Natural resources

Key Inputs

Invested in clean energy for tenants. Installed Solar PV capacity of 1.6 MW at Mindspace Madhapur Hyderabad

Water management




Recycling of dry waste, composting of wet waste

Urban farms on campuses

Value chain activities

Construction activities

Engineering

Research and development

Stakeholders impacted

Employees

Unitholders

Local communities

Customers

Key Outcomes

Reduction in fossil fuel based non-renewable energy consumption

Recycled water is used for flushing in toilets and gardening and landscaping across our green buildings

Potable water savings due to use of low flow fixtures

Generation of compost used for landscaping and reduction of net waste produced

An offering for tenant engagement

36 buildings

LEED/IGBC Gold/Platinum
certified/pre-certified
(35 green certified; 1 pre-certified)

4

Business Parks awarded Five
Stars by British Safety Council

4

Awards won at forums1

1 • Most Environment-Friendly Commercial Space at the Realty+ Conclave and Excellence Awards 2020 West for Mindspace Airoli West
  • Environment-Friendly Project of the Year, Commercial (national) to Mindspace Business Parks REIT at the Estate Awards, by Franchise India
  • Most Environment-Friendly Commercial Space for Commerzone Porur, Chennai at the Realty+ Conclave and Excellence Awards 2020, South
  • Commercial Project of the Year for Gera Commerzone, Kharadi at the Realty+ Conclave and Excellence Awards 2021, Pune

The disastrous effects of climate change are already being experienced by many nations across the globe. This has resulted in inclusive global partnerships to make determined efforts to create a sustainable future. At Mindspace REIT, sustainability is at the core of our business objectives.

Natural day light analysis at Gera Commerzone Kharadi, Pune

SUSTAINABILITY ASSESSMENT PROGRAM

We are involved in various initiatives that contribute to safeguarding the planet and conserving the environment for future generations. We endeavour to make our business practices more sustainable. Under the sustainability assessment program, we conduct an exhaustive study to minimize the environmental impact of our projects and improve construction efficiency. The study covers climate effects, indoor air quality, wind study, sun path analysis, urban heat island effect, façade optimization and natural day light analysis.

We optimize the lifecycle of materials through Sustainable Materials Management system, where materials are used and reused more productively over their lifecycle. Some key areas of reuse include fly ash blocks, recycled steel and aluminum, ready mixed concrete, composite wood, and gypsum-based products.

TOWARDS A GREENER FUTURE
FOCUS AREA INITIATIVES OUTCOMES

Energy conservation

Objectives

  • Ensure supply of clean energy to our tenants
  • Innovate constantly to reduce energy consumption per square foot
  • Drive optimal usage of energy through best practices
  • Committed to achieve 100% electric mobility by 2030, across the Business Parks
  • Generate renewable power through solar PV modules on our rooftops in Mindspace Madhapur
  • Implemented different tools such as energy-efficient chillers, heat recovery wheels, efficient pumps and motors, among others
  • Provided easy access of EV charging points within the Business Parks aligned to our commitment to the Climate Action Group

1.6 MW

Installed Solar PV Photovoltaic capacity

14-36 %

Energy cost savings demonstrated over the baseline case

950+ EV

Charging points provided till date

Waste processing

Objectives

  • Drive the three R's—reduce, recycle, reuse in our operations, right from the construction stage to occupancy and beyond
  • Efficient wet and dry waste management

Advanced waste composting at our business parks.

Under-construction stage

  • 80-100% construction waste generated across our green buildings is intelligently reused, reducing burden on the city infrastructure and dumping grounds
  • Debris generated is logically used within the campus itself

Upon occupancy

  • Wet waste is composted, converted to manure and used for landscaping within the campuses, as part of the integrated sustainable waste management program. Backed by the success of waste recycling across several of the Business Parks, the installation of organic waste composters are underway across all our parks. It is designed to assemble all cafeteria and food waste to a central location and convert it into manure
  • Invest in educating our support staff and sensitizing tenants on waste segregation at source, converting food waste to compost using Organic Waste Convertors (OWC) and using them in landscape areas
  • Undertake vermicomposting and leafmold composting of horticulture waste
  • Horticulture waste used as mulching material to reduce water consumption and increase soil fertility
  • All non-compostable waste is sent to State Pollution Control Board (SPCB) approved recyclers
  • Hazardous waste and e-waste sent to SPCB-approved recyclers

