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New World Development Announces Approval of Near-Term 1.5C Aligned Science Based Targets and Commitment to Net-Zero - Vimarsana News

New World Development Announces Approval of Near-Term 1.5C Aligned Science Based Targets and Commitment to Net-Zero

HONG KONG, June 24, 2022 /PRNewswire/ -- New World Development Company Limited ("NWD", the "Company" or the "Group", Hong Kong stock code: 00017) announced today that the Company has become the third real estate developer in Asia to receive the Science Based Targets initiative's (SBTi) approval of its near-term 1.5C aligned science-based targets (SBTs) and commit to the SBTi Net-Zero Standard, which will include setting long-term company-wide emission reductions in line with reaching science-based net-zero by 2050. Continuing its commitments to the Business Am...