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Central Pattana (CPN), founded in 1980, is Thailand's largest retail property development and investment company and a key business unit of the Central Group. The company owns and manages 41 premium shopping centres, ten office buildings, nine hotels and 33 residential buildings, with a total leasable area exceeding 2.3 million square metres, and has a significant impact on the country's real estate market.
Summary
CPN reports transparently on numerous sustainability topics. With regard to urban sustainability, the company reports on and ensures accessible restrooms in its projects. Additionally, it reported a 31.2% reduction in scope 3 emissions in 2022, exceeding its 22% target set for that year.
The company also demonstrates several good social practices. It conducts human rights due diligence to identify risks across its value chain, integrating human rights risk assessment into its business systems. Its anti-corruption measures include risk assessments and internal controls to prevent fraud and corrupt practices.
Regardless, there is clear potential for CPN to strengthen its performance in many areas. The company should conduct a materiality assessment to identify and prioritise key sustainability topics and impacts. It should also enhance its stakeholder engagement process by disclosing the channels and frequency of stakeholder communication. While the company has set targets for biodiversity, it should ensure that its targets cover all its material topics and are integrated across its entire sustainability strategy. Expanding the scope of its targets and addressing these gaps will enable the company to strengthen its sustainability efforts and align more closely with industry standards.
Ranking position
#33
/300
Total score
25.6
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
0.0
/100
Rank (0-300)
#181
Measurement area
Inclusive Cities
Score
# 1
45.8
/100
Rank (0-300)
#13
Measurement area
Healthy Cities
Score
# 1
25.3
/100
Rank (0-300)
#8
Measurement area
Climate Proof & Resilient Cities
Score
# 1
23.3
/100
Rank (0-300)
#35
Measurement area
Core Social Indicators
Score
# 1
33.3
/100
Rank (0-300)
#38
Industries
Industries
Real estate
#11
More about the company
Headquarters
Thailand
Ownership structure
Public
Revenue
USD 1,119 billion (2022)
Number of employees
4991 (2022)
Website
https://www.centralpattana.co.th
63716