Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance

Environmental Achievements

• Sewage treatment plants for recycling and reusing water for flushing and gardening
• Waste treatment plant for treating drinking water
• Drought-tolerant horticulture species in horticulture planted inside our complexes
• Rainwater harvesting pits across our projects
• Engineered wood used in the fabrication of doors
• Investment of about 25% green area coverage across our project landscape
• Use of floors made of recycled rubber in children’s play areas
• Use of aerators in taps within the facility
• Dual flushing system in water closets across our project
• Use of fly-ash in the concrete utilised in our complex
• Use of AAC blocks, comprising fly-ash
• Sufficiently ventilated and naturally illuminated homes that moderate the use of light and cooling products
• Use of organic waste composters
• Responsible Solid Waste Management is carried out in every project
• Soil samples are tested on a bi-annual basis on operational projects and construction water
• Received certification for ISO 14001:2015 & 45001:2018 for Life Republic project

Social Achievements

• Reported 9.97 Mn person- hours during FY 2021-22 without a serious mishap across its construction sites
• Workers were motivated through forums like motivational rewards programme
• Conducted vaccination campaign
• Conducted on job training for the workers and staff
• Digitalized work permit system
• Conducted near miss campaign drive
• Initiated safety suggestion/feedback from workforce
• Received Greentech International Safety award for Life Republic project

Governance Achievements

• Assigned a long-term rating of ‘ICRA A+/Positive’, which, with the existing ‘CRISIL A+/Stable’ rating, enhances KPDL’s rating profile and showcases its governance commitment
• Reduced net debt by ₹179 Crore during FY 2021-22

Climate Goals & Targets

Environmental Challenges

• Economic slowdown might hamper the financial performance of the Company
• Significant variations in raw material prices might lead to considerable losses, which might impact the topline
• Projects progress and cash flows are affected due to a reduction in construction workers
• The Company might not be able to economically fund its capex
• The Company’s focus on a few areas could affect growth
• Intense competition could affect the Company’s market share

Mitigation Strategies

• Indian economy rebounded by 87.% in FY 2021-22, the Company reported increase in collection efficiency and reduced debt
• The Company has a well-defined material procurement strategy. The Company agreed upon a standard price with vendors for key raw materials to be supplied within a specific time period
• The Company offered attractive remuneration, enthusiastic work culture and defined career paths to retain employees
• The Company strengthened its debt-equity ratio to 0.14 during FY 2021- 22 from 0.35 during FY 2020-21. The Company was accredited with A+/ Stable rating by CRISIL and A+/Positive by ICRA, highest among the Indian residential real estate companies
• The Company enjoys a dominant presence in Pune with a growing focus on Mumbai and Bengaluru
• The Company’s expertise in project planning and execution, along with robust procurement and human resource practices, makes it a quintessential choice for every consumer

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Trusted Brand of the Year, Times Realty, 2021-22
• Top Developer of the year, Times Real Estate Icons, 2020-21
• India’s Top Challengers, Construction World Global Aw, 2020-21
• India’s Most Trusted Real Estate Brand, TRA’s Brand Trust Report 2020
• Best Realtor , Times Realty, 2019-20
• Brand Excellence in Real Estate Sector, ABP News, 2019-20
• Developer of the Year Residential, CNN NEWS18, 2019-20
• Most Trusted brand, ET Now, 2019-20
• Brand of the Year, Economic Times, 2018-19
• Game Changer of Maharashtra, Economic Times, 2017-18
• Luxury Developer of the Year – 24K, Times Network, 2017-18
• Most Trusted Real Estate Brand, Times Network, 2017-18
• India’s Top Challengers, Construction World 2017-18
• Developer of the Year, Realty Plus, 2016- 17
• Brand of the Year, Golden Bricks Awards (Dubai), 2016-17
• Asia’s Greatest Brand, Asia One, 2016-17
• Asia-Pacific Property Awards 2022- 2023, Residential Property India -24K Stargaze
• Residential High Rise Architecture India- 2021, Asia Pacific Property Awards (IPA), 2020-21
• Top Township projects (above 350 acres), Times Real Estate Icons, 2020-21
• Integrated Township of the year, CNN News18, 2019-20
• Luxury Project of the year – 24K Stargaze, ET Now, 2019-20
• Innovative marketing campaign of the year – Life Republic, ET Now, 2019-20
• Luxury Project of the year – 24K Stargaze, Times Network, 2017-18
• Integrated Township of the year – Life Republic, ABP News, 2016-17
• Best Township Project of the year – Life Republic, Golden Bricks Awards (Dubai), 2016-17

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Safety
• Governance

Environmental Achievements

• Established sewage treatment plants to recycle water
• Reached 165 KVA operational solar capacity at Life Republic
• Established a water treatment facility
• Planted drought-resistant plants for water conservation
• Constructed rainwater harvesting pits
• Used engineered wood in door fabrication
• Dedicated ~25% of project landscape to green areas
• Installed recycled rubber floors in children’s play areas
• Installed aerators in taps and implemented a dual flushing system to conserve water
• Used fly-ash concrete and AAC blocks
• Designed homes with adequate ventilation and natural lighting
• Utilized organic waste composters
• Implemented responsible solid waste management
• Partnered with Tata Power to integrate EV charging infrastructure

Social Achievements

• Reported 9 million person-hours without a serious mishap
• Celebrated Yoga Day and National Safety Week
• Provided on-the-job training for workers
• Implemented a digitalized work permit system
• Actively sought safety suggestions from workforce
• Implemented a biometric access control system for passenger hoist
• Maintained a 92.7% employee retention rate
• 17% women workforce

