As of 2025, New World Development has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into New World Development's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 3 - Capital Goods (Cat. 2) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. | 2030 |
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | 0000000 | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Capital Goods (Cat. 2), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature. | 2050 |
Intensity-based Target* | Scope 3 - Downstream Leased Assets (Cat. 13) | Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) | 0000000 | 2030 |
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As of 2025, New World Development has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab
As of 2025, New World Development has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.ab
New World Development's most ambitious operational target is to reduce these emissions by 42% by 2030, compared to a baseline of 166,946.201 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.ab
As of 2025, New World Development is lagging behind on its operational emissions reduction target, having achieved 23.45% of the planned reduction.ab
As of 2025, New World Development has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol.ab
New World Development's most ambitious value chain target is to reduce these emissions by 51.6% by 2030, compared to a baseline of 0.094 Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2) in 2023.ab
As of 2025, New World Development is ahead of schedule on its value chain emissions reduction target, having achieved 95.16% of the planned reduction.ab