Ganesh Housing Corporation Limited
Climate Impact & Sustainability Data (2022-2023, 2023-2024)
Reporting Period: 2022-2023
Environmental Metrics
Total Carbon Emissions:1982.63 mg/M3 (Scope 1)
Scope 1 Emissions:1982.63 mg/M3
Scope 2 Emissions:0 mg/M3
Total Energy Consumption:5,02,25,266 Kilo Joules
Water Consumption:46,720 kilolitres
Waste Generated:22.61 metric tonnes
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Installed solar panels at project site
- Implemented percolation/recharge wells to replenish groundwater
- Facilitated EV chargers at project site
- Planted trees along NH 8C and Hebatpur road
Social Achievements
- Completed Malabar County III project before committed time using pre-cast technologies
- Malabar Exotica project reached 83% completion in construction and 100% in booking
- Implemented robust waste management measures prioritizing 3R principles (Reduce, Reuse, Recycle)
Governance Achievements
- Achieved zero debt position
- Adopted a policy on Related Party Transactions
- Complied with all requirements of Stock Exchanges, SEBI and Statutory Authorities
Climate Goals & Targets
Environmental Challenges
- Land acquisition
- Access to financing
- Construction delays
- Contractor risks
- Health and safety risks
Mitigation Strategies
- Prudent capital allocation strategy
- Stringent contracts and procurement
- Assessing track records and performance skills of contractors
- ISO 45001:2018 Occupational Health and Safety Management System
- ISO 9001:2015 Quality Management System
- ISO 14001:2015 Environmental Management System
Supply Chain Management
Responsible Procurement
- Sustainable sourcing
- Prioritizing suppliers who share company values and adhere to environmentally friendly practices
- Ethical labor practices
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, NGRBC
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
Sustainable Products & Innovation
- Precast technology
Reporting Period: 2023-2024
Environmental Metrics
Water Consumption:48410 kilolitres
Waste Generated:56.518 metric tonnes
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Installed two windmills in one project using eco-friendly and reusable materials.
- Adopted precast technology in two projects to reduce labor costs and improve construction speed. Malabar Exotica project completed ahead of schedule.
Social Achievements
- Launched Malabar Retreat residential project.
- Various safety, health, and well-being programs and trainings organized for the entire workforce.
- Zero harm target achieved (zero fatalities).
Governance Achievements
- Implemented a comprehensive compliance management framework.
- Adopted a whistle-blower mechanism.
- Implemented a policy on prevention, prohibition, and redressal of sexual harassment at the workplace.
Climate Goals & Targets
Environmental Challenges
- Regulatory hurdles and legal complexities.
- High dependence on manual labor.
- Health and safety risks associated with construction.
- Data privacy and cybersecurity risks.
Mitigation Strategies
- In-house professionally managed team for compliance.
- Stringent contracts and procurement to manage cost-escalation risk.
- Assessment of contractors' track records and performance skills.
- Implementation of robust health and safety systems and processes.
- Privacy Impact analysis, Privacy-by-design and privacy-by-default approach.
- Sophos Security System for robust cybersecurity.
Supply Chain Management
Responsible Procurement
- Sustainable sourcing practices.
- Prioritizing suppliers who share company values and adhere to environmentally friendly practices.
- Ethical labor practices.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, NGRBC
Certifications: ISO 9001:2015, ISO 14001:2015, ISO 45001:2018
Sustainable Products & Innovation
- Precast technology
Awards & Recognition
- India’s top technology structure for 2023 (Malabar Exotica)