Fortune Real Estate Investment Trust
Industry Group: Real Estate
Country/Region: Hong Kong
Identifier: HKG:778
Fortune Real Estate Investment Trust is a real estate company that invests in retail shopping malls located in Hong Kong and Singapore with the primary objective of producing stable distributions for unitholders and achieving long-term growth in the net asset value per unit. The trust generates the majority of its revenue from rents and leases, with the remaining revenue from utility charges, management fees, car park revenue, license fees, and other sources. Fortune REIT's tenants include supermarkets, banking, and real estate services companies, restaurants, convenience stores, and general retailers.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Real Estate 235 out of 1009
Universe
Global Universe 1038 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Paramount Group, Inc. |
6.4
Negligible
|
13 out of 1009 |
| Mercialys SA |
7.8
Negligible
|
26 out of 1009 |
| Arena REIT |
12.2
Low
|
170 out of 1009 |
| Fortune Real Estate Investment Trust |
13.2
Low
|
235 out of 1009 |
| Abacus Storage King |
16.2
Low
|
424 out of 1009 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.