OVERVIEW
Sustainable Vision. Sustainable Reality.
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)
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)
ESG Framework
Using our ESG framework, we aim to create sustainable value for each of our stakeholders by aligning it with our purpose of building an ecosystem that prioritizes environmental well-being, societal development and mainstreaming the principles of ethical business conduct. The framework helps identify the key pillars that have a material impact on our value-creating abilities.
We hold the highest regard for our people, communities and society, and uphold corporate governance practices, keeping in mind the interest of each stakeholder, including employees, vendors, occupiers and unitholders.
Resource Conservation and Efficiency
Employee and Community Relations
Responsible Business Conduct
Futuristic Buildings
Resource Conservation and Efficiency emphasises our efforts towards using resources sustainably. The policy serves as a guidance document to develop and implement programs in line with our focus areas.
Employee and Community Relations establishes guidelines to ensure good health and wellbeing of our employees and strong relationships with our communities.
Responsible Business Conduct highlights our commitment to the highest standards of ethical conduct and integrity. This policy guides the development and implementation of the programs that we endeavour to undertake for building a responsible portfolio.
Mindspace REIT received a 5-star rating in the Global Real Estate Sustainability Benchmark (GRESB) Assessment, with a score of 94/100. It ranked 4th in Asia Office for Development Benchmark, and achieved a 4-star rating, scoring 81/100, for Standing Investment Benchmark.
Mindspace REIT is India’s first real estate entity to join the Climate Group’s RE100 initiative, committing to 100% renewable energy use by 2050. With this, it has committed to transform to 100% renewable-electricity use across all areas serviced and maintained within the Mindspace REIT portfolio, by the year 2050. Mindspace REIT will also make renewable energy accessible to tenants who choose to avail of the green power.
Committed to the Climate Group's EV100 Initiative
Mindspace REIT has pledged to transition to 100% electric mobility by 2030 converting internal park transport to electrical vehicles and providing charging infrastructure to our tenants. This will help accelerate a global shift to clean transport and reduce air pollution in the urban micromarkets. The Climate Group’s global EV100 initiative brings together over 100 international companies committed to making electric transport the new normal by the end of this decade.
Our goal is to create a sustainable future that generates long-term value for all stakeholders, including our customers, investors, employees, and the wider community. We are committed to taking a holistic approach that integrates Environmental, Social, and Governance (ESG) considerations into our business practices.
Note:
1 Includes all employees of Mindspace at General Manager and above levels