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China Fortune Land Development

China Fortune Land Development, established in 1993 and based in Beijing, is among the largest real estate companies specialising in the development of new towns. Operating in four major cities in China, the company has delivered 8.71 million square metres of developed properties between 2020 and 2022. The company is also involved in attracting investments and incubating businesses to promote infrastructure and business development within these new towns.

Summary

China Fortune Land Development has scored zero in all five measurement areas and therefore ranks at the bottom of the benchmark, together with other zero-scoring companies. Given its significant scale and influence, China Fortune Land Development has the potential to contribute significantly to shaping sustainable urban environments. However, its lack of disclosure on key sustainability topics makes it difficult to understand and evaluate its impact on people and the planet. This lack of transparency makes the company vulnerable to environmental and social risks, diminished investor and stakeholder trust and misalignment with regulatory requirements. Moreover, it places the company at a disadvantage compared to its peers, affecting its overall competitiveness.
To foster transparency and positive change, China Fortune Land Development should identify its most significant sustainability risks and opportunities in a materiality assessment and publish a sustainability strategy that integrates these priorities into its overall business strategy. It should also assign clear responsibility for strategy oversight to the highest governing body. The company should also establish public policy commitments to respect human rights. Furthermore, China Fortune Land Development should establish measurable, time-bound and, where possible, science-based targets to reduce negative impacts, while regularly reporting progress against its sustainability goals.

Ranking position: #238 /300
Total score: 0.0 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 0.0 /100	#181
Inclusive Cities	#1 0.0 /100	#225
Healthy Cities	#1 0.0 /100	#174
Climate Proof & Resilient Cities	#1 0.0 /100	#170
Core Social Indicators	#1 0.0 /100	#195

Industries
Real estate	#78

More about the company

Headquarters: China
Ownership structure: Public
Revenue: USD 4,739 billion (2022)
Number of employees: 12620 (2022)
Website: https://www.cfldcn.com/Index.aspx

This company is part of the SDG2000, the 2000 most influential companies

See company profile SDG2000