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New World Development

New World Developmentis a publicly listed company headquartered in Hong Kong SAR, China. In 2022 its revenue was USD 8.78 billion. New World Development is focused on department stores, hotels, property, infrastructure and services. Its business includes property development, property management and construction.

Ranking position
#16 /50
Total score
29.9 /100

25.3 /60
Core social indicators
4.0 /20
Just transition
0.6 /20

ACT score components

Performance score
6.7 /20
Narrative Score
Trend Score
  • Trend line is up
  • Trend line is equal
  • Trend line is down
Performance module name Performance module score Rank


#1 27.5 /100 #13

Material investment

#1 0.0 /100 #14

Intangible investment

#1 0.0 /100 #3

Sold products

#1 0.0 /100 #2


#1 53.9 /100 #8

Supplier engagement

#1 38.8 /100 #13

Client engagement

#1 53.8 /100 #6

Policy engagement

#1 76.0 /100 #1

Business model

#1 87.5 /100 #1
Indicates the score for the top performing company.

ACT assessment

Leading practice

Risks and opportunities


NWD receives a trend score of =. If the company were reassessed in the near future, its score would likely remain the same. The company has developed science-based, short-term targets and is investing in renewable energy sources for its rental portfolio. Further, NWD has conducted scenario testing, including a low-carbon economy scenario and intends to formalise a transition plan within the next two years. Currently, the company does not disclose sufficient emissions intensity or floor area data. However, NWD has backed disclosure initiatives in Hong Kong, suggesting its reporting may improve in the future.

Progress towards the Paris Agreement

Social assessment

Just transition assessment

Core social assessment

More about the company

Hong Kong, Hong Kong, China
Publicly listed
USD 8,775,000,000

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000