We remain committed to achieving ambitious goals through innovations, stakeholders collaborations and best practices. Our focus continues to be on minimizing the impact of our operations on climate change.
Climate change poses a significant challenge, necessitating proactive strategies to build resilient and sustainable businesses. In line with the Task Force on Climate-related Financial Disclosures (TCFD) recommendations, our climate strategy focuses on both mitigation and adaptation.
We aim to drive climate action by designing, operating, and upgrading assets to withstand evolving environmental risks. This approach not only boosts resilience but also lowers operational costs, attracts high-quality occupiers, and prepares us to meet future demands.
Managing emissions is essential for tackling climate-related risks in business operations. Our focus is to understand our emissions profile to set goals, prioritize actions, and invest in sustainable solutions to combat climate change. To support our net zero emissions roadmap, we are developing a detailed greenhouse gas (GHG) emissions inventory to identify key emission sources and identify reduction opportunities.
This includes both direct and indirect emissions. In FY 2025, we aim to broaden our focus from portfolio-wide assessments to asset-level decarbonization, addressing emissions from both operations and the supply chain as a part of our broader climate strategy
Energy consumption and emissions are closely linked, and reducing emissions necessitates a corresponding reduction in energy usage. To address this, we have identified green or non-fossil fuel-based energy as a strategic lever for decarbonization, adopting a two pronged approach—lowering our energy intensity by reducing energy demand and increasing the proportion of renewable energy in our energy portfolio.
On the supply side, we are increasing the share of renewable energy in our electricity consumption. We aim to achieve 100% throughout our portfolio by 2027. In this direction, we have entered into a long-term agreement to procure clean power from Brookfield Renewable Bikaner Solar Power Project (BRBSPP), Rajasthan, for our office parks across the National Capital Region (NCR). This bilateral arrangement allows our occupants direct access to traceable renewable energy. We plan to undertake similar contracts across other campuses in future as a part of our commitment to procure clean energy.
We recognize the importance of water as a finite resource especially in urban areas where our assets are located. This understanding forms the basis of our water management strategy.
Our approach to efficient water management is guided by the 4R philosophy: Reduce, Reuse, Recycle, and Replenish. This aligns with our long-term goal of replenishing more water than we consume, thereby, contributing to our goal of water positive operations.
We emphasize reducing waste and promoting a circular economy. Our waste management strategy is centered on the 5Rs: Reduce, Reuse, Recycle, Refuse, and Rot. These foundational principles guide our efforts to minimize waste, optimize resource utilization, and divert waste from landfills, wherever possible.
We integrate waste management planning into the early design phase of every development to ensure long-term sustainability. We have established a detailed waste SOP to ensure waste management. We practice segregation of waste at source through color coded bins. Our waste mainly comprises of dry waste, C&D (Construction & Demolition) waste, and food or garden waste. For the treatment of organic waste, we have installed in-situ organic waste composters, which convert biodegradable waste into nutrient-rich compost. This compost is further used in our green areas for our plants.
Biodiversity strengthens ecosystem resilience, supports climate action as a natural carbon sink, and provides vital resources for businesses and communities. Recognizing its importance, we have adopted a biodiversity policy that integrates conservation into our operations and decision-making.
We do not own, lease, or manage properties within or near protected areas or regions rich in biodiversity. All our assets are located on designated use land parcels, where we strive to minimize ecological impact. For this, we have created six biodiversity enhancement strategies to achieve our biodiversity goals. Each strategy is backed by action plans and comprehensive implementation and management guidelines.
Safeguarding the health, well-being, and productivity of our occupiers and employees is a priority for our business. To achieve this, we place strong emphasis on maintaining good air quality by leveraging smart tools and advanced technologies. and promote cleaner environments.
We actively monitor Indoor Air Quality (IAQ) for our occupiers in lobbies and employees in the office and showcase real-time data to increase awareness among occupants and visitors. With this, we ensure transparency and empower building users with insights into the air they breathe. Till FY 2025, we have deployed over 82 IAQ devices across our assets. These devices measure VOC, CO2, PM2.5, PM10, temperature, and humidity in real time.
We integrate sustainability into our core business and asset design strategy. We prioritize strategic acquisition and deep retrofitting of existing commercial assets, recognizing its efficacy in directly addressing built environment decarbonization by mitigating embodied greenhouse gas (GHG) emissions inherent in existing infrastructure.
Our sustainable design strategy is guided by human-centric design principles—Brookfield India’s Design Guidelines for Sustainable Workspaces and Biodiversity—an integrated design approach not only ensuring our assets are designed with quantifiable impact targets across energy, water, waste, and ecology—directly supporting our Net Zero 2040 roadmap—but also helping us create socially responsible environments that foster connection, equity, and inclusivity.