New World Development and 23 Subsidiaries Awarded Caring Company Logos

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New World Development and 23 Subsidiaries Awarded Caring Company Logos

New World Development Company Limited (“New World Group” or “the Group”; Stock Code: 17.HK) and its 23 subsidiary companies today attained the 2014/15 Caring Company logos from the Hong Kong Council of Social Service (HKCSS) for their outstanding corporate social responsibility performance during the past year. It marks a milestone with New World Development and 12 of its subsidiaries being awarded the 10 Years Plus Caring Company logos. (Details as shown in the table below)

Focusing on the development of the community, its staff and the environment, New World Group strives to create a harmonious community for the betterment of Hong Kong. The Group is dedicated to improving social mobility of under-resourced youths through corporate sustainability initiatives. The Group also encourages its staff to take part in voluntary work and purchases products and services delivered by social enterprises.

The New World Group Charity Foundation was established in 2011 to support charities and worthy causes. Launched in 2012, the New World Springboard sustainable community programme inspires under-resourced youths to embrace challenges with an indomitable spirit and make contributions to society. The Group also title sponsored major sporting events, including New World Harbour Race and New World International Triathlon, to promote a healthy lifestyle among the public. Family-friendly measures were also introduced to extend the Group’s care to employees’ family members. The Group publishes annual sustainability report to demonstrate its commitment to building a sustainable future with stakeholders. During 2014, it scooped over 40 accolades for excellence in corporate governance, community and people development.

Organised by HKCSS, the Caring Company Scheme encourages the business sector to develop strategic partnership with social service organisations in support of the people in need.

Group companies winning the Caring Company honours:

10 Consecutive Years Caring Company Logo

New World Development Company Limited
NWS Holdings Limited
New World First Bus Limited
New World First Ferry Services Limited
New World Telecommunications Limited
New World TMT Limited
Citybus Limited
Hip Hing Construction Limited
Hong Kong Convention and Exhibition Centre (Management) Limited
Sky Connection Limited
Urban Parking Limited
Grand Hyatt Hong Kong
Renaissance Harbour View Hotel

5 Years Plus Caring Company Logo

New World Strategic Investment Limited
K11 Concepts Limited
Vibro (HK) Limited
Vibro Construction Co Ltd
Anway Limited
Hyatt Regency Hong Kong, Tsim Sha Tsui

Caring Company Logo

New World China Land Limited
New World Department Store China Limited
New World Facilities Management Company Limited
Discovery Park Commercial Services Limited
Hyatt Regency Hong Kong, Sha Tin

Barrier-free Companies

New World First Bus Limited
New World First Ferry Services Limited
Citybus Limited

 

New World Development Company Limited

Founded in 1970, New World Development Company Limited (“New World Group”, Stock Code: 17.HK) was publicly listed in Hong Kong in 1972 and is a constituent stock of the Hong Kong Hang Seng Index. A diversified holding company with a focus on property development, New World Group’s core business areas include property development, infrastructure and service, department stores and hotels. As at 31 December 2014, the total asset value of the Group amounted to HK$378.5 billion.

As at 30 June 2014, the Group has an effective interest of approximately 61.3% in NWS Holdings Limited (Stock Code: 659.HK), approximately 69.7% in New World China Land Limited (Stock Code: 917.HK) and approximately 72.3% in New World Department Store China Limited (Stock Code: 825.HK).