Environmental
Social
Governance
- Addressing Climate Change
- Reducing GHG Emissions
- Improving Operational efficiency
- Reducing energy & water consumption
- Using renewable energy
- Enhance Biodiversity
- Promote EV
- Reduce waste sent to landfill
- Prioritize Health, Safety and Wellbeing of stakeholder
- Enhancing DE&I
- Improving Accessibility
- Enhance Satisfaction
- Promote safe work practices
- CSR initiatives
- Human Rights
- Trust & reliability
- Corporate Governance
- Codes of Conducts
- Ethical Practices
- Statutory & regulatory compliances
- Accountability and Transparency
Objective
To ensure that the business and its operation have a positive impact on People, Plant and Community around us, while confirming to the highest standard of Corporate Governance.
Environment
Climate Change & Sustainability is one of the most critical aspects & as a SPIAPL, we are committed to reduce the environmental footprint and GHG emissions resulting out of our operations. Therefore, in our constant endeavour to support Environment, we strive to implement strategies that can reduce the Utilization of resources, Enhance Operational Efficiency, reduce dependency on fossil fuel, increase use of Renewable energy, Use Green Certified products and materials, enhance biodiversity and reduce the waste being sent to landfill.
Social
We are committed to prioritize Health, Safety & Wellbeing of all our stakeholders. Our endeavour is to create a culture of safe practices and eliminate potential risks and exposures which can cause injury or hazards to health. Our effort is to create an environment where we provide equal opportunities for all to thrive and take actions towards diversity, equity, inclusivity and accessibility. We are focused to enhance experience and satisfaction of our tenants by providing them with a quality service aligned with their expectations. We support all the workers right and prohibit any malpractices related to child or forced labour. We believe in contributing and giving back to the local community through our CSR initiatives.
Governance
Trust and Reliability are one of our core values and therefore we are committed to demonstrate highest standards of corporate governance. Our operations are governed by strong practices and processes defined by the Codes of conduct and Ethical practices. Our aim is to comply with all applicable statutory and regulatory requirements. We believe in the responsible way of business and are accountable and transparent as we periodically demonstrate our performance to all the key stakeholders.
Environment
Real estate contributes to 40% of the global greenhouse gas emissions. Therefore practices, such as energy-efficiency, renewable energy, and green building certifications, can reduce carbon footprint and contribute to global climate change mitigation efforts.
By incorporating green and sustainable measures, such as water-efficient fixtures, renewable energy systems, and recycled/recyclable materials, we can optimize resource consumption, reduce waste generation, and promote waste diversion from landfill.
Sustainable design and construction practices can also enhance building durability, reducing maintenance and repair costs over time.
Green and Sustainability certification programs can contribute to healthier and more productive indoor environments for occupants, leading to increased occupant satisfaction, improved employee well-being, and reduced healthcare costs.
Social
Social Sustainability is extremely essential for fostering positive relationships with stakeholders, attracting and retaining talent, and meeting customers expectations.
We emphasize on meaningful engagement with stakeholders to build trust, loyalty, and long-term partnerships. We Prioritize employee welfare, health and safety to retain talent, resulting in higher productivity and lower turnover rates.
We Promote diversity, equity, and inclusion within the workforce leads to better work culture resulting into improved organizational performance.
We uphold and respect human rights principles, such as fair labor practices and responsible sourcing.
We look forward to actively engage with local communities, support social initiatives, and contribute to sustainable development.
Governance
Corporate governance enables strategic decision-making, accountability, risk management, builds stakeholder confidence, ethical behaviour, and long-term sustainability.
Strong governance practices enhances transparency, instil confidence and trust among stakeholders. Governance plays a critical role in identifying, assessing, and managing risks within an organization.
Governance processes helps organization to keep aligned with statutory and regulatory requirements.
Effective governance ensures that ethical considerations are embedded in organizational values and reflected in daily practices.
The Sustainable Development Goals or Global Goals are a collection of seventeen interlinked objectives designed to serve as a "shared blueprint for peace and prosperity for people and the planet, now and into the future
The SDGs emphasize the interconnected environmental, social and economic aspects of sustainable development by putting sustainability at their center
At SPIAPL We are Aligned to 14 out of 17 SDG’s
Building Certification
Green building certifications are an effective way of minimising the environmental impact while maximising resource efficiency and occupant health and wellbeing. Employing sustainable design and construction practices that meet the requirements of such certifications boosts the durability of our buildings, resulting in reduced expenses for maintenance and repairs in the long run. Additionally, adhering to globally benchmarked standards help us create healthier and more productive indoor spaces for occupants. This, in turn, leads to heightened satisfaction among occupants, improved wellbeing of employees, and decreased healthcare expenses.
All buildings in SP Infocity Pune are certified Platinum under the IGBC Green Rating Programme, demonstrating the highest standards of sustainability. We not only ensure our new construction projects are green-certified but also maintain certifications for operational assets through the Operation and Maintenance rating.
Awards and Certifications
IGBC Platinum Green Campus Certificate (2021)
IGBC Platinum for Operations and Maintenance (Building 1-5) (2021)
IGBC Gold for Core & Shell for Building 5 (2020)
IGBC Pre-Gold certificated for Building 7 (2019)
SafeGuard certification from Bureau Veritas (2021)
Received award for construction of Building 7 from the Construction Industry Development Council under “Construction Health, Safety & Environment” category
“Best Managed Building Award” at Asia Pacific PAM Awards 2021
PMC Best Landscape Award – 2015, 2017, 2018, 2019 & 2020
iNHFRA Award for Safety and Security - 2019
Bloomberg International Property Award Highly Commended Office Development India - 2011
Green and Clean Environment Initiative - 2011
Maharashtra IT Infrastructure Award - 2008
Our Net Zero Approach
Net Zero strategies for Buildings can play a significant role in reducing the Global GHG emissions. Therefore as SPIAPL, we are committed to adopt decarbonization strategies to minimize the adverse environmental impact associated with building construction & operations.
Our strategies shall include the following:
1. Enhancing energy efficiency
2. Use Renewable Energy
3. Use Sustainable Building Materials
4. Promote use of EV
5. Undertake Green Certifications
6. Perform Lifecycle Assessment
7. Circular waste strategies
We are glad to inform that we are signatory and supporters of “IGBC Mission on Net Zero”. As a part of this mission, we will continue to identify and implement Net Zero Strategies for our assets.
At Shapoorji Pallonji Investment Advisors Private Limited, we aim at supplementing the role of the Government in enhancing welfare measures for the society. Growing, moving ahead in a sustainable manner and creating a positive impact on our surroundings.
Our key areas of development are:
In line with the key focus areas and the CSR Policy, the Company has contributed funds, as CSR expenditure, to Masina Hospital, a hospital specializing in treatment of burns in South Mumbai and having a survival rate of almost 70% for patients with 50% burns. By contributing to Masina Hospital, a modern multi-specialty hospital which caters to needs of the lower income strata, the Company plans to further its goal towards providing better and more accessible health care facilities for the society at large.
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