Birla Estates: Environment Social & Governance
×
Sustainability page banner

At Birla Estates Private Limited, we believe that robust environmental, social, and governance (ESG) practices are crucial for developing resilient assets and generating long-term value for our investors and stakeholders. We focus on reducing our environmental footprint by taking actions in the areas of Resource Optimisation, Energy management, Waste reduction & recycling, GHG management to enhance built environment.

Energy

Energy

Energy Management is an important aspect of our operation in commercial & residential portfolio. We are consistently endeavouring in improving our energy intensity across our projects. Renewable energy is also one of the focus area for Birla Estates.

We plan to achieve this through :

  • Stretched Energy intensity reduction targets for operation
  • Use of energy efficient systems
  • Increase in Renewable energy share in our portfolio
  • Renewable energy use
    • 100% green energy for Birla Aurora
    • 100% green energy for common area of Birla Centurion
  • Solar Water heating at all residential projects

Climate Change

We implement necessary measures to identify and manage potential climate-related risks and hazards. Our assets are evaluated for vulnerability to various climate-related hazards, such as earthquakes, floods, heat stress, and drought.

We also evaluate future climate change scenarios as per Shared Socio Economic pathways (SSP) trajectory to identify the long-term physical impacts of climate change on our portfolio and business.

We are actively working to reduce the carbon emissions from our activities. Furthermore, transitioning to renewable energy is a key component of our strategy to reduce emissions and decarbonize our portfolio. We reduce our emissions by using low-carbon materials and actively engaging in areas that contribute to avoided emissions.

Climate Change
Water Conservation

Water Conservation

Water is a crucial resource, and we are implementing various measures to reduce overall water consumption across our sites.

We plan to achieve this through :

  • Rain water harvesting at 100% of our portfolio
  • State of the art sewage treatment plants at all sites
  • Use of treated sewage for secondary purposes
  • Use of water conservation techniques such as low flow water fixtures, efficient irrigation systems & use of curing compound etc.

Waste Management

Waste management is important aspect in design & operation of all our projects. We believe in 3R i.e. Reduce, Reuse & recycle in waste management.

Major initiatives are :

  • Organic waste treatment at Commercial Properties
  • 100% of our residential projects are installed with Organic waste converter
  • Separate waste segregation areas
Waste Management
biodiversity

Biodiversity

We have developed robust Biodiversity framework for all our project. More emphasis is given on natives species & micro climate development at all sites.

  • Bio diversity policy to address the biodiversity issues.
  • More than 80% use of native species in landscaping.
  • Biodiversity studies at all projects.

Social

At Birla Estates, we are committed to fostering a positive impact on society through our operations and initiatives. Our social objectives are designed to enhance the well-being of our employees, support the communities in which we operate, and promote inclusivity and diversity. We believe that by investing in people and communities, we can drive sustainable growth and create long-lasting value for all our stakeholders.

Objectives :

  • To provide habitat which encourages health & wellbeing of our valuable customers/residents, and local communities.
  • To promote diversity and inclusion at all our functional teams.
  • Promote Employee health and wellbeing at work place.
social
Governance

Governance

At BEPL we have developed Robust governance structure. As a part of that we have developed policies, code of conduct and procedures.

Objectives :

  • We are committed to uphold our core values of Integrity, Agility, Empathy, Commitment, Seamlessness, and Speed.
  • To encourage and evolve mechanisms to manage physical and transitional risks that can impact returns and decision-making processes.
  • Integrating ESG and climate-risks into our framework to enhance asset value and minimize long term risk.

Click here to know more in disclosures

GRESB

Birla Estates is participating in Global Real Estate Sustainability benchmark(GRESB), who provide actionable and transparent environmental, social and governance (ESG) data to financial markets. They collects, validates, scores, and independently benchmarks ESG data. We have reported significant improvement in standing investment as well as development score in GRESB reporting of our portfolio. GRESB score for FY 2022-23 are

  • Standing Investment: - 80/100
  • Residential Projects: - 91/100
Global Real Estate Sustainability benchmark(GRESB)

Policies and compliances
followed at Birla Estates

Green Building Certifications

100% buildings of Birla Estates commercial and residential portfolio are green building certified, meeting LEED or IGBC standards. We aim to achieve green building certification for all our buildings, with a minimum rating of GOLD.

Environment Management Certifications

Birla Aurora is certified with Environment Management System ISO 14001 & Occupational health & safety management system ISO 45001 and Quality Management System ISO 9001

ESG guidelines for new development projects

This document provides guidelines for the construction of new projects, emphasizing sustainability and environmental responsibility. Birla Estates strives to adhere the following guidelines to create a sustainable, resilient, and healthy built environments.

Read More

Know more about our objectives on ESG focussed areas

Download PDF
TOP

View in portrait mode