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PIK Group, founded in 1994, is a leading publicly traded real estate development and construction company headquartered in Moscow, Russia. Its services include project design and construction, as well as property sales and management. The company operates primarily in major Russian cities, such as Moscow, St. Petersburg and Yekaterinburg. It has been involved in the development of large-scale residential complexes and urban regeneration projects, including the PIK Towers and Green Park residential areas in Moscow.
Summary
PIK Group discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company takes systematic actions to improve accessibility in its projects by creating barrier-free, safe living environments, with building entrances at ground level for the convenience of all residents.
However, there are several areas where PIK Group can improve its performance. While the company states that it specialises in affordable housing, it should provide more details on the actions it has taken to improve affordability. Additionally, the company should report regularly on its air quality and water withdrawal impacts, as the last reported data is over three years old. The company also has an opportunity to strengthen its policy commitments to fundamental human and labour rights.
PIK Group has limited reporting and lacks time-bound targets for reducing its scope 1 and 2 emissions. The company also lacks transparency on how it determines living wages in the regions where it operates. Moreover, its assessments of natural disaster risks are limited. Prioritising improvements in these areas will enable PIK Group to strengthen its sustainability efforts and increase transparency.
Ranking position
#171
/300
Total score
6.9
/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
20.8
/100
Rank (0-300)
#114
Measurement area
Healthy Cities
Score
# 1
0.0
/100
Rank (0-300)
#174
Measurement area
Climate Proof & Resilient Cities
Score
# 1
0.0
/100
Rank (0-300)
#170
Measurement area
Core Social Indicators
Score
# 1
13.9
/100
Rank (0-300)
#127
Industries
Industries
Construction
#26
More about the company
Headquarters
Russian Federation
Ownership structure
Private
Revenue
USD 7,123 billion (2022)
Number of employees
-
Website
https://pik-group.com
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