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Sunteck Realty, established in 2000 and headquartered in Mumbai, India, is a prominent developer of luxury real estate, including both commercial and residential properties. The company is involved in complex town and urban development projects, creating city landmarks in three megacities in India: Hyderabad, Mumbai and New Delhi. In 2022-23, Sunteck Realty developed residential projects totalling 419,000 square meters and commercial projects amounting to 59,000 square meters.
Summary
Sunteck Realty discloses information on some topics related to urban sustainability but lacks disclosure on many important topics. The company identifies its most material sustainability topics and assigns responsibility to its environmental, social and governance (ESG) committee for overseeing and implementing its sustainability strategy. However, the company lacks a publicly accessible policy on lobbying and political engagement and should strengthen its commitments to fundamental human and labour rights.
Sunteck can report the direct economic value it generates and distributes in the different countries where it operates, as well as the proportion of its locally hired employees, to demonstrate its contribution to local economies. In relation to environmental impacts, the company should demonstrate consistent reductions in its air and water pollution, waste generation and water withdrawal. It should also ensure regular reporting and consecutive reductions for all scopes of greenhouse gas emissions and its energy consumption. Additionally, Sunteck can better demonstrate its natural disaster preparedness by disclosing the risk assessments it conducts for all types of natural disasters relevant to its operations and developing a business continuity plan against these risks.
Ranking position
#106
/300
Total score
15.2
/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
28.3
/100
Rank (0-300)
#69
Measurement area
Healthy Cities
Score
# 1
12.2
/100
Rank (0-300)
#61
Measurement area
Climate Proof & Resilient Cities
Score
# 1
3.3
/100
Rank (0-300)
#148
Measurement area
Core Social Indicators
Score
# 1
19.4
/100
Rank (0-300)
#104
Industries
Industries
Real estate
#38
More about the company
Headquarters
India
Ownership structure
Public
Revenue
USD 50 billion (2022)
Number of employees
533 (2022)
Website
https://www.sunteckindia.com
63716
