Climate Change Data

Environmental Metrics

ESG Focus Areas

• Economic performance
• Customer centricity
• Ethics and governance
• Regulatory compliance
• Energy and emissions
• Water stewardship
• Waste management
• Biodiversity
• Training and development
• Occupational health and safety
• Human rights
• Sustainable and resilient supply chain
• Community development
• Well-being

Environmental Achievements

• 39% reduction in overall energy consumption
• 51% of total energy from renewable sources
• Recycled 48% of total water withdrawal
• Installation of 525 KW solar plant at Embassy 247, Mumbai
• 100% of facilities equipped with STPs
• 190 million units (MU) generated by 100 MW solar park in Karnataka
• 14 tons of compost produced annually from food waste recycling at Embassy Tech Village

Social Achievements

• Distributed over 573,000 meals and thousands of dry ration kits to families of daily wage earners
• Supported 43 government schools, 100 tribal schools and 6 anganwadis with multiyear education programs
• 100% of employees received performance appraisal
• Implemented flood mitigation measures at Embassy Manyata Business Park
• Partnered with 23 corporates for 50 social development projects
• Provided face shields and temperature scanners to all government primary and high schools in Karnataka

Governance Achievements

• Established an ESG Committee to drive the organization’s ESG agenda
• Adopted a comprehensive set of compliance policies
• 11% women representation on the Board

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic impacting occupancy and operations
• Water stress in operational areas
• Reduced occupancy due to COVID-19 restrictions impacting energy, water, and waste data

Mitigation Strategies

• Developed a business continuity plan
• Implemented stringent safety protocols
• Daily updates to stakeholders
• Prioritized health of frontline employees
• Implemented energy saving initiatives
• Increased reliance on solar energy
• Reduced water usage
• Waste recycling and reuse initiatives
• Flood mitigation measures

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Flooding

Reporting Standards

Frameworks Used: GRI Standards (2020) - Core option, AA1000 Assurance Standard, AA1000AS v3

Certifications: LEED Platinum and Gold certifications, IGBC Green Campus certified Platinum, ISO 45001

Third-party Assurance: British Standards Institution (BSI)

UN Sustainable Development Goals

• Goal 7 (Affordable and Clean Energy)
• Goal 6 (Clean Water and Sanitation)
• Goal 13 (Climate Action)
• Goal 4 (Quality Education)
• Goal 1 (No Poverty)
• Goal 8 (Decent Work and Economic Growth)
• Goal 11 (Sustainable Cities and Communities)

Initiatives aligned with various SDGs through energy efficiency, water conservation, waste management, education programs, and community development.

Awards & Recognition

• Best Green Building Initiative 2020
• Best Green Excellence: Sustainability Award
• LEED Platinum and Gold certifications
• IGBC Green Campus certified Platinum
• COVID-19 Assurance Certificate - British Safety Council

Environmental Metrics

ESG Focus Areas

• Energy and Emissions
• Water Stewardship
• Waste Management
• Biodiversity
• Community Development
• Employee Well-being
• Corporate Governance
• Risk Management
• Sustainable Supply Chain

Environmental Achievements

• 100 MW (AC) Solar Plant reducing 158mn kg CO2 emissions annually
• Transitioning lighting to LED and upgrading cooling systems to reduce power consumption
• Waste segregation at source, safe disposal of hazardous waste and on-premise recycling of organic waste
• Environmental impact assessment at Embassy Manyata and Embassy TechZone
• 525 kW Solar Rooftop at Embassy 247, with plans for an additional 20+ MW by March 2023

Social Achievements

• Corporate Connect program partnering with occupiers on CSR initiatives (30+ partners, 60+ projects, ₹58 million contributed, 3-fold funds raised from occupiers)
• Community initiatives including building and maintaining government schools, education, health and hygiene interventions, and the Ecogram project
• Focus on occupational health, safety, and wellbeing (BSC and BSI certifications, WELL PortfolioTM program)
• Employee engagement programs (Energize, Q Life, Embassy Plus)
• Equal opportunity employer ensuring diversity of gender, ethnicity, caste, and creed

Governance Achievements

• 50% independent directors on the Board
• ESG performance linked to Senior Executives’ KRAs
• Comprehensive policies for the governance framework
• Robust risk management framework, oversight by Risk Mgmt. Committee
• Annual ESG report published in line with GRI standards

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Supplier code of conduct, performance monitoring and training programs
• ESG-specific clauses in key contracts

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 45001, CSA Six 5-star, Five 4-star, One 3-star certifications, WELL PortfolioTM

Third-party Assurance: British Standard Institutions (BSI)

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Resilient Planet
• Revitalized Communities
• Responsible Business

Environmental Achievements

• Increased renewable energy usage to 53% of total energy consumption.
• LEED Net Zero Water certification for 35 buildings.
• LEED Net Zero Energy certification for one building (Carnation Wells Fargo building).

Social Achievements

• Improved gender diversity ratio to 26% (37% of new hires were female).
• Average training hours per employee increased to 19 hours.
• Launched ‘Novo health @ Embassy Manyata’ employee well-being program.
• Zero Loss Time Injury.

Governance Achievements

• 75% Independent Directors on the Board.
• Comprehensive ESG due diligence for all acquisitions.
• 5-star rating by GRESB for the entire portfolio (second year in a row).
• Ranked #1 in India for public disclosures (GRESB).

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions due to various factors.
• Water scarcity in operating locations.
• Climate change impacts (extreme weather, temperature rise, water stress).
• Transition risks related to carbon pricing and regulations.

Mitigation Strategies

• Local sourcing initiatives (90.5% of supplies sourced locally).
• Water conservation measures (rainwater harvesting, water-efficient fixtures, wastewater recycling).
• Renewable energy investments (rooftop solar projects).
• Energy efficiency improvements (LED lighting, smart meters, efficient HVAC systems).
• Robust risk management framework and TCFD alignment.

Supply Chain Management

Supplier Audits: 100% of suppliers screened for ESG criteria; periodic audits conducted.

Responsible Procurement

• Supplier Code of Conduct
• ESG clauses in supplier agreements
• Local sourcing initiatives
• ESG training for suppliers

Climate-Related Risks & Opportunities

Physical Risks

• Drought
• Riverine floods
• Extreme rainfall
• Sea level rise
• Temperature rise
• Coastal floods
• Water stress

Transition Risks

• Carbon pricing
• New environmental regulations
• Changes in consumer demand
• Resource scarcity
• Increased investor focus on green finance

Opportunities

• Increased demand for sustainable products and services
• Development of energy-efficient products
• Capitalizing on the carbon market
• Attracting green investment

Reporting Standards

Frameworks Used: GRI Standards (2021), TCFD, BRSR

Certifications: USGBC LEED Platinum, WELL Health Safety Rating, British Safety Council 5-star rating, ISO 9001, 14001, 45001, 27001

Third-party Assurance: BSI Group India Private Limited

UN Sustainable Development Goals

• SDG 3
• SDG 4
• SDG 5
• SDG 6
• SDG 7
• SDG 8
• SDG 9
• SDG 10
• SDG 11
• SDG 12
• SDG 13
• SDG 15

Embassy REIT's ESG framework and business model contribute to these SDGs through various initiatives.

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• GRESB 5-star rating
• Ranked #1 in India for public disclosures (GRESB)
• Inclusion in Dow Jones Sustainability Indices
• Property Guru Asia Property Awards