Sustainability Report 2016 - page 10

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NEW WORLD GROUP
SUSTAINABILITY REPORT 2016
GROUP SUSTAINABILITY POLICY
OUR BELIEF
In order to achieve long-term sustainable growth, NewWorld Group is committed to minimising its potential environmental
impacts and improving the quality of the communities where we operate, while providing a reasonable return to our
investors at the same time.
WE STRIVE TO
• exceed statutory requirements in relation to sustainability issues
• engage our stakeholders and develop mutual communication on our sustainability performance
• minimise the potential environmental impacts of our projects as far as practicable
• enhance the quality of life for the communities where we operate
• provide a safe working environment for our employees and inspire them to grow with the Group
• influence our supply chain to share our belief with regard to corporate sustainability
• continuously improve our sustainability performance through monitoring and reporting
VALUES AND PRINCIPLES
The Group’s values, principles, standards and norms of
behaviour are outlined in our Employee Code of Conduct
and Employee Handbook, which set out our commitment
to create an inclusive and diverse workplace. These
documents also provide information on prevention of
bribery, risk management and whistleblowing, as well as our
conflict of interest policy and guidelines. What’s more, our
Corporate and Talent Development, Human Resources and
Administration Departments have made a concerted effort
to create a safe working place for our employees. We also
respect civil liberties and fundamental human rights such as
freedom of speech and association. These internal documents
are distributed to all new hires and made available in Chinese
and English to all employees through our intranet.
As a holding company, NWD works with its business units
as well as major supply chain partners, customers and
other business partners to maintain an appropriate level of
oversight and control.
During the reporting period, the Group complied fully
with laws and regulations governing the environment,
employment, occupational health and safety and labour
standards, including laws prohibiting child or forced labour
and illegal immigrants, and those pertaining to product
responsibility, such as the health and safety of customers
and the public, advertising, labelling, data privacy and anti-
corruption. A dedicated department ensures all marketing
materials for new development projects comply with the
Residential Properties (First-hand Sales) Ordinance.
CORPORATE GOVERNANCE
Corporate governance is one of the core elements
underpinning the sustainable development of our businesses.
NewWorld Group observes the provisions of the Corporate
Governance Code set out in Appendix 14 to the Listing
Rules (the “CG Code”). Any deviations from the CG Code are
fully reported in the respective annual reports of the listed
companies.
In addition to the recommendations contained in the CG
Code, we have a formal Risk Management Policy guiding
our decision-making, performance, accountability and
outcomes. The Anti-Fraud Policy sets out our expectations
and requirements relating to the prohibition, recognition,
reporting and investigation of suspected fraud, corruption,
misappropriation and other similar irregularities. The
Whistleblowing Policy ensures that employees can raise
concerns about misconduct, malpractice or irregularities
on any matters to the highest governance body in strict
confidence.
For information about our Board, management team and
corporate governance structure, please refer to the relevant
section of the Annual Report 2016, which is available at
.
I M A G I N AT I ON
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