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Longfor Group Holdings

Longfor Group Holdings is a publicly listed property development company headquartered in Beijing, China. The company operates primarily in China, and has been listed in the Forbes Global 2000. It was founded in 1993 and now employs over 44,000 people across multiple subsidiaries.

Summary

Longfor Group Holdings discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company showcases its commitment to preserving natural and cultural heritage by avoiding development in and around these sites, while conducting risk assessments to minimise its impact on green spaces and ecosystems. However, it can strengthen its human rights practices by disclosing its process for identifying human rights risks across its value chain and ensuring that its grievance mechanism addresses all human rights issues.

To improve its environmental performance, Longfor Group Holdings should establish absolute carbon reduction targets and ensure consistent reductions across all scopes of greenhouse gas emissions, in addition to its 15% intensity reduction target for 2030. Further, beyond acknowledging risks from extreme weather, the company should conduct comprehensive risk assessments for all natural disasters relevant to its operations to ensure its resilience.

Ranking position: #96 /300
Total score: 16.4 /100

Measurement area	Score	Rank (0-300)
Governance & Strategy	#1 16.7 /100	#55
Inclusive Cities	#1 34.2 /100	#40
Healthy Cities	#1 15.8 /100	#38
Climate Proof & Resilient Cities	#1 10.0 /100	#101
Core Social Indicators	#1 5.6 /100	#160

Industries
Real estate	#34

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More about the company

Headquarters: China
Ownership structure: Public
Revenue: USD 37,176 billion (2022)
Number of employees: 31565 (2022)
Website: https://www.longfor.com

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

See company profile SDG2000