Annual Report 2016
73
Co r po r a t e Su s t a i nab i l i t y
CONTEMPORARY
Sustainability is about staying relevant and evolving in response to stakeholder trends. We see opportunities to address
sustainability in a more holistic way. While we remain committed to greening our own operations and supporting under-
resourced individuals in the community, we will also make a greater effort to explore future applications of innovative
technologies and to promote artisanal living among the general public.
Meeting the Challenges of Sustainability
Although we have reached many milestones in our sustainability journey, we recognise that there are challenges yet to be
overcome. These challenges include minimising the environmental impacts of our operations, particularly among our staff,
tenants, supply chain partners; enhancing our relationships with NGOs and the community; and establishing a stronger link
between our brand and the core values of The Artisanal Movement.
Environmental Impacts
To maintain our position in the market, we understand that we should include more green elements in our development
projects as this will promote NWD’s reputation as a sustainable company. Our goal is to have the New World brand become
firmly associated with pioneering sustainability programmes in the property development industry.
We seek green building certifications for our property projects where practicable. To showcase green lifestyles and
technology, we have also undertaken experiments such as “The Green Atrium” and will continue to explore innovative
approaches through our projects, services, and partnerships that motivate behavioural change and contribute to a more
sustainable future.
To ensure our future projects are sustainable, we will continue to insist on using green materials to meet the requirements
of BEAM Plus, including the use of FSC-certified wood, premixed concrete and prefabricated components, in order to reduce
construction risk and wastage.
Making greater use of BIM to manage building performance from the planning through to the operational stages will further
enable us to build more sustainably.
We will also encourage sustainability practices among our tenants, by providing advice and shared recycling facilities in our
offices and retail malls. To achieve this, we will promote collaboration along the property supply chain in order to determine
what kinds of ESG services and facilities are suitable for our leased properties.
When our tenants renovate their premises, we provide them with our Green Fitting-out Guides for Office/Shop Tenants
(formerly known as “A Guide to Sustainable Office for Office Tenants” and “Green Guide for Shop Tenants”) for their
reference. In some cases, we will also share our sustainability vision, technology and experience with tenants to educate
them on the cost advantages of following ESG practices and how these will promote their brands.
To raise knowledge of sustainability among our staff, we will engage with them on the importance of reducing waste and
energy consumption in our properties. Additionally, we will continue to invite suggestions on improving sustainability
through our Innovation Lab and Incubation Circle.
Working with NGOs & the Community
While we currently enjoy good relationships with NGOs, we believe there are opportunities to deepen our engagement with
them and to work together more constructively. We have already achieved some success in this respect by making use of
the expertise and networks of our NGO partners to build green communities and improve the social mobility of the under-
resourced in order to demonstrate where we are headed on our sustainability journey.
