Life Cycle Approach to Sustainable Property Development

Written by karenlau On the

As property development is one of its core businesses, New World Group strives to be a community builder and is committed to minimising potential environmental impacts of its projects as far as practicable. A life cycle approach model for sustainable property development is developed to enhance understanding of sustainable issues throughout the development process and facilitate communication by various internal and external stakeholders from a holistic perspective. With a focus on environmental issues, the model also addresses community and staff issues.

In addition to delivering quality properties as its prime objective, New World Group also recognises the importance of the environmental sustainability of its products. The Group is committed to achieving BEAM Plus or LEED certification rating for all its new projects in Hong Kong as far as practicable. For development projects in Hong Kong, 87% (as of June 2014) of the total gross floor area has applied for green building certification (BEAM or BEAM Plus), which is a significant improvement from 62% in 2010.