New World Development Co. Ltd.
Industry Group: Real Estate
Country/Region: Hong Kong
Identifier: HKG:17
New World Development is the listed property arm of Chow Tai Fook, owned by the Cheng family. Chow Tai Fook owns a 45% stake in NWD, which mainly engages in residential property development and investment properties of retail malls and offices in Hong Kong and mainland China. NWD also develops high-end hotels across Hong Kong, mainland China and in Southeast Asia. Additionally, NWD holds a 75% interest in New World Department Store China, which operates 24 department stores in mainland China.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Real Estate 379 out of 1009
Universe
Global Universe 1857 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| New World Development Co. Ltd. |
15.4
Low
|
379 out of 1009 |
| Sime Darby Property Bhd. |
18.4
Low
|
591 out of 1009 |
| Zug Estates Holding AG |
20.8
Medium
|
719 out of 1009 |
| Airport City Ltd. |
24.4
Medium
|
878 out of 1009 |
| Y. H. Dimri Building & Development Ltd. |
26.7
Medium
|
945 out of 1009 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for New World Development Co. Ltd.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted New World Development Co. Ltd.'s ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
