Climate Change Data

Environmental Metrics

Climate Goals & Targets

Environmental Challenges

• The real estate sector continued to face a challenging environment due to lacklustre demand scenario, various policy hurdles, delay in approval cycle, continued high borrowing costs both for industry and consumer.

Mitigation Strategies

• The Company is taking cost cutting measures and exploring new avenues of business to improve profitability.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Sustainability
• Community Development
• Employee Well-being
• Safety

Environmental Achievements

• Integration of ecological initiatives such as rainwater harvesting, solar power, fly ash bricks in projects
• Ensuring ample green cover in projects and surrounding areas

Social Achievements

• Creation and operation of daycare centers for construction workers' children
• Community service initiatives through Eldeco Care (drinking water, community facilities, ambulances)
• Gender-diverse working culture

Governance Achievements

• Emphasis on a fraud-free and corruption-free work culture
• Implementation of policies like Code of Conduct and Policy on Prevention of Sexual Harassment

Climate Goals & Targets

Environmental Challenges

• COVID-19 pandemic and its impact on sales, execution, and supply chains
• Second wave of COVID-19 leading to lockdowns and reduced economic activity

Mitigation Strategies

• Prioritization of business continuity and stakeholder engagement
• Implementation of safety protocols at construction sites
• Work from home for eligible employees
• Exploring new land parcels and launching projects outside core market

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Best Builder Excellence award
• Best Entrepreneur of the Decade Award
• Brand Leadership Award
• Best Value for Money Project for Eldeco Saubhagyam
• Pride of India Gold Medal for International Excellence

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Sewerage Treatment Plant that recycles approx. 80% of wastewater; helps in reduced use of groundwater; manure produced in filtration deployed in horticulture
• Solar panels have been installed at various Eldeco townships and group housing projects that helps in cutting down energy bills by 15%
• Rain Water Harvesting implemented during project development; collected water is used to recharge groundwater through groundwater pits
• At present, solar water heaters are installed at Eldeco Estate One-Panipat, Eden Park-Neemrana and Estate One- Ludhiana.

Social Achievements

• More than 500 Children across Eldeco Construction sites receive free meals, taught basic hygiene and are imparted elementary education
• Financial Literacy, Skill Development, Value Education, amongst youth of Martinpurva Village for Financial empowerment
• Construction of First floor of the Institute which will serve a complete health solution to rural population of the State
• Helping the less privileged through Akshayapatra Foundation, Help U Educational and Charitable Trust, Bharat Lok Shiksha Parishad, Cheshire Care Homes, Ummeed Ashrayagrah, and Creche for Construction Labour's Children

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Best Commercial Project at CNBC AWAAZ Real Estate Awards 2023 - North Zone
• Stalwarts of the North Delhi NCR
• Developer of the Year - Residential and Commercial Project of the Year at 15th Realty+ Conclave & Excellence Awards - 2023 North
• India’s Top Builders 2021 in the North at Construction World Architecture & Builders (CWAB) Awards 2021
• Commercial Project – Mixed Use and Residential Project Villa at ET Real Estate Awards 2024
• Business Leadership Awards 2021 under the category ‘Developer of The Year (Residential)'