New World Development Co Ltd

Common Name
New World Development
Country
Hong Kong
Sector
Real Estate
Industry
Real Estate - Diversified
Employees
10,500
Ticker
17
Exchange
HONG KONG EXCHANGES AND CLEARING LTD
Description
New World Development Company Limited, an investment holding company, operates in the property development and investment business in Hong Kong and Mainland China. Its property portfolio includes resi...

New World Development Waste Data Preview

In 2023, New World Development conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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0000000
Total Waste Recovered
0000000
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0000000
Total Hazardous Waste Generated
0000000
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0000000
Non-Hazardous Waste Disposed
0000000
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into New World Development's Waste Treatment Practices

In 2023, New World Development generated a total of 70,826 metric tonnes of waste.

Of this amount, 56.67% of New World Development's total waste generated was recovered through methods such as recycling, reuse, or composting, while 43.32% was disposed of through landfilling, incineration, or combustion.

New World Development's Waste Recovery Rate

57%

How much of New World Development's waste is recycled or recovered?

In 2023, New World Development reported a total waste generation of 70,826 metric tonnes, of which 56.67% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that New World Development is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has New World Development reduced its environmental waste footprint over time?

Since 2021, New World Development's total waste generation decreased by 94.05%, including a further 91.7% drop in 2023, highlighting a consistent and deliberate reduction in waste production over time.

Over the same period, New World Development's waste recovery rate declined by 36.06%, with a further 23.39% drop in 2023, underscoring a weakening in waste diversion performance and a potential drift away from circular waste strategies.

Overall, while New World Development has successfully reduced its total waste generation, its waste recovery efforts have also declined. This pattern could suggest a shift in strategy away from circular treatment methods or a lag in recovery infrastructure development.

New World Development’s Waste Recovery vs. Disposal Over Time

2021202220230300 k600 k900 k1.2 Mtonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into New World Development’s Generation of Hazardous and Non-Hazardous Waste

In 2023, New World Development generated a total of 70,826 metric tonnes of waste.

Of this amount, 0.01% of New World Development's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 99.99% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

New World Development’s Hazardous vs Non-Hazardous Waste Over Time

2021202220230300 k600 k900 k1.2 Mtonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How New World Development reduced the environmental impact of its waste?

Since 2021, New World Development's total waste generation decreased by 94.05%, with an additional 91.7% decline in 2023, suggesting a consistent and deliberate effort to minimize waste generation at the source.

Over the same period, the share of hazardous waste in New World Development's total output increased by 2,204.84%, including a further 1,945.75% rise in 2023, suggesting a troubling upward shift toward more environmentally harmful waste streams that could raise compliance costs and environmental risks.

Overall, New World Development's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

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