Climate Change Data

SHRIRAM PROPERTIES LIMITED

Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Total Carbon Emissions:972.49 tCO2e/year
Scope 1 Emissions:252.73 tCO2e/year
Scope 2 Emissions:719.76 tCO2e/year
Scope 3 Emissions:0 tCO2e/year
Water Consumption:25,413.45 KL/year
Waste Generated:0 tons/year
Carbon Intensity:0.14 Metric tonnes / C Mn

ESG Focus Areas

  • Customer Satisfaction
  • Quality and Safe working
  • Economic performance
  • Governance
  • Health and Safety
  • Sustainability and Green Building
  • Human Rights
  • Data Privacy and Safety

Environmental Achievements

  • 30% reduction of power with more light (LED bulbs)
  • 20% saving of fresh water (recycling STP treated water)

Social Achievements

  • 100% of women employees who availed maternity benefit returned to work
  • Various channels of communication to receive and redress grievances (Whistle Blower System, POSH complaints, general grievances to HR)
  • Periodic health check-up and welfare measures for workers through contractors
  • Donations to NGOs, hospitals, and educational institutions

Governance Achievements

  • Annual Declarations from Directors and KMPs to identify and avoid conflicts of interest
  • Training programs on Code of Conduct, Ethical Leadership, and other relevant topics

Climate Goals & Targets

Environmental Challenges

  • Highly sensitive to deliverables and promises; delayed projects
  • Brand image issues related to quality and safety
  • Administering all applicable laws at the site level
  • Accidents and mishaps at site
  • Protection of company data and personal data of employees
Mitigation Strategies
  • Close interaction with customers, regular feedback surveys
  • Technology upgrades, process improvements, value engineering
  • Training on adherence to laws and ethical business practices, frequent audits
  • Robust training on best practices, safety audits, surveillance
  • SOP on data protection, firewalls, access control, security audits, data backup

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement
  • Sustainable Supply Chain Management Policy (SSCM)
  • Priority to locally sourced materials
  • Preference to green-certified products

Climate-Related Risks & Opportunities

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:994.96 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:234.81 tCO2e/year
Scope 2 Emissions:760.15 tCO2e/year
Water Consumption:75,425 KL/year
Carbon Intensity:0.012 Metric tonnes / H lakhs (FY24)

ESG Focus Areas

  • Customer Satisfaction
  • Governance (Regulatory Compliance, Bribery, Anti-Corruption)
  • Occupational Health and Safety
  • Sustainability and Green Building
  • Human Rights
  • Data Privacy and Safety

Environmental Achievements

  • Reduced water usage by 27% through water conservation measures.
  • Achieved 38% energy savings through energy conservation measures at Park 63 project.
  • Reduced carbon footprint through the use of GGBS in concrete mix composition.
  • Reused wastewater for secondary consumption purposes (gardening, landscaping, flushing) via STP.
  • Utilized voided and waffle slab technologies to reduce concrete and steel usage.

Social Achievements

  • Improved conditions for intellectually disabled children at Tambaram Institute.
  • Distributed relief kits to over 2,500 families affected by Cyclone Michaung.
  • Conducted road safety awareness campaigns with Tamil Nadu Traffic Police.
  • Provided training programs on various topics for employees (Health and safety, skill upgradation).

Governance Achievements

  • Implemented training and awareness programs on various principles for Board of Directors, KMPs, and employees.
  • Established multiple communication channels for addressing and resolving grievances (Whistleblower system, HR Department).

Climate Goals & Targets

Environmental Challenges

  • Delay in handover/construction timelines resulting in fines, penalties, and customer dissatisfaction.
  • Non-compliance to agreement terms and conditions leading to customer dissatisfaction.
  • Inability to gauge customer preferences resulting in loss of customers.
  • Poor quality resulting in repair costs, litigations, and adverse brand image.
  • Unethical practices resulting in legal consequences and adverse image.
  • Regulatory non-compliances exposing the company to litigation, fines, and penalties.
  • Accidents and mishaps at sites causing loss of life, injury, and property damage.
  • Loss of employee and customer data, business disruption, and customer dissatisfaction.
Mitigation Strategies
  • Regular interaction with customers to understand and resolve issues.
  • PULSE survey and feedback mechanism.
  • Product design and pricing aligned with market expectations.
  • Training for sales and marketing teams to work closely with customers.
  • Investment in quality control, technology upgrades, process improvement, value engineering, and innovation.
  • Training at all levels for adherence to laws and company policies.
  • Strict enforcement through frequent audits.
  • Ethical business practices.
  • Robust training on best practices, use of audio-visual aids and posters.
  • H&S audits and strict enforcement.
  • Surveillance by CC cameras at sites.
  • Implementing stringent data protection policies and procedures.
  • Imparting training and awareness programs for employees on data protection and privacy.
  • Developing backup and third-location data storage with mirror image techniques (DRS).

Supply Chain Management

Supplier Audits: 100%

Responsible Procurement
  • Sustainable Supply Chain Management Policy (SSCM)
  • Priority to purchasing locally available materials/products of high quality
  • Preference to green-certified field products

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Aluminum formwork technology
  • GGBS as a Supplementary Cementitious Material (SCM)
  • Voided and waffle slab technologies