ENVIRONMENT

Setting the Standard for Environmental Excellence

At Brookfield India REIT, we are mindful of the impact we have on our environment and our constant endeavor is to reduce our environmental footprint. We encourage sustainable developments, ensuring safety, health and well-being of our people. Our effort is to align our businesses with the global sustainability goals and the sustainability commitments of our occupiers.
Area Under Sustainability Certifications

90%

FY 23

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100%

FY 24

(IGBC AND BEE ENERGY STAR, IS0 14001:2015, ISO 45001:2018, ISO 50001:2018)
Area Under Quality Certifications

100%

FY 23

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100%

FY 24

(ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 AND 5S EXCELLENCE)

Ambition to Action: Our Net Zero Goal

We have made significant progress towards achieving our Net Zero target by advancing it by 10 years to 2040.

KEY OBJECTIVES

Propelling Towards A Greener Future

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10% reduction

In greenhouse gas emissions, energy and water consumption in our new and existing buildings by 2025

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90% diversion

Of waste from landfill by 2025

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Net zero by 2040 or sooner

Achieving a 30% increase in renewable energy use Certifying 95% of our asset portfolio Monitoring 100% of our portfolio's environmental data

Key Initiatives

1.

Sustainable assets

All our campuses focus on energy efficiency, reducing water consumption, promoting recycling, and improving indoor air quality, for the occupants to have a healthy working environment.

2.

Rooftop renewables

We have installed rooftop solar panels at several of our campuses to address our power needs and have seen a significant reduction in our carbon emissions as a result.

3.

Sustainable outreach

We integrate sustainability into all our community outreach programs, with initiatives that support our mission to drive positive change and create a more sustainable future for everyone.

4.

Taking action

We've expanded our people initiatives to include ESG metrics and implemented focused measures to raise environmental awareness among our employees.

Environmental stewardship

Sustainable Development and Operations

Water security is one of the essential determinants of our shared objective of a sustainable future and improving environmental performance. To optimize water usage through the augmentation of automated irrigation we have implemented advanced irrigation techniques. We utilize only treated water for landscape and other purposes and are striving to optimize rainwater retention by installing permanent infiltration or collection features like vegetated swales, rain gardens and rainwater cisterns.
Responsible waste management is a key tenet of our efforts to enhance our environmental performance. Considerations related to waste management are integrated into our developments from the design stage and continues well into the properties' operations, as we aim to reduce our operating carbon impact by embedding circularity into our organization. While reducing landfill waste, we have also taken steps to eliminate single-use plastics in our food courts and shared spaces.
We our striving towards our long-term goal of achieving Net Zero by 2040 or earlier and simultaneously are dedicated to closely monitoring and measuring energy usage and emissions across our portfolio. To ensure continuous improvement, we periodically benchmark ourselves against local and global industry standards through an internal review and target setting mechanism.
To ensure ongoing progress in energy and emissions reduction, we take a multifaceted approach. This includes standardizing policies and procedures to strike a balance between comfort and energy efficiency. It also involves making timely capital improvements and upgrades aligned with replacement needs, while leveraging technology through advanced building management systems for enhanced visibility and control. Our campuses are strategically located near transit-oriented developments like metro rail and the Rapid Rail Transit System as we support shared mobility initiatives to provide stress-free, eco-friendly commuting options for our tenants and employees.
Recognizing the essential role of biodiversity in climate change mitigation, we are working on scientific solutions to increase the green cover to 30%, drive the ecogological connect, enhance the carbon sequestration and reducing the urban heat island. This commitment is an integral part of our climate action strategy, aligns seamlessly with our ESG goals and the TFND's targets. As pioneers in our industry, we showcase the ecological value of our assets, including the sequestration of 1361 tonnes of carbon, equivalent to the impact of 35,693 trees. Also, we maintain 85% average ecological connectivity and uphold a minimum of 19% average green cover across our assets.
Air Quality

Real-Time Monitoring of Indoor Air Quality (IAQ) across All Our Assets

With the aim of enhancing air quality and benefiting employee health across all our assets, we are actively monitoring Indoor Air Quality (IAQ) in all our lobbies and displaying the data to improve awareness among our occupants and visitors. IAQ monitors have been installed in air handling units throughout our Candor TechSpace campus in Gurugram to facilitate continuous real-time monitoring of health and well-being indicators. Key features of this initiative - Awareness among occupiers, visitors and staff - Prevention of Sick Building Syndrome - Swift detection of harmful chemicals - Ensuring adequate ventilation - Implementation of effective strategies to enhance air quality

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GHG Emissions

Internal Carbon Pricing: Pilot Study

In the face of today’s environmental challenges, Internal Carbon Pricing (ICP) stands as a pivotal mechanism to embed the true cost of carbon emissions into corporate decision-making. At Brookfield India REIT, as we strive to meet our Science Based Targets initiative (SBTi) commitments, we have begun crafting a decarbonization roadmap, starting with an in-depth analysis of a principal asset. This marks the beginning of a comprehensive strategy to expand our efforts across the full spectrum of our portfolio. Based on the decarbonization interventions identified, we have derived an Internal Carbon Pricing (ICP) that reflects the abatement costs and emissions reductions pertinent to Scope 1 and Scope 2 activities until the near-term target year 2030. This focused metric serves as an initial step towards quantifying the financial impact of our carbon emissions and integrating this consideration into our broader environmental strategy. The ICP is already proving to be a transformative element within our company, reshaping the way our business functions perceive and address emissions. By equating emissions reduction to monetary value, we are creating a universal language that resonates across all departments, encouraging a collective move towards environmentally conscious operations. As we progress with the decarbonization roadmaps for our remaining assets, ICP will be refined to fully encapsulate our environmental impact. In the future, our intention is to leverage the refined ICP to inform our investment decisions in low-carbon technologies and to assess potential future carbon tax implications.

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Air Quality

Retrofit Emission Control Devices (RECD) to Combat Air Pollution

To combat outdoor air pollution from industrial and automotive sources, we have implemented advanced Retrofit Emission Control Devices (RECD), such as Diesel Oxidation Catalysts (DOC) and Diesel Particulate Filters (DPF). These technologies effectively capture and neutralize harmful emissions like nitrogen oxides(NOx), carbon monoxide and particulate matter, thereby significantly enhancing air quality and ensuring compliance with stringent environmental regulations. These RECD devices require minimal maintenance, with no need for consumables with low initial and operational expenses. Their compact design and compatibility with all Diesel Generator (DG) Sets further underscore their efficiency and practicality.

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Water Management

Digital Water Meters

The installation of digital water meters represents our effort to leverage advanced technologies in achieving resource efficiency. By integrating state-of-the-art Internet of Things (IoT)-based water meters, we gain real-time insights and actionable data through a centralized dashboard. This technology enables precise monitoring of water usage, specifically time, location and volume, while also remotely detecting leaks promptly. These detailed consumption pattern reports support informed decision-making, ensuring accurate billing based on actual consumption. Digital water metering not only enhances operational efficiency by identifying inefficiencies but also fosters a proactive approach to water conservation, supporting our long-term sustainability objectives.

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