Puravankara Limited
Climate Impact & Sustainability Data (2021-23)
Reporting Period: 2021-23
Environmental Metrics
Renewable Energy Share:28% (common area lighting)
Total Energy Consumption:485 MWh/year (HQ); 1003 MWh/year (Projects)
Water Consumption:5722 kL/year (HQ & Projects)
Waste Generated:3700 kg/year (HQ); 277,745 kg/year (Projects)
ESG Focus Areas
- Climate Protection
- Water Management
- Materials Efficiency
- Waste Management
- Occupational Health and Safety
- Customer Engagement
- Supply Chain Management
- Human Rights
- Diversity and Inclusion
- Business Ethics
- Corporate Governance
Environmental Achievements
- 103% surge in water recycling efforts
- Establishment of a Miyawaki forest with 15,000 saplings
- Six projects earmarked for IGBC certifications (four aiming for Gold, two for Silver)
Social Achievements
- 6.9% expansion of employee numbers
- 24% women employees (target of 35% by 2030)
- Zero work-related injuries during the reporting period
- 399,429 workers engaged in toolbox talks
Governance Achievements
- 13% Board Gender diversity
- Implementation of a Supplier Sustainability Code of Conduct
- Initiation of a supplier assessment methodology focusing on environmental and social practices
Climate Goals & Targets
Medium-term Goals:
- Achieve 35% women representation by 2030
Environmental Challenges
- Increase in energy consumption at headquarters (attributed to post-pandemic normalization)
- Increase in emissions at headquarters and projects (attributed to increased activity and energy consumption)
- Challenges in hiring diversity in terms of gender
Mitigation Strategies
- Implementing measures to promote energy efficiency and conservation
- Utilizing renewable energy sources (solar PV)
- Implementing water-efficient plumbing fixtures, rainwater harvesting, and STP treated water reuse
- Focussed efforts to enhance diversity quotient
Supply Chain Management
Supplier Audits: 4 new suppliers screened for environmental and social criteria
Responsible Procurement
- Supplier Sustainability Code of Conduct
- Supplier assessment methodology
Climate-Related Risks & Opportunities
Opportunities
- Switching to renewables
- Exploring prefabrication
Reporting Standards
Frameworks Used: GRI Standards
Awards & Recognition
- Lifetime Achievement Award at CREDAI CARE 2023
- Builder of the Year - Medium Category (West) at 6th BAM Awards 2022
- Best Architectural Design (Bengaluru) at PropTech Realty Brands 2022-West
- Most Preferred Brands of 2022 at Times Now
- Woman Achiever of the Year in Real Estate at ET Best Realty Brands 2022-West