Water management

Objectives

  • Optimize water efficiency through multiple initiatives
  • Lower water wastage to reduce sewage volumes and water bills, and reduce dependency on municipal water
  • Real-time monitoring is regularly undertaken for each sewage treatment plant. More recent projects have seen interventions through IoT and sensors, to check quality of the recycled and treated water.
  • Following best practices such as rainwater harvesting, water recycling and reuse of treated water for flushing and gardening, low-flow fixtures, and sensors which monitor the inlet-outlet of all water sources

30-95%

Potable water saving across green buildings

Air quality administration

Objectives

  • Active administration of air quality, to achieve significant and measurable health and financial benefits to the occupants of Business Parks
  • Keep the air pollution tolerance index within control
 Factor in a wide range of indoor air quality parameters right at the design stage of buildings as per the international codes such as ASHRAE 62.1, e.g.:
  • Minimum Efficiency Reporting Value (MERV) 13/ (MERV) 8 rating filter in all Air Handling Units (AHUs), for Green Buildings
  • CO2 monitoring
  • Use of low Volatile Organic Compounds (VOC) paints, materials and coatings, among others

30%

More fresh air than mandated by ASHRAE standard 62.1-2004 across 33 green buildings

Urban farming

Objectives

  • Enhance tenant engagement by providing them with an avenue to unwind, through urban farming
  • The urban farm at the Mindspace Airoli East campus acts as a breakout area for tenants during their time-off, helping them rejuvenate and unwind

An assortment of plants and herbs are grown at the farm. These include vegetables, fruits, flowering, medicinal and aromatic plants.

Others
  • Implemented the concept of Biophilia, by which, we have integrated outdoors with the indoors.
  • Some of the initiatives include a 5 acre landscape garden at the level of the springing of the buildings. This allows for the external space to spread within the building, and vice versa.
  • In keeping with the concept, meeting areas, seatings spaces and several other features are curated to encourage employees to work amidst nature.

TOWARDS A GREENER FUTURE

FOCUS AREA

Energy conservation

Objectives

  • Ensure supply of clean energy to our tenants
  • Innovate constantlyto reduce energyconsumption persquare foot
  • Drive optimal usage of energy through best practices
  • Committed to achieve 100% electric mobility by 2030, across the Business Parks

INITIATIVES

  • Generate renewable power through solar PV modules on our rooftops in Mindspace Madhapur
  • Implemented different tools such as energy-efficient chillers, heat recovery wheels, efficient pumps and motors, among others
  • Provided easy access of EV charging points within the Business Parks aligned to our commitment to the Climate Action Group

OUTCOMES

1.6MW

Installed Solar PV Photovoltaic capacity

14-36%

Energy cost savings demonstrated over the baseline case

950+ EV

Charging points provided till date

FOCUS AREA

Waste processing

Objectives

  • Drive the three R's—reduce, recycle, reuse in our operations, right from the construction stage to occupancy and beyond
  • Efficient wet and dry waste management

INITIATIVES & OUTCOMES

Under-construction stage

  • 80-100% construction waste generated across our green buildings is intelligently reused, reducing burden on the city infrastructure and dumping grounds
  • Debris generated is logically used within the campus itself

Upon occupancy

  • Wet waste is composted, converted to manure and used for landscaping within the campuses, as part of the integrated sustainable waste management program. Backed by the success of waste recycling across several of the Business Parks, the installation of organic waste composters are underway across all our parks. It is designed to assemble all cafeteria and food waste to a central location and convert it into manure
  • Invest in educating our support staff and sensitizing tenants on waste segregation at source, converting food waste to compost using Organic Waste Convertors (OWC) and using them in landscape areas
  • Undertake vermicomposting and leafmold composting of horticulture waste
  • Horticulture waste used as mulching material to reduce water consumption and increase soil fertility
  • All non-compostable waste is sent to State Pollution Control Board (SPCB) approved recyclers
  • Hazardous waste and e-waste sent to SPCB-approved recyclers

