New World Group fully supports Earth Hour 2010

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New World Group fully supports Earth Hour 2010

New World Development Company Limited ( "NWD", "New World Group" or the "Group", Hong Kong stock code : 17) today announces its official support to Earth Hour 2010, a worldwide climate awareness campaign staged by WWF on 27 March 2010, demonstrating the Group's commitment to carbon reduction and environmental protection. 

On 27 March 2010, more than 100 companies/ hotels/ buildings/ construction sites in Hong Kong, Macau and Mainland China under New World Group or its management will join hundreds of millions of people all over the world in either turning off or dimming lights at 8:30 pm for one hour. These will include Group's significant buildings and premises such as Hong Kong Convention and Exhibition Centre, Avenue of Stars and The Masterpiece in Hong Kong, and Shanghai Hong Kong New World Tower in Mainland China. 

The group companies/ buildings/ hotels/ construction sites under NWD or its management participating in Earth Hour 2010 include: 

Hong Kong and Macau 
- New World Development Company Limited 
- NWS Holdings Limited 
- AOS Management Company Limited 
- Discovery Park Commercial Services Limited 
- Grand Hyatt Hong Kong 
- Hip Hing Construction Company Limited and its 28 construction sites in Hong Kong and Macau 
- Hyatt Regency Hong Kong, Sha Tin 
- Hyatt Regency Hong Kong, Tsim Sha Tsui 
- Hong Kong Convention and Exhibition Centre (Management) Limited 
- K11 Concepts Limited 
- Kiu Lok Service Management Company Limited – The Masterpiece 
- KLPS Group Limited 
- New World Facilities Management Company Limited and Youth Square 
- New World Insurance Management Limited 
- Urban Group 
- Urban Property Management Limited and 42 commercial buildings or residential projects under its management throughout Hong Kong 

Mainland China 
- Anshan New World Department Store 
- Beijing New World Centre Phase I 
- Beijing New World Centre Phase II 
- Beijing Xi Cheng Commercial Building 
- Beijing Xin Yu Commercial Centre 
- Changsha New World Trendy Plaza 
- Dalian New World Plaza 
- Guangzhou Central Park-view 
- Guangzhou New World Times Centre 
- New World Hotel Shenyang 
- Tianjin New World Plaza 
- Shanghai Hong Kong New World Tower 
- Shunde New World Centre 
- Wuhan New World Centre 
- Wuhan New World Department Store - Xudong Branch Store 
- Wuhan New World International Trade Towers 
- Wuhan New World Trendy Plaza 

"We are pleased to take part in Earth Hour 2010," said Mr Adrian Cheng, Executive Director of New World Group. "As an environmentally conscious company and a leader in corporate social responsibility, we fully recognize the urgency of the challenges arisen from the global climate change, and are strongly committed to raising public awareness on tackling the change and urging the public to reduce carbon emissions.” 

The Group believes that collaborative efforts are essential to inspire positive change for the environment. Residents and tenants of the properties managed by the Group and guests in the some of the hotels under the Group are encouraged to show their support by turning off the lights in their premises or guestrooms respectively. Apart from spreading the message of turning off the lights for one hour, New World Group has encouraged its staff members and their families to live a low carbon life by eating less meat, using less disposable dining utensils and reducing shower time. 

Mr Cheng added, "In order to promote environmental protection, in addition to our support to Earth Hour, we have established a Group Environmental Committee responsible for formulating green objectives, driving to materialize our Group Environmental Policy and promoting environmental protection both internally and externally. Our various business arms have initiated various programmes in promoting green office, green operation and green community, and are pursuing ways for continuous improvement. The environment has played a key role in our corporate social responsibility planning, and we will pay more efforts in the area." 

Earth Hour is an initiative on climate change initiated by WWF in Sydney in 2007, and has developed into a global climate awareness campaign in the past two years. In 2009, around one billion people from more than 4,000 cities in 88 countries, including Hong Kong, Macau and cities in China, participated in this call for global action on climate change.