Longfor Group Holdings

There is no evidence that Longfor has a low-carbon transition plan. The company should establish a time-bound action plan that outlines how it will transition to a low-carbon economy. This should include medium and long-term targets, verifiable and quantifiable key performance indicators and financial commitments. The plan should be informed by scenario analysis to ensure that the plan’s ambition is sufficient for a 1.5°C pathway.

Longfor does not disclose the expected in-use emissions intensity data, or sufficient floor area and in-use absolute emissions data, for the buildings it developed in 2021 or previous years. As a result, it is not possible to provide a meaningful assessment of the company’s past emissions trend or projected future performance. Longfor also does not quantify commitments to perform renovations for clients to significantly reduce the emissions intensity of existing buildings.

Longfor has set a target to reduce its emissions intensity by 15% by 2030 compared to 2020. However, the company does not define the scope of this target or provide a base year figure therefore the target could not be assessed. The company should develop long-term and intermediate targets that align with its 1.5°C pathway. Setting intermediate targets at gaps of no more than five years will incentivise near-term actions towards the longer-term goal. Additionally, to allow for a complete analysis of its targets and progress against them, the company should report its base year emissions and disclose any use of offsets.

Longfor has set a target to reduce its emissions intensity 15% by 2030 compared to 2020. The company has not developed a vision of what its business will look like in a low-carbon future beyond small-scale actions.

The company does not have a low-carbon transition plan and there is no evidence it intends to develop one in the near future.

The company is planning to expand the proportion of its buildings with green building certifications, use more prefabricated components to improve energy and resource efficiency and perform renovations which lead to emissions reductions.

Longfor has successfully expanded its use of renewable energy with 29% of projects using solar energy in 2021. The company has also obtained a number of patents focused on green building technology and is investing in research and development (R&D).

Longfor has started to take some actions to reduce the impact of its operations. However, the company has not detailed how it plans to achieve its transition and there is little evidence of the company taking significant action to reduce its emissions.

No evidence was found that Longfor commits to social dialogue or engages with the categories of stakeholders h on a just transition. Furthermore, no evidence was found to demonstrate the company’s ongoing social dialogue and meaningful engagement with affected stakeholders.

No evidence was found that the company undertakes low-carbon transition planning to mitigate the social impacts of the transition on workers, affected stakeholders and its business relationships. Additionally, no evidence was found to demonstrate the company’s engagement in social dialogue and with stakeholders in its just transition planning.

No public commitment was found by Longfor stating its intention to create and support access to green and decent jobs as part of the low-carbon transition. Moreover, no evidence was found that the company actions to promote these jobs in a way that ensures gender balance and inclusion of vulnerable groups. Additionally, no relevant disclosure was found of the company’s assessment of employment dislocation risks.

No public commitment by the company was found stating its intention to re- and up-skill workers displaced by the transition to a low-carbon economy. Additionally, no evidence was found that the company re- and up-skills workers in a way that ensures gender balance and inclusion of vulnerable groups.

No relevant disclosure was found to show if Longfor identifies impacts of the low-carbon transition on social protection for workers and affected stakeholders, nor how it contributes to social protection. Additionally, no evidence was found that the company expects its business relationships to contribute to the social protection of their workers and affected stakeholders.

No relevant disclosure was found to show how the company identifies any misalignment of its lobbying activities with policies and regulations that support the just transition, nor of the measures it takes to address misalignment. Furthermore, no evidence was found that the company lobbies for policies and regulations for green and decent job creation; retention, education and reskilling; and social protection for workers.

Longfor commits to respecting human rights, however there was a lack of evidence for their support of the ILO fundamental rights at work, and it does not expect its business relationships to respect the ILO fundamental rights at work. Furthermore, no evidence was found that the company has a process to identify, assess and mitigate salient human rights risks in its own operations and supply chain. However, evidence is available that the company discloses the stakeholders whose human rights have been affected by its activities. The company does not, however, have a grievance mechanism available to workers and external stakeholders.

Longfor commits to respecting the health and safety of its workers and expects the same commitment of its business relationships. However, no evidence was found of a time-bound target for paying all workers a living wage. While the company discloses the proportion of its direct workforce covered by collective bargaining agreements, no relevant disclosure was found of the company’s required working hours. The company discloses some indicators of workforce diversity, including the age and gender of its employees. However, no relevant disclosure was found of additional indicators of workforce diversity. Nevertheless, the company commits to gender equality and women’s empowerment.

No policies or commitments are available to display if Longfor relates to key ethical business topics – personal data protection, tax, bribery and corruption, and lobbying and political engagement – were found in the public domain. This includes ensuring ethical business conduct throughout its operations and in its relationships with business partners.