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19 Apr

New World Group and its 20 group companies are awarded as Caring Companies

Dedicated to becoming model corporate citizens

New World Development Company Limited ( "NWD", "New World Group" or the "Group", Hong Kong stock code : 17) and its 20 group companies are awarded the 2010/11 Caring Company Logo by the Hong Kong Council of Social Service today, recognizing their contribution to and outstanding performance in corporate social responsibility during the past year.

The group companies receiving the distinction are:

New World Development Company Limited
NWS Holdings Limited
K11 Concepts Limited
New World Strategic Investment Limited 
New World Telecommunications Limited
New World TMT Limited
Grand Hyatt Hong Kong
Renaissance Harbour View Hotel
Hyatt Regency Hong Kong, Tsim Sha Tsui
Hong Kong Convention and Exhibition Centre (Management) Limited
Sky Connection Limited
Anway Limited
Hip Hing Construction Limited
Vibro (HK) Limited
Barbican Construction Company Limited
New World First Bus Limited
Citybus Limited
New World First Ferry Services Limited
New World First Ferry Services (Macau) Limited
CiF Solutions Limited
Urban Parking Limited

New World Group has been paying full effort in contributing to the society and actively participating in and supporting various activities of environmental protection, youth development and cultural exchange between Mainland China and Hong Kong, dedicated to building a harmonious society and cultivating talents for the community.

Since 2008, the Group has shown its continual support to "New Youth New World" Summer Internship Programme jointly organized by Hong Kong United Youth Association and more than 20 other organizations. Around 600 students were granted the opportunities to work as interns in Mainland China since then. In 2010, the Group fully supported the first "New Youth New World" Exchange Programme furthering its persistence in nurturing young talents. Exchange opportunities were provided to over 70 outstanding Mainland students to experience the Hong Kong life and culture. Besides, to encourage academic breakthrough of Mathematics students, the Group fully supported the second "New World Mathematics Awards" with an aim to encourage outstanding mathematics undergraduates, masters and PhD students of Chinese descendant to continue doing academic researches.

As a responsible corporate citizen, New World Group actively contributes to environmental protection. The Group has established the Group Environmental Committee, leading various group companies to actively formulate environmental targets and implement green measures in business. To coincide with United Nations World Environment Day on 5 June, the Group organized the first "New World Green Week" in 2010 with "carbon reduction" as the theme, dedicated to raising the environmental awareness of public and the staff. The Group also demonstrates its commitment to carbon reduction and environmental protection through continual support to "Earth Hour" organized by WWF. Various properties of the Group in Hong Kong and Mainland China turned off the lightings for an hour during the event.

To serve our community and the nation, the Group has established three volunteer teams in Hong Kong and Mainland China. Established in 2010, the "Green New World Volunteers" aims at encouraging staff members to focus on environmental issues and build an ideal community together. The Group has also organized sports and recreational activities as well as training programmes regularly to create a harmonious and ideal working environment for its staff.