Our ESG commitments
We have aligned our ESG strategy to 10 out of the 17 Sustainable Development Goals (SDGs) that are defined by the United Nations Development Program (UNDP)
Overview
ESG framework
Aligned with our purpose of building an ecosystem that prioritizes environmental wellbeing, societal development, and mainstreaming the principles of rightful business conduct, our ESG framework identifies key pillars that have material impact on our value-creating abilities.
These have helped us set targets against which we measure our progress. A cornerstone for our sustainability outlook, these pillars have drawn key focus areas to build meaningful initiatives that allow us to create sustainable value for our stakeholders.
FY22 highlights
Environment
Reduction in water consumption
Reuse of construction waste
Reduction in freshwater usage by re-use of treated water
Social
Women at management level
Average ESG Training Hours per employee
Employee hours spent on volunteering
Employee retention rate
Governance
Ratio of Independent Directors to total Board as on March 31, 2022
Key employees have been provided training on the anti-corruption policy
Through our mindful strategies, we aim to minimize impact on the environment by adopting sustainable practices such as optimum resource utilization, integrating technological interventions, working towards carbon-neutral operations and promoting green energy across all our projects.
Focus Area 1
Focus Area 2
Focus Area 1
Our aim is to decarbonize our business activities to transition towards a low-carbon economy. In this effort, our focus is directed towards reducing GHG emissions, adopting renewable sources of energy, and improving energy efficiency, among other initiatives.
Targets
Reduction in emissions
Reduction in emissions
Renewable energy in total energy mix (RE100)
Renewable energy in total energy mix (RE100)
Focus Area 2
We develop smart and futuristic green buildings that can be instrumental in implementing digital interventions, reducing power consumption, improving water savings, and enhancing resource efficiency to create more sustainable spaces. Through this initiative, we endeavor to effectively manage water, adopt the concept of a circular economy across our business, and accomplish accreditations that make us a reliable partner.
Targets
of all new developments to be LEED/IGBC certified with minimum Gold rating
Of total portfolio to be LEED/ IGBC certified with minimum Gold rating
Our efforts are directed at the holistic development of our employees by providing them relevant opportunities to learn and grow. We strive to meet the evolving needs of our tenants. Our initiatives also extend towards uplifting the communities around us.
Focus Area 3
Focus Area 4
Focus Area 3
We recognize our workforce as our most valued asset. Hence, we focus on investing in the overall development of our employees and promote diverse views to fuel organizational growth. To this end, we emphasize employee learning and development to encourage our employees to upgrade their personal and professional competencies.
Targets
Women at management level
Women at management level
Average ESG training hours per employee
Average ESG training hours per employee
Focus Area 4
We prioritize the health and safety aspects of our business. In this regard, we aim to undertake measures to ensure utmost health and safety of our employees and tenants. We endeavor to do this by incorporating the right strategies in our business activities to monitor and assess health-related risks and address them.
Targets
Aim to ensure
We are committed to the highest standards of ethical conduct and integrity across our organization. We respect human rights of the stakeholders across our value chain. Also, we place great emphasize on applying stringent measures while empaneling suppliers to make sure they align with our sustainability vision.
Focus Area 5
Focus Area 5
Through our initiatives, we aim to apply stringent measures while sourcing or empaneling suppliers. Furthermore, we choose partners through extensive screening based on the ESG criteria.
Targets
Suppliers to be covered under Supplier Code of Conduct
Suppliers to be covered under Supplier Code of Conduct
of total value of all civil material
of total value of all civil material