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ESG

Commitment To
Sustainability

Setting a new benchmark

Access the latest ESG and BRSR Report

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Embassy REIT: ESG strategy

Recognised and awarded for creating sustainable workspaces, Embassy REIT holds one of the country's largest Grade A office portfolios, across gateway cities of India. Watch the video to learn more about our strategy.

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Consistent

Results

2040

Net zero carbon emissions entity (for Standing Investments)

52%

Renewable Power Consumption

15k+

Students Benefited Through CSR Projects

100%

Green Leases Signed

Note: Data as of September 30, 2023

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Our ESG initiatives are aimed at accelerating inclusive and
sustainable growth.

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Mr. Aravind Maiya
Mr. Aravind Maiya

Chief Executive Officer

At Embassy REIT, we are not just solving for today. We are running our business for the long-term and aspire to serve all our stakeholders for decades to come – be it our investors, occupiers, employees, vendors or the local communities around us. With that view, two years ago we moved away from running multiple ad hoc environmental and social programs; and created a holistic ESG framework focused around three key pillars of Resilient Planet, Revitalized Communities and Responsible Business. Since then, Embassy REIT has been at the forefront of catalyzing positive change and has ingrained sustainability into our very core and across all of our business functions.
    • 01Framework
    • 03Pillars
    • 06Focus Areas
    • 19Programs
  • 01 Framework
  • 03 Pillars
  • 06 Focus Areas
  • 19 Programs
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REimagining
Spaces
Community Connect
Human Capital
Responsible Investment
Ethics and Responsibility
Resource Efficiency
Sustainable Supply Chain
Water Stewardship
Increase water-use efficiency, recycling and safe reuse across asset lifecycle to achieve water neutrality
Energy and Emissions
Prioritise clean and sustainable energy and facilitate the transition to net zero-carbon portfolio
Waste
Focus on zero-waste portfolio by reducing, reusing and recycling across asset life cycle
Biodiversity
Protect, restore and promote biodiversity in the areas we operate
ESG Performance of Suppliers
Incorporate ESG aspects across our supply chain to enhance sustainability performance
Local Sourcing
Prioritise local sourcing of materials used across our asset lifecycle
Certified Materials
Prioritise the use of green and eco-certified materials across our asset lifecycle
Training and Development
Employee training and development opportunities aligned with our business and ESG objectives
Health, Safety and Wellbeing
A holistic working environment that promotes health, safety and wellness of all our stakeholders
Employee Engagement
Incorporate equitable practices to create a diverse, inclusive, high-performing and engaged workforce
CSR
Contribute actively to social, economic and environmental development of our communities
Corporate Connect
Convene corporate leaders to work towards shared challenges and vision for the community
Customer Centricity
Achieve and sustain high customer satisfaction among key stakeholders
Sustainable Finance
Raise green/social/sustainable funds while leveraging our green credentials
Asset Acquisition & Site Selection
Implement a due diligence framework for acquisitions in line with our sustainability metrics and priorities
Disclosures
Transparent disclosure of ESG performance in line with global standards and regulatory requirements
Corporate Governance
Build organizational resilience through a culture of ownership, accountability and transparency
Regulatory Compliance
Foster a culture of compliance that adheres to regulatory requirements
Risk Management
Develop a robust Enterprise Risk Management System including ESG aspects

Our ESG

Framework

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The Core Pillars

Our ESG strategy focuses on implementing sustainable interventions that contribute towards building a safer, healthier and greener environment for our staff, occupiers, vendors and the communities in which we operate, while delivering enhanced returns for our investors.

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Environment

Resilient
Planet

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Social

Revitalised
Communities

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Governance

Responsible
Business

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Our

Journey

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Yesterday

(FY2020-FY2022)

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Today

(FY2023)

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Tommorrow

(FY2024 & Beyond)

  • Green energy initiatives – 100 MW solar plant in Bellary, Karnataka
  • Multiple dispersed community initiatives
  • Large portfolio of IGBC LEED Platinum/Gold certified assets
  • Integrating ESG priorities into our business planning and strategy
  • ESG focus across 19 areas with defined goals and targets
  • Publishing annual ESG reports and participating in leading ESG benchmarks, including GRESB, CDP
  • Launched ‘75/25 Renewable’ program to increase the proportion of renewable energy consumption
  • Alignment with global standards including TCFD, SBTi
  • Signatory to RE 100 resource neutral operations
  • Net zero carbon emissions entity by 2040

Case

Studies

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20 MW Solar Rooftop Project

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EcoGram CSR Project, in Partnership with TAICT

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Embassy REIT Awarded 5-Star Rating By GRESB

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20 MW Solar Rooftop Project

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Construction of Flyover at Embassy Manyata, Bengaluru

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Biodiversity Survey at Embassy Manyata, Bengaluru

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Construction of Roads Using Recycled Plastic at Embassy Manyata, Bengaluru

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Setting up a Sewage Treatment Plant (STP) at Express Towers, Mumbai

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EcoGram CSR Project, in Partnership with TAICT

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Lake Rejuvenation – Tarahunise and Thimmasandra Lakes, Bengaluru

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Employee Engagement Survey – FY2022

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Customer Satisfaction Survey – FY2022

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Embassy REIT Awarded 5-Star Rating By GRESB

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Green Loan Certification for ₹730 crores Debt from Climate Bonds Initiative

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Our Annual ESG Reports

Our ESG Memberships and Certifications

Our current ESG memberships, certifications and performance on global benchmarks reflect our commitment to sustainability, transparency and operational excellence

Building Certifications and Operational Excellence

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‘Well at scale’ Score and 18 Buildings WELL Gold Certified
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5-star Rating for 100% Operational Portfolio
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Subscribed to WELL Portfolio for next 5 yrs
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Recognized as the world’s largest ‘USGBC LEED Platinum – Certified’ office portfolio (v4.1 O+M)
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ISO 9001/14001/45001/27001 Certification for 100% Operational Portfolio

ESG Disclosures and Benchmarks

Awards

Dow Jones Sustainability recognition for 2023
Dow Jones Sustainability recognition for 2023
12 Swords of Honour for 100% Operational Portfolio
12 Swords of Honour for 100% Operational Portfolio
Golden Peacock Award 2023 for Sustainability
Golden Peacock Award 2023 for Sustainability
Winner of Asia Property Awards 2023
Winner of Asia Property Awards 2023

ESG excellence

Ranked #1 in India for Public Disclosures
Ranked #1 in India for Public Disclosures
World’s Largest USGBC LEED Platinum ‘v4.1 O+M’ Office Portfolio
World’s Largest USGBC LEED Platinum ‘v4.1 O+M’ Office Portfolio
5-star rating for the complete portfolio
5-star rating for the complete portfolio
Development portfolio ranked #1 in Asia Office
Development portfolio ranked #1 in Asia Office
91st percentile, 53 score in 2022
91st percentile, 53 score in 2022
Awarded a 5-star rating for 100% operational portfolio and won 9 Swords of Honour
Awarded a 5-star rating for 100% operational portfolio and won 9 Swords of Honour
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Reach out to us for more information on our ESG Initiatives

Know more about Embassy REIT, click here to go to the company website