New World Development Company Limited
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Co r po r a t e Su s t a i nab i l i t y
NWD’s Sustainability Team assessed these issues based on three criteria: (i) their impact on our ability to achieve NWD’s
business strategy; (ii) the level of concern expressed by external stakeholders and; (iii) the degree to which NWD can
influence these issues.
We then consolidated and grouped all of these issues under categories relevant to our business. The next step will be to
integrate ESG matters into our Risk Management framework as part of our ongoing strategic planning.
Issues for Materiality Assessment
Since the current reporting period is a transitional year for NWD, the following framework is being used as part of our wider
focus of stakeholder feedback, industry trends and local Hong Kong related issues. Our intent is to build upon this framework
in upcoming reporting cycles.
Issues identified by
external ratings
& reporting
frameworks
Risks identified by
internal & external
stakeholders
Reported material
issues by peers
Issues reported
by global &
multilateral
organisations
Research &
trends analyses
Long list of issues facing the industry
List of convergent material issues
NWD Materiality Assessment
Consolidate & group in relevant categories
Align with NWD‘s business priorities
The process of identifying and prioritising material issues, as recommended by our third-party consultant (The Purpose
Business)
Next Steps
All issues identified by stakeholders are fed into a materiality analysis-and-check process and, where applicable, categorised
into related groupings. Following this, issues will be subjected to a materiality check by our management and relevant
departments and business units for prioritisation.
