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Headquartered in Beijing, China Railway Engineering (CREC) is an enterprise group integrating survey and design, construction and installation, industrial manufacturing, real estate development and financial investment. CREC has been listed among the Fortune Global 500 for 17 consecutive years. It has carried out projects in more than 90 countries across Asia, Africa, Europe, South America and the Atlantic.
Summary
CREC discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company is transparent in reporting the amount of government grants it received during the reporting period of 2021 and 2022. It also discloses that it complies with Environmental Protection Law of the People’s Republic of China and has obtained ISO 14001 environmental management system certification, while providing details on its process for managing and reducing air pollutants.
Regardless, there are areas where CREC can improve its performance. While the company discloses various measures to manage construction wastewater, it should also report its process for managing and monitoring discharge water quality. Additionally, CREC can enhance its reporting on greenhouse gas emissions by separating total emissions into scope 1, 2, and 3 categories.
CREC lacks a policy statement committing to protect the health and safety of workers and it does not provide quantitative information on worker safety. The company should also formalise its commitments to human and labour rights in its corporate policies. Addressing these gaps will help CREC strengthen its sustainability practices and better align with industry standards.
Ranking position
#164
/300
Total score
8.4
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
12.5
/100
Rank (0-300)
#89
Measurement area
Inclusive Cities
Score
# 1
17.5
/100
Rank (0-300)
#133
Measurement area
Healthy Cities
Score
# 1
9.4
/100
Rank (0-300)
#85
Measurement area
Climate Proof & Resilient Cities
Score
# 1
0.0
/100
Rank (0-300)
#170
Measurement area
Core Social Indicators
Score
# 1
2.8
/100
Rank (0-300)
#174
Industries
Industries
Construction
#22
More about the company
Headquarters
China
Ownership structure
Government
Revenue
USD 171,268 billion (2022)
Number of employees
297620 (2022)
Website
http://www.crecg.com
63716
