People standing in front of an art exhibit

As part of its goal to go green and switch to sustainable, cleaner forms of energy, Candor TechSpace initiated the setting up of solar plants at its campuses across India some time ago. The latest campus to get a solar plant is Candor TechSpace at New Town-Rajarhat in Kolkata.

Sustainability is a big focus for Candor TechSpace when it comes to the campuses it operates across India. We understand that the actions we take to ensure the sustainability of our business can have a far-reaching impact on the environment and communities in which our tenants and their employees live. Therefore, since inception, Candor TechSpace has been at the forefront when it comes to incorporating environmental, social and governance (ESG) principles into its operations. Adhering to ESG principles is not only creating long-term value but also ensuring the sustainability of our business well into the future. But most importantly, it is minimising the environmental impact of our operations, improving our efficient use of resources and lowering our dependence on natural resources over time.

2-4

Candor’s initiatives under environmental stewardship include everything from energy reduction and water recycling to enhanced indoor air quality and partnerships with shared mobility solution providers (to decongest roads and reduce air pollution). These apart, Candor is also aiming to be a clean energy leader by opting for solar power to lower its carbon footprint. It embarked on the installation of rooftop solar plants at its campuses some time ago.

The benefits of clean solar power are plenty since solar panels generate electricity with no air or carbon pollution, no ash or other waste products, and no environmental risks unlike those associated with nuclear power. What is more, solar electricity generation requires only sunlight and little to no water. In most cases, solar panels also have no impact on nature because they are typically installed in already built environments.

The latest campus to be fitted with a solar plant is Candor TechSpace at New Town-Rajarhat, Kolkata. The rooftop solar plant was inaugurated recently by Mr B K Panda, Development Commissioner, Falta SEZ (Kolkata). To execute this project, Candor joined hands with CleanMax Solar, a leading solar rooftop developer. CleanMax Solar is now Candor’s partner for its journey of delivering green energy to its campuses over the next 25 years. Spread across 3 RCC (Reinforced Cement Concrete) roofs and with a DC capacity of 234.3 kWp and AC capacity of 194 kW, the solar plant shall generate 71.8 lakh units of electricity over the next 25 years. The average abatement of carbon dioxide (CO2) emissions shall be 5,890 tonnes over the next 25 years.

3-3

The installation of this rooftop solar plant at our Kolkata campus reinforces our commitment to lower our carbon footprint by employing clean, renewable energy solutions. Candor is a leading workspace solution provider, and maintaining socially responsible practices— from environmental protection and community relations to health and safety—will continue to be a critical component of its operations.