
PROBLEM
STATEMENT THREE
Explore opportunities to upcycle used products or waste into new products
The Problem
New World Development has many different lines of businesses including property, retail education, sports, art and wellness. Due to our expansive reach, we have the opportunity to lead our industry into a genuinely sustainable future - environmentally, socially, and economically.
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In our ecosystem, waste gets generated and unfortunately a lot of it does not get recycled and end up in landfills. We are looking for opportunities to upcycle a portion of this waste with the aim of creating a Circular Economy. Our Group’s New World Sustainability Vision 2030 (SV2030) references the United Nations Sustainable Development Goals (UN SDGs) and this Circular Economy is in service of the Green initiative to move us towards a greener future.

Requested
Solution
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Able to break down waste material (food waste, plastic, construction materials, etc.)
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Transform waste into a commercially viable product
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Quantifiable impact in amount of waste diverted from landfill and reduction in carbon footprint
UNITED NATIONS
SDGs



