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ESG
Occupier Connect 2023

Commitment To
Sustainability

Setting a new benchmark

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Embassy REIT: Raising The Bar On Sustainable, Healthy Workplaces

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. Catch a special episode of Embassy REITs' commitment to ESG, as it sets new benchmarks and transforms to meet its vision of net zero carbon emissions by 2040.

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Consistent

Results

2040

Net Zero Carbon Operations Commitment

45%

Renewable Power Consumption

40k+

Students Benefited Through CSR Projects

71%

Green Leases Signed

Note: Data as of September 30, 2022

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

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Vikaash Khdloya

Chief Executive Officer

ESG is a key priority for us at Embassy REIT, and as we progress in our sustainability journey, our focus is to create and maintain green, wellness-oriented workspaces for our world-class occupiers and to reduce our carbon footprint as part of our net-zero commitment.
    • 01Framework
    • 03Pillars
    • 06Focus Areas
    • 19Programs
  • 01 Framework
  • 03 Pillars
  • 06 Focus Areas
  • 19 Programs
framework
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

(Pre FY2020 and FY2021)

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Today

(FY2022)

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Tommorrow

(FY2023 and 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
  • 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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Biodiversity Survey at Embassy Manyata, Bengaluru

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Construction of Flyover at Embassy Manyata, Bengaluru

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Construction of Roads Using Recycled Plastic at Embassy Manyata, Bengaluru

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Customer Satisfaction Survey – FY2022

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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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Employee Engagement Survey – FY2022

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

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Lake Rejuvenation – Tarahunise and Thimmasandra Lakes, Bengaluru

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

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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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Recognized as the world’s largest ‘USGBC LEED Platinum – Certified’ office portfolio (v4.1 O+M)
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Awarded a 5-star rating for 100% operational portfolio and won 9 Swords of Honour
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100% operational portfolio certified for ISO 9001, ISO 14001, ISO 45001 and ISO 27001
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Subscribed to WELL Portfolio for next 5 yrs

ESG Disclosures and Benchmarks

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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