Climate Change Data

Nirlon Limited

Climate Impact & Sustainability Data (2022-2023)

Reporting Period: 2022-2023

Environmental Metrics

Total Carbon Emissions:32731.21 tCO2e/year
Scope 1 Emissions:1085.12 tCO2e/year
Scope 2 Emissions:31646.09 tCO2e/year
Scope 3 Emissions:0.00 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:38592789.00 kWh/year
Water Consumption:39449.00 kl/year
Waste Generated:611.57 tons/year
Carbon Intensity:0.57 Metric tonnes of CO2 equivalent per rupee of turnover

ESG Focus Areas

  • Energy Efficiency
  • Waste Management
  • Water Conservation
  • Carbon Footprint Reduction
  • CSR initiatives targeted toward the local community
  • Ethical Business Practices
  • Compliance and Risk Management
  • Board Diversity
  • Data Privacy and Security

Environmental Achievements

  • Completed development of Phase 5 of Nirlon Knowledge Park (NKP), entirely licensed to J.P. Morgan Services India Pvt. Ltd.
  • Over 99% of licensable area in Phases 1-5 of NKP remained licensed to institutional occupants.
  • Implemented rain water harvesting, organic waste convertors, and sewage treatment plants.

Social Achievements

  • Allocated at least 2% of the Company’s average profits for the last 3 years towards CSR objectives.
  • Supported local CSR initiatives in healthcare, education, environment, and improving quality of life for disadvantaged communities.

Governance Achievements

  • Adhered to high ethical standards in all business operations, promoting transparency, integrity, and responsible decision-making.
  • Ensured compliance with applicable laws and regulations, managed risks effectively, and implemented robust governance frameworks.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve LEED Net Zero Water Certification and TRUE Waste Silver/Gold Certification.
Short-term Goals:
  • Renew licenses and license vacant space.
  • Maintain high occupancy at NKP.
  • Continue ESG initiatives.

Environmental Challenges

  • Global economic conditions impacting real estate demand in India.
  • Possibility of an extended inflationary cycle and recession in major economies.
  • Repercussions from the war in Ukraine.
  • Demand for inexpensive commercial real estate in other Indian cities.
  • Possible impact of Work From Home (WFH) and flexible workspace trends.
Mitigation Strategies
  • Renewing licenses and licensing vacant space at competitive rates.
  • Maintaining high standards at NKP to keep occupancy high.
  • Scheduled servicing of loans.
  • Implementing mitigation strategies for emerging trends in the commercial office space market.
  • Continuing to follow processes and awareness measures to keep locations safe from pandemics.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • 65% of inputs sourced sustainably.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: Null

Certifications: LEEDS Gold and Platinum, WELL Building Standards

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed