
• engage our stakeholders and develop mutual communication on our sustainability performances
• minimise the potential environmental impacts of our projects as far as practicable
• enhance the quality of life for the communities where we operate
• provide a safe working environment for our employees and inspire them to grow with the Group
• influence our supply chain to share our belief with regard to corporate sustainability
• continuously improve our sustainability performance through monitoring and reporting
IMAGINATION
The Artisanal Movement is inextricably linked to sustainability as it embodies the care, creativity and foresight that go into
all of the properties we manage and develop. The Artisanal Movement, however, is more than about arts and craftsmanship,
or branding. It is a set of beliefs that governs everything we do with regard to our stewardship of the environment, our
treatment of employees, our relationships with supply chain partners and our contribution to society. The Artisanal
Movement also places a strong emphasis on lifestyle and the customer experience. We attempt to provide customers with
products and services of the highest quality and have established systems to gauge customers’ feedback and monitor
quality. It is the heart and soul of NWD’s approach to sustainability.
About This Section
The content of this section covers the period from 1 July 2015 to 30 June 2016, in alignment with our financial reporting year.
The scope of this section is illustrated in the scope diagram below. For information on our corporate governance structure,
please refer to the relevant section of this Annual Report.
