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Sunac, established in 2003 and headquartered in Tianjin, China, is a major real estate developer specialising in large-scale and high-end projects with extensive experience in integrated urban development across eight megacities in China. The company operates multiple business segments, with real estate development and property management as its core businesses. In 2022, Sunac delivered properties totalling an area of 8.1 million square metres.
Summary
Sunac discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company identifies its most material sustainability topics but lacks an adequate sustainability strategy that addresses all of its material impacts. However, it does assign responsibility for the implementation of its sustainability strategy to its board and its environmental, social and governance (ESG) workgroup, ensuring accountability and effective integration of sustainability goals across the organisation.
Sunac falls short in providing a publicly accessible human rights policy and disclosing the processes for identifying human rights risks across its value chain. Additionally, the company fails to report on the affordability of its properties, a key factor in ensuring access to housing for diverse income levels.
In relation to climate impacts, Sunac has reported an increase in greenhouse gas (GHG) emissions and energy consumption in recent years. The company should set absolute GHG emissions reduction targets aligned with the 1.5°C pathway and ensure consistent reductions in both its emissions and energy consumption.
Ranking position
#153
/300
Total score
9.6
/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
16.7
/100
Rank (0-300)
#142
Measurement area
Healthy Cities
Score
# 1
5.6
/100
Rank (0-300)
#133
Measurement area
Climate Proof & Resilient Cities
Score
# 1
3.3
/100
Rank (0-300)
#148
Measurement area
Core Social Indicators
Score
# 1
5.6
/100
Rank (0-300)
#160
Industries
Industries
Real estate
#61
More about the company
Headquarters
China
Ownership structure
Public
Revenue
USD 14,355 billion (2022)
Number of employees
45198 (2022)
Website
https://www.sunac.com.cn
63716
