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Seazen Holdings is a publicly listed real estate development company headquartered in Shanghai, China. The company runs a business in commercial and residential property development and describes itself as one of the top ten Chinese property companies. Its property portfolio also includes assisted living, kids’ clubs, cinemas and more.
Summary
Seazen discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company discloses its materiality assessment for identifying its key sustainability risks and opportunities. It has also assigned clear accountability to its board-level environmental, social and governance (ESG) committee and ESG working group for the oversight and implementation of its sustainability strategy.
While Seazen discloses its targets related to Leadership in Energy and Environmental Design (LEED) certification and energy efficiency, it has an opportunity to expand these targets to cover all its material topics. The company can also further improve its sustainability governance by disclosing a policy commitment to respect human rights and its efforts to engage with affected stakeholders.
Seazen lacks sufficient reporting on environmental topics, including air pollution, energy efficiency, greenhouse gas emissions and water quality. Although the company has set a target to reduce its emissions intensity by 10% by 2025 compared to 2020, it can further align its targets with the global 1.5°C trajectory and demonstrate continued reductions in emissions in order to meet its decarbonisation goals.
Ranking position
#163
/300
Total score
8.7
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
16.7
/100
Rank (0-300)
#55
Measurement area
Inclusive Cities
Score
# 1
24.2
/100
Rank (0-300)
#89
Measurement area
Healthy Cities
Score
# 1
2.8
/100
Rank (0-300)
#162
Measurement area
Climate Proof & Resilient Cities
Score
# 1
0.0
/100
Rank (0-300)
#170
Measurement area
Core Social Indicators
Score
# 1
0.0
/100
Rank (0-300)
#195
Industries
Industries
Real estate
#63
More about the company
Headquarters
China
Ownership structure
Public
Revenue
USD 17,291 billion (2022)
Number of employees
25941 (2022)
Website
http://www.seazengroup.com.cn
63716
