New World Group led the Hong Kong Green Building Council (HKGBC) Green Building Award 2021 – also known as the “Oscars” of the Hong Kong real estate world – winning nine awards and accolades, including the prestigious Pioneer Award in the Green Building Leadership category among developers, won by New World Development. The awards showcase New World Group’s excellence in ESG integration and its leading role in creating highly liveable environments, as it gains international recognition for its commitment to advancing sustainable development.
One of the industry’s leading award ceremonies, the Green Building Award 2021 is jointly organised by the HKGBC and the Professional Green Building Council (PGBC). It recognises architectural projects that are leading the way in the sustainable development of the built environment.
New World Development has long been committed to advancing sustainable development. In 2018, it set its “New World Sustainability Vision 2030” (SV2030), which references the United Nations Sustainable Development Goals (UN SDGs) and guides the development of its products, services and cultural experiences under four main pillars: Green, Wellness, Smart and Caring. Using Fiscal Year (FY) 2015 data as the baseline, SV2030 set group-wide Green targets to reduce carbon emissions and energy intensity by 50% by FY2030 to meaningfully address climate change.
In addition, New World Development is in full support of the Task Force on Climate-related Financial Disclosures (TCFD), taking progressive action to improve the resilience of its operations and assets to climate change. It is also the third real estate company in Asia to have committed to Business Ambition for 1.5°C, a global call to action from the United Nations to mitigate the impact of climate change and help limit global warming to 1.5°C.
The biennial HKGBC Green Building Award is one of the most reputable events in the architecture and construction industries. This year, under the theme “Shaping Liveability • Excellence in Sustainable Built Environment”, it received a record 100 nominations. A jury panel consisting of over 30 local and international judges representing different industries and disciplines conducted a meticulous judging process and selected the winners in each category.