Share this article Share this article HONG KONG, March 1, 2021 /PRNewswire/ -- New World Development ("NWD" or "the Company") has committed to the Business Ambition for 1.5°C, a global call to action from the United Nations as well as business leaders for climate change mitigation under the Paris Agreement. NWD is one of 14 real estate companies globally, and the third in Asia, to have committed to setting science-based targets (SBT) that would help limit global warming to 1.5°C. SBT provide companies with a clearly-defined path to reducing emissions in line with the Paris Agreement goals, aiming to mitigate the worst impacts of climate change and future-proof businesses.