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NWD

Explore carbon emissions data for NWD. Mycelium helps you review reported emissions, disclosure status, Scope 1, Scope 2 and Scope 3 data, climate targets and sustainability information in one company profile.

This profile brings together available carbon emissions data for NWD, including reported figures, modelled estimates, disclosure documents and sustainability indicators, so you can review its emissions and compare its performance against similar companies. It is one entry in the Mycelium emissions database. Read how we source and check this data.

Emissions

Carbon emissions

Total yearly emissions across all scopes

2,422,405tCO2e(Location Based)(Mycelium adjusted)

Reported by NWD
1,470,527 tCO₂e
Estimated by Mycelium
951,878 tCO₂e

NWD reported 61% of the adjusted total. Mycelium estimated the remaining 39% for the categories it did not disclose. NWD reported 41,980 tCO₂e of Scope 3 emissions beyond its breakdown into categories. The model of the categories it did not report comes to more than that, so the adjusted total counts the model, with the reported figure inside it.

Scope 1

tCO2e

8,897

Scope 2 (Location Based)

tCO2e

142,058

Scope 3 total

tCO2e

2,271,450

Figures from page 75 of the source report

Scope 3 reported

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7
  8. 8
  9. 9
  10. 10
  11. 11
  12. 12
  13. 13
  14. 14
  15. 15

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See the scope breakdown

Provenance

Review the sources and documents behind NWD's emissions data. Provenance matters because it shows where the information comes from, how recent it is and how complete the disclosure appears to be.

Documents

Emissions
Factors

Modelled emission factorScope 1, 2 and upstream Scope 3 (categories 1–8)
0.303kgCO2e / $

Sustainability
Snapshot

Based on reported data, retrieved with AI

  • NWD reported 1,470,527 tCO₂e in 2025.
  • Scope 3 accounted for 90% of reported emissions.
  • Reported across 5 of 15 GHG Protocol Scope 3 categories.
  • Scope 2 reported under the location based methodology.

According to available emissions disclosures, NWD reported total yearly emissions of 1,470,527 tCO₂e in 2025. Scope 3 emissions accounted for 90% of the reported footprint, indicating supply chain activity, purchased goods and services, business travel, and wider operational dependencies were the most significant contributors to the company's carbon footprint.

The company achieved a Mycelium Score of 2.9, placing it below average for its sector for sustainability performance, and received a transparency score of 82.3, meaning they share solid detail across the main emissions areas.

Scope
breakdown

Scope 1 emissions

Direct emissions from sources the company owns or controls, such as fuel use, facilities and vehicles.

REPORTED

Direct emissions

8,897

tCO2e

Scope 2 emissions

Indirect emissions from purchased energy, including electricity, heating and cooling.

REPORTED

Location based

142,058

tCO2e

Market based

–

tCO2e

Scope 3 emissions

Wider value chain emissions across the 15 GHG Protocol categories, from purchased goods and business travel to investments, where reported.

NWD reported 41,980 tCO₂e of Scope 3 emissions beyond its breakdown into categories. Mycelium's model of the categories it did not report comes to more than that, so the estimates below replace it in the adjusted total, with the reported figure counted inside them. The reported figure is not discarded, and you can see it in the downloads below.

REPORTED

Cat 1

Purchased goods & services

15,886

tCO2e
REPORTED

Cat 2

Capital goods

821,328

tCO2e
ESTIMATED

Cat 3

Fuel & energy related activities

33,030

tCO2e
ESTIMATED

Cat 4

Upstream transportation & distribution

3,225

tCO2e
ESTIMATED

Cat 5

Waste generated in operations

26,396

tCO2e
ESTIMATED

Cat 6

Business travel

3,875

tCO2e
ESTIMATED

Cat 7

Employee commuting

9,367

tCO2e
ESTIMATED

Cat 8

Upstream leased assets

8,417

tCO2e
ESTIMATED

Cat 9

Downstream transportation & distribution

894,935

tCO2e

Cat 10

Processing of sold products

–

tCO2e
REPORTED

Cat 11

Use of sold products

204,398

tCO2e
ESTIMATED

Cat 12

End-of-life treatment of sold products

14,614

tCO2e
REPORTED

Cat 13

Downstream leased assets

103,318

tCO2e

Cat 14

Franchises

–

tCO2e
REPORTED

Cat 15

Investments

132,662

tCO2e

8 values were derived via Mycelium's normalisation process rather than reported by the company. Part of the company's own Scope 3 was filed without a category, so it has no cell of its own. A cell marked “ESTIMATED” is a figure the company did not disclose, modelled by Mycelium. Cells marked “–” were not disclosed and could not be modelled.

