New World Development: Balancing Sustainability and Financial Stability

Irene HO, Pong Yuen Howard Lam

商品編號：W34863
出版日期：2024/10/05
再版日期：
商品來源：
商品主題：General Management/Strategy; Sustainability
商品類型：Case (Pub Mat)
涵蓋議題：business strategy;sustainable business model;ESG innovation;sustainable business practices;organizational strategy;financial stability;environmental initiatives;social responsibility;governance challenges;profitability concerns;competitive advantage;market dynamics;sustainability management;value creation;cash flow challenges;post-pandemic investments;competitive landscape;value propositions;value delivery;value captured
難易度：4 - Undergraduate/MBA
內容長度：20 頁
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產業：
事件年度：2023

In January 2023, the chief executive officer of New World Development Co. Ltd. (New World Development) faced a critical decision. With travel set to resume between Hong Kong and Mainland China, opportunities and challenges emerged in the post-pandemic era. An impending board meeting in February demanded a delicate balance between environmental, social, and governance (ESG) initiatives and the company’s financial health. Financial data revealed significant spending on ESG efforts, posing cash flow challenges. The CEO grappled with critical questions: Should ESG spending be cut to fuel post-pandemic investments? Could New World Development’s ESG image, cultivated amid COVID-19, be a competitive advantage with evolving travel patterns? Before the board meeting, he had to decide on a strategy to balance financial stability with sustainable innovation.

教學手冊：New World Development: Balancing Sustainability and Financial Stability - Teaching Note
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