Governance Achievements

• Implemented an Internal Controls Framework and a robust risk framework
• Established Board-level statutory and non-statutory committees
• 50% of the Board comprises Independent Directors
• Strengthened an audit-driven and compliance-driven approach
• Implemented a compliance tool for regulatory compliances
• Published quarterly operational updates

Climate Goals & Targets

Environmental Challenges

• Market risk (fluctuations in real estate prices and demand)
• Interest rate risk
• Raw material risk
• Liquidity risk
• Political and regulatory risk
• Competition risk

Mitigation Strategies

• Portfolio diversification across cities and property types
• Maintaining cash reserves and diversifying funding sources
• Establishing standard pricing for raw materials
• Robust sales pipeline and collections from projects
• Staying informed about regulatory changes and conducting due diligence
• Market research, customer satisfaction, innovation, and strategic partnerships

Supply Chain Management

Responsible Procurement

• Sourcing from ISO certified vendors
• Procuring from well-known market players

Climate-Related Risks & Opportunities

Opportunities

• Green building opportunities

Reporting Standards

Frameworks Used: NGRBC

Certifications: ISO 45001

Awards & Recognition

• Times Power Brands, 2023 – Legacy Brand in Real Estate, Pune (Kolte-Patil)
• Trusted Brand of the Year, Times Realty, 2021-22
• Top Developer of the year, Times Real Estate Icons, 2020-21
• India’s Top Challengers, Construction World Global Awards, 2020-21
• India’s Most Trusted Real Estate Brand, TRA’s Brand Trust Report 2020
• Best Realtor, Times Realty, 2019-20
• Brand Excellence in Real Estate Sector, ABP News, 2019-20
• Developer of the Year, Residential, CNN NEWS18, 2019-20
• Most Trusted brand, ET Now, 2019-20
• Brand of the Year, Economic Times, 2018-19
• Game Changer of Maharashtra, Economic Times, 2017-18
• Luxury Developer of the Year – 24K, Times Network, 2017-18
• Most Trusted Real Estate Brand, Times Network, 2017-18

Environmental Metrics

ESG Focus Areas

• Environment Responsibility
• Workplace Safety
• Customer Relationship Management
• Governance

Environmental Achievements

• Most properties constructed by the Company have been certified by the Indian Green Building Council (IGBC)

Social Achievements

• Trained senior employees on Prevention of Sexual Harassment (POSH) with 17 awareness sessions and 5 training sessions for Internal Committee members.
• Reduced levels in the organizational structure to create a leaner, agile workplace
• Launched initiatives to enhance workplace engagement, including in-house film screenings, ‘Snack O’Clock’ and blood donation drives.
• 11.13 million person-hours, across our construction sites without a serious mishap

Governance Achievements

• Implemented an Internal Controls Framework and a robust risk framework.
• Established a dedicated plant & machinery team to ensure equipment safety and health.
• Implemented a compliance tool in order to monitor the Regulatory Compliances

Climate Goals & Targets

Environmental Challenges

• Market risk
• Interest rate risk
• Raw material risk
• Political and regulatory risk
• Liquidity risk
• Competition risk

Mitigation Strategies

• Diversified its portfolio by investing in different types of properties across cities like Pune, Mumbai and Bengaluru.
• Keeps the required amount of cash reserves, periodically analysing its cash flows and liquidity status while diversifying its funding sources.
• Supply chain is well established. With a robust network of suppliers, the business has applied the standard supply pricing of essential raw materials over a pre-specified time.
• Stays well aware of the fluctuations in the laws and regulations, establishing and maintaining relationships with the local authorities and conducting due diligence on properties before acquisition.
• Liquidity is maintained by strong sales as well as collections from planned projects and existing ones.
• Conducts market research to make its offerings appear different. The Company provides importance to customer satisfaction and embraces innovation to enhance the overall experience and build customer loyalty.

Supply Chain Management

Responsible Procurement

• Rigorous assessments are carried out to verify their ISO certification status.
• Procure input materials exclusively from reputed and well-recognized market players.

Climate-Related Risks & Opportunities

Awards & Recognition

• Legacy Brand in Real Estate, Pune, Times Power Brands, 2023
• Trusted Brand of the Year, Times Realty, FY 2021-22
• Most Iconic Luxury Brand in Real Estate, 24K, ET Business Awards, 2022
• Top Developer of the year, Times Real Estate Icons, FY 2020-21
• India’s Top Challengers, Construction World Global Awards, FY 2020-21
• India’s Most Trusted Real Estate Brand, TRA’s Brand Trust Report 2020
• Best Realtor, Times Realty, FY 2019-20
• Brand Excellence in Real Estate Sector, ABP News, FY 2019-20
• Developer of the Year, Residential, CNN NEWS18, FY 2019-20
• Most Trusted brand, ET Now, FY 2019-20
• Best residential development 20+ units India - 24K Atria, Asia Pacific Property Awards Development in association with American standard, FY 2024- 25
• Best Township Project, Pune (Life Republic), Times Power Brands, 2023
• Residential Project - Township (Metro: Ongoing)- Life Republic, ET Real Estate Awards 2023 – WEST
• Luxury Project of the year – K52, Real Estate Business Excellence, Zee Business, 2023
• Residential Project – Mid Segment (Metro: Ongoing)- AROS, ET Real Estate Awards 2023 – WEST
• Residential Property India –24K Stargaze By Kolte-Patil Developers Limited, Asia Pacific Property Awards (IPA) FY 2022- 23
• Top Mid-Segment Homes, Project Little Earth, Pune Mirror (Real Estate Icons), 2022
• Asia-Pacific Property Awards FY 2022-23, Residential Property India - 24K Stargaze