Sustainable buildings is gaining momentum in Asia. One property developer that is leading in creating sustainable solutions to property projects is New World Development Company.
The Hong Kong-based developer has rolled out its sustainability and green framework, the “New World Sustainability Vision 2030”, aimed at enriching the artisanal living experience with products and initiatives that promote environmental protection, wellness, technology adoption and care for community stakeholders.
New World Development had taken out Hong Kong’s first green loan early last year, raising HK$3.6 billion (US$458.8 million). In November, its mainland China property arm, New World China Land, has issued a US$310 million green bond, which was oversubscribed.
Ellie Tang, head of sustainability at New World Development Company, explains the thinking behind the company’s green initiatives and offers advice for companies that want to create better businesses by making sustainable investments.