Hong Kong’s New World Development pledges to ditch coal as part of ESG targets

Jan 18, 2022

One of Hong Kong's biggest family firms, New World Development, plans to beef up its ESG vision, leading the way for other family offices and family firms in the region.

Hong Kong’s New World Development pledges to ditch coal as part of ESG targets

One of the largest foreign direct investors in mainland China, Hong Kong developer New World Development Company, has pledged to divest from coal mines and coal-fired power plants as part of its ESG targets.

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