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K11 MUSEA Has a Mission to Blend Retail Spaces With Cultural Innovation, High Sustainability Standards

K11
Adrian Cheng is founder and chairman of K11, a Hong Kong-based brand that aims to bring together culture and retail targeting millennials and Gen Z consumers.
In 2019, Cheng launched K11 MUSEA, part of the US$2.6 billion Victoria Dockside development that is transforming Hong Kong s harbour front.
Because of his work, Insider named Cheng to our annual list of the 10 leaders transforming retail in Asia.
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Adrian Cheng was just 29 years old when he founded the K11 brand. In many ways he was following in his family s footsteps – his grandfather Cheng Yu-tend was the billionaire founder of Hong Kong property conglomerate New World Development, while his father Henry Cheng is the company s current chairman. For the younger Cheng, however, the emphasis has been on reinventing the decades old business through the K11 brand, which uniquely aims to combine art and commerce into a portfolio of shopping malls, office blocks and resid ....

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New World Development commits to setting Science-Based Targets for Climate Action

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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. ....

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New World Development commits to setting Science-Based Targets for Climate Action

New World Development commits to setting Science-Based Targets for Climate Action
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NWD taps fixed-income market with sustainability-linked bond

Hong Kong real estate developer New World Development issues a 10-year US$200 million sustainability-linked bond (SLB) with a coupon rate of 3.75%. ....

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