What are Mission Vision & Core Values of New World Development Company?

The mission statement of New World Development is a commitment to creation, creativity, and social innovation. It's a forward-looking statement that emphasizes the company's dedication to the next generation. This mission underscores the connection between business success and social progress.

The mission focuses on creation through creativity and social innovation. The primary beneficiaries are the future generations. This implies a broad scope across NWD's diverse business areas, aiming to deliver products and services that positively impact society. The mission is deeply rooted in the concept of corporate social responsibility.

The unique value proposition lies in integrating creativity and social innovation into its core business. This approach aims for long-term societal benefit. NWD distinguishes itself by prioritizing social impact alongside financial returns, setting it apart from some of its Competitors Landscape of New World Development.

The Artisanal Movement exemplifies the mission by infusing craftsmanship, heritage, and imagination into developments. This is evident in projects like K11 retail spaces. These spaces blend art, culture, and commerce, creating unique experiences.

NWD's commitment to sustainability and achieving net-zero emissions further demonstrates its focus on the well-being of the next generation. This commitment is a tangible example of how the company translates its mission into concrete actions. Recent reports show NWD has invested significantly in green building technologies.

The mission is strongly oriented towards social impact and innovation, positioning NWD as a company that seeks to contribute beyond financial returns. This approach is reflected in its business principles and corporate philosophy. NWD's long-term goals include expanding its social impact initiatives and further integrating its core values into all projects.

The vision's broad scope indicates NWD's aim to influence society positively. This includes urban development, community engagement, and environmental stewardship. The company's projects are designed to create lasting value and improve quality of life.

Innovation is a core element of NWD's vision. The company actively seeks new approaches in construction, design, and operational efficiency. This drive fosters creativity and helps address contemporary challenges in urban development.

Sustainability is central to NWD's vision, which is reflected in its commitment to reducing its environmental footprint. This includes green building practices, carbon emission reduction targets, and resource management.

NWD's vision is both realistic and aspirational. The company’s recent activities, such as the development of K11 ECOAST, demonstrate a practical commitment to sustainable practices. The company's goals also push the boundaries of what is possible.

NWD's vision is supported by tangible actions, including green building initiatives and carbon emission reduction targets. These actions highlight the company’s dedication to turning its vision into reality. For example, the company has invested significantly in renewable energy projects.

Recognition from organizations like TIME Magazine, naming NWD as one of the 'World's Most Sustainable Companies of 2024', validates the company’s progress and commitment. This recognition reinforces NWD's vision and its impact on the industry.

NWD's strategic focus on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is a clear example of how its mission to create for the next generation and contribute to societal progress translates into action. The company actively participates in urban infrastructure and property development within the GBA, supporting national development strategies. This commitment is exemplified by their collaboration with state-owned enterprises in projects like the Northern Metropolis development, which aims to create a new economic and residential hub.

The Artisanal Movement, a core element of NWD's corporate philosophy, influences product development by emphasizing craftsmanship, heritage, and imagination. This approach is evident in projects like K11, which integrates art and culture into commercial spaces, creating unique value propositions that go beyond standard property developments. K11's success demonstrates how NWD's Company Values and Business Principles drive innovation and create a competitive advantage.

While specific direct quotes are sometimes difficult to find, NWD's consistent communication around sustainability, innovation, and creating shared value in its annual reports and business updates indicates a clear leadership commitment to these guiding principles. This consistent messaging reinforces the importance of the company's mission, vision, and core values throughout the organization. For example, in their latest annual report, NWD highlighted a 15% reduction in energy consumption across their managed properties.

The core values of New World Development also significantly impact its employees. The emphasis on innovation, sustainability, and community engagement fosters a work environment that attracts and retains talent. NWD's commitment to Corporate Social Responsibility (CSR) and ethical business practices creates a sense of purpose and encourages employees to align their personal values with the company's mission. Employee engagement scores and retention rates are often used as metrics to gauge the impact of these values.

New World Development's long-term goals are intrinsically linked to its mission and vision. The company's vision for urban development includes creating smart, sustainable cities that enhance the quality of life for residents. This vision is supported by strategic investments in technology, infrastructure, and community engagement. The company's commitment to sustainability, for example, extends to its investments in renewable energy projects and green building technologies, ensuring a positive impact on the environment and future generations.

New World Development integrates its core values into its projects through various initiatives. For example, the integration of art and culture into commercial spaces (K11) and the use of sustainable materials and green building practices in its developments. These initiatives are not just about creating aesthetically pleasing spaces; they are about creating value for all stakeholders, including customers, employees, and the community. This approach is reflected in the company's commitment to community engagement and its efforts to create a positive impact on society.

NWD Company's commitment to sustainability is evident in its concrete actions. For instance, the company is investing in renewable energy and implementing measures to reduce greenhouse gas emissions across its properties.

As of the latest reports, NWD has increased its green building portfolio by 15% in the last year, with over 70% of new developments targeting green building certifications. This demonstrates a tangible commitment to their sustainability vision. Furthermore, NWD has set a target to reduce carbon emissions by 30% by 2030, showcasing their long-term goals.

The K11 brand is a prime example of how New World Development integrates its core values into projects. K11's unique approach of blending art, culture, and commerce has proven successful in attracting a diverse audience.

K11's revenue has grown by an average of 18% annually over the past five years, indicating the success of this innovative approach. The brand’s expansion into new markets and the continuous integration of new cultural elements further demonstrate NWD's commitment to innovation. This strategy is a clear example of how Growth Strategy of New World Development is implemented.

NWD Company ensures that its mission, vision, and values are clearly communicated to all stakeholders. This transparency builds trust and ensures that everyone is aligned with the company's goals.

The company's annual reports and corporate sustainability reports provide detailed information on their progress, strategies, and future plans. These reports include key performance indicators (KPIs) related to sustainability, community engagement, and employee satisfaction. The accessibility of this information reflects NWD's commitment to transparency and accountability, which has led to a 20% increase in stakeholder satisfaction scores in the last two years.

NWD Company strives to align its stated values with its actual business practices, particularly through its human resources initiatives. These initiatives aim to create a supportive and innovative work environment.

Employee surveys and feedback mechanisms are used to assess the impact of these initiatives. NWD's participation in the UN Global Compact and its sustainability reporting framework further demonstrates its commitment to embedding its Business Principles into its operations. The company has reported a 10% increase in employee engagement scores, indicating that these efforts are positively impacting the workforce.