FOCUS AREA

Water management

Objectives

  • Optimize water efficiency through multiple initiatives
  • Lower water wastage to reduce sewage volumes and water bills, and reduce dependency on municipal water

INITIATIVES

  • Real-time monitoring is regularly undertaken for each sewage treatment plant. More recent projects have seen interventions through IoT and sensors, to check quality of the recycled and treated water.
  • Following best practices such as rainwater harvesting, water recycling and reuse of treated water for flushing and gardening, low-flow fixtures, and sensors which monitor the inlet-outlet of all water sources

OUTCOMES

30-95%

Potable water saving across green buildings

FOCUS AREA

Air quality administration

Objectives

  • Active administration of air quality, to achieve significant and measurable health and financial benefits to the occupants of Business Parks
  • Keep the air pollution tolerance index within control

INITIATIVES

  • Factor in a wide range of indoor air quality parameters right at the design stage of buildings as per the international codes such as ASHRAE 62.1, e.g.:
  • Minimum Efficiency Reporting Value (MERV) 13/ (MERV) 8 rating filter in all Air Handling Units (AHUs), for Green Buildings
  • CO2 monitoring
  • Use of low Volatile Organic Compounds (VOC) paints, materials and coatings, among others

OUTCOMES

30%

More fresh air than mandated by ASHRAE standard 62.1-2004 across 33 green buildings

FOCUS AREA

Urban farming

Objectives

  • Enhance tenant engagement by providing them with an avenue to unwind, through urban farming

INITIATIVES

  • The urban farm at the Mindspace Airoli East campus acts as a breakout area for tenants during their time-off, helping them rejuvenate and unwind

OUTCOMES

An assortment of plants and herbs are grown at the farm. These include vegetables, fruits, flowering, medicinal and aromatic plants.

FOCUS AREA

Others

INITIATIVES & OUTCOMES

  • Implemented the concept of Biophilia, by which, we have integrated outdoors with the indoors.
  • Some of the initiatives include a 5 acre landscape garden at the level of the springing of the buildings. This allows for the external space to spread within the building, and vice versa.
  • In keeping with the concept, meeting areas, seatings spaces and several other features are curated to encourage employees to work amidst nature.

Efficient water management systems using Sewage Treatment Plant (STP) technology at our business parks

INSTALLED ENHANCED STP TECHNOLOGY TO IMPROVE WATER QUALITY AND PLANT EFFICIENCY

Regular assessments are undertaken, to ensure existing buildings meet with the most recent water quality norms, while also meeting evolving variations in water supply and demand.

The results of the assessment led to strategic interventions in the STP technology. A holistic approach led to changing the technology from Mixed Bed Bio Reactor (MBBR) to Membrane Bio Reactor (MBR). This was accompanied with a detailed study of the existing equipment, wherein, relevant equipment was retrofitted with the MBR process.

The interventions led to successful automation of the BMR.

With the endeavor to deliver seamless and optimal performance, a three year O&M contract has been activated. This assures sustainable and compliant water quality, along with augmented plant efficiency.

Smart AHU (EC AHU) system at our business parks

INSTALLED SMART AHUS TO OPTIMIZE PERFORMANCE

At Mindspace Business Parks REIT, we continuously monitor the efficiency, breakdown history and maintenance of AHU equipment to ensure zero interruptions in the process flow.

The buildings at Mindspace Airoli East are equipped with induction motor-based AHUs. Conventional blowers have been replaced with electronically controlled shaft mounted blowers to ensure optimized outcomes. The system is without any drive mechanism, which increases the operational efficiency by minimizing the transmission losses. The Smart AHU do away with Variable Frequency Drive (VFD), three-phase starter panel and belt and pulley mechanism, and occupies less floor footprint.

As part of the larger infrastructure enhancement strategy, we have successfully hosted a demonstration on the Proof of Concept (PoC) and are in the process of executing a phase wise transformation.

This has resulted in energy savings, increased reliability and optimized outcomes.

Implemented the 'biophylic' design model at Gera Commerzone Kharadi, Pune

Rich produce at our urban farms