New World Development Co Ltd
New World Development's GHG Emissions Data Preview
In 2023, New World Development completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
New World Development has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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Verified Sources Behind New World Development’s Greenhouse Gas (GHG) Emissions Data
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Insights into New World Development's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of New World Development amounted to 117,353 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a
Compared to 2022, the total operational greenhouse gas (GHG) emissions of New World Development decreased by 55.78%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
New World Development's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are New World Development's Scope 1 emissions?
In 2023, the total Scope 1 emissions of New World Development were 8,024 metric tons of CO₂ equivalent (tCO₂e). a
Has New World Development reduced its Scope 1 emissions over time?
Since 2021, New World Development's Scope 1 emissions have decreased by 81.09%, reflecting a declining long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), New World Development's Scope 1 emissions decreased by 82.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are New World Development's Scope 2 emissions?
In 2023, New World Development reported Scope 2 greenhouse gas (GHG) emissions of 109,329 tCO₂e without specifying the calculation method. a
Has New World Development reduced its Scope 2 emissions over time?
Since 2021, New World Development's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 57.17%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), New World Development's Scope 2 emissions (Unspecified Calculation Method) fell by 50.16% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a
What methodology does New World Development use for Scope 2 reporting?
In 2023, New World Development reported its Scope 2 emissions using an unspecified methodology. a
New World Development's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into New World Development's Value Chain Emissions
In 2023, New World Development reported 759,472 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a
The 2023 disclosure of New World Development includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
New World Development's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are New World Development's Scope 3 emissions?
In 2023, New World Development reported total Scope 3 emissions of 759,472 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 63.06% of these emissions originated from upstream activities such as purchased goods and capital goods, while 36.94% came from downstream activities like product use, distribution, and end-of-life treatment. a
What categories of Scope 3 emissions does New World Development disclose?
In 2023, New World Development reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of New World Development's Scope 3 emissions?
In 2023, the largest contributors to New World Development's Scope 3 emissions were: a
- Capital Goods (Cat. 2): 418,746 tCO₂e (55.14%)
- Use of Sold Products (Cat. 11): 133,153 tCO₂e (17.53%)
- Investments (Cat. 15): 97,333 tCO₂e (12.82%)
New World Development's Scope 3 Emissions by Categories
Insights into New World Development's Total Carbon Footprint
In 2023, New World Development reported a total carbon footprint of 876,825 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 230.41% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to New World Development's total carbon footprint was Scope 3 emissions, accounting for 86.62% of the company's total carbon footprint, followed by Scope 2 emissions at 12.47%. a