Verification

Independent third parties involved in checking or preparing NWD's emissions data.

Independent assurance

Independently assured(limited assurance)by PricewaterhouseCoopersfor 2025

Climate targets

Science Based Targets initiative

Near-term target

Targets set (1.5°C), target year 2030

Long-term target

Targets set (1.5°C), target year 2050

Net zero

Targets set, target year 2050

Source: Science Based Targets initiative, Companies Taking Action.

Contact Info

Country

Hong Kong

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How scoring works

How the Mycelium Score is calculated

The Mycelium Score is out of 10. Up to 6.5 points reflect carbon intensity vs peers in the same NACE section (emissions normalised against revenue, log-scaled between the 5th and 95th percentile of each company's latest reporting year in that section; a section needs at least 5 companies to be benchmarked). The band above 6.5 is earned through verified data quality on a claimed profile: declaring every reporting category yourself (up to 2.0), preparation by a carbon accountant (2.0) and independently audited figures (2.0). The total is multiplied by the transparency score and capped at 10. A disclosure with an implausibly large figure (Scope 1 or 2 over 300 million tonnes, a Scope 3 figure over 2 billion tonnes or a total over 2.5 billion tonnes) is not scored until it has been checked.

A higher score means lower carbon intensity than sector peers, backed by data that's third-party verified, claimed by the company, and fully disclosed. NWD's score sits at the top of this page and in the score panel. Without a revenue figure to measure carbon intensity, or an industry classification to compare it within, a company has no score.

How the Transparency Score is calculated

The Transparency Score is the share of a company's estimated footprint that it reported itself, graded from A (very high) down to F (very low). Where a category is missing, Mycelium models what it would hold for a company of that size and industry and counts it as undisclosed, so an unreported category where the bulk of emissions sit hurts far more than a minor one. Unreported downstream categories (9 to 15) count at a quarter of their modelled size in this share; the carbon intensity behind the score still counts them in full. A Scope 3 total filed without a category breakdown earns very little credit for the part left unattributed, because it does not show which categories are inside it: a company can count business travel, leave purchased goods out entirely, and the total looks the same. Without a revenue figure the footprint cannot be modelled, so the company has no Transparency Score.

For NWD, the single biggest gap is Downstream transportation & distribution (Scope 3 Category 9). Mycelium estimates it accounts for around 37% of the company's estimated footprint, yet it hasn't been disclosed. Leaving a bucket this large unreported is what's holding the transparency score down.

In total, roughly 41% of NWD's estimated emissions sit in categories it hasn't reported. Disclosing these would be the fastest way to raise the transparency score.

Cover of Mycelium's scoring methodology white paperRead the full scoring methodologyOur white paper covers exactly how the Mycelium Score and Transparency Score are calculated, including the normalisation process and what earns a 10/10.Download the white paper (PDF)

Compare NWD with similar companies

NWD carbon emissions FAQs

What are NWD's carbon emissions?

In its 2025 reporting year, NWD disclosed total emissions of 1,470,527 tCO2e across all scopes. Including Mycelium estimates for undisclosed categories, the adjusted total is 2,422,405 tCO2e. Scope 3 accounted for the largest share of the reported total, around 90%.

Does NWD report Scope 1, Scope 2 and Scope 3 emissions?

For 2025, NWD's available disclosure covers Scope 1 (8,897 tCO2e), Scope 2 (142,058 tCO2e) and Scope 3 across 5 of the 15 GHG Protocol categories. Figures not reported by the company are shown as modelled estimates and labelled as such.

How transparent is NWD's emissions reporting?

NWD has a Mycelium transparency score of 82.3 out of 100. The score is the share of the company's estimated footprint that it reported itself, so an undisclosed category where most of its emissions sit weighs far more than a minor one.

Is NWD sustainable?

Mycelium measures sustainability through carbon emissions data rather than giving a yes or no verdict. NWD has a Mycelium Score of 2.9 out of 10, which reflects its emissions intensity against sector peers together with how transparent and well-verified its reporting is. The emissions figures, disclosure documents and climate targets on this page give the fuller picture.

Is NWD environmentally friendly?

Carbon emissions are one measurable part of environmental impact, and the part Mycelium tracks. NWD disclosed 1,470,527 tCO2e for 2025, and its Mycelium Score of 2.9 out of 10 shows how that performance compares with similar companies in its sector.

Learn more about our methodology and where this data comes from.