Climate Change Data

Environmental Metrics

ESG Focus Areas

• Education
• Employment
• Women Empowerment
• Environment Sustainability
• Area Development

Environmental Achievements

• Use of environmentally sound practices during construction
• Promoting plantation, water-saving, and cleanliness
• Thousands of plants planted in existing and new locations
• Installation of Organic Waste Compounder (OWC) in projects
• Use of recycled materials in construction (15-20%)
• Energy savings of approximately 15-20% by use of energy efficient devices
• Installation of Sewage Treatment Plant (STP) for treatment of domestic wastewater and recycle treated water for gardening and flushing purposes
• Provision of Rain-Water Harvesting (RWH) for recharging ground water and collection of rainwater from rooftops

Social Achievements

• Educating labourers' children through Ashiana Phoolwari Schools
• Improving Infrastructure of Govt. Schools
• Enhancing Skill Training for unskilled and semi-skilled workers
• Skill-based training workshops for women labourers
• 7 Phoolwari Schools functional during the year
• Training of 71 workers including 12 women in Mason Trade under CREDAI Programme
• No adverse impact on employees due to lockdown
• Loyalty grant to employees paid worth Rs. 62.09 Lakhs
• Rs. 26.10 lakhs of employee claims reimbursed
• Manju Gupta Scholarship worth Rs 35.34 lakhs granted
• Practo app providing 100% free virtual health consultations to employees
• Online and Physical Conduct of 07th Jashn Festival
• Post Delivery NPS of 33%

Governance Achievements

• High Corporate Governance Standards and ensuring transparency and high levels of business ethics
• Adequate internal financial controls with reference to financial statements
• Vigil Mechanism as part of the Whistle Blower Policy

Climate Goals & Targets

Environmental Challenges

• Impact of Covid-19 pandemic on operations and sales
• Rise in commodity prices (steel and cement) increasing construction costs
• Economic Risk due to macro-economic factors
• Capital intensive nature of business
• Regulatory clearances and permits
• Project execution risks
• Liquidity Risk due to slow sales and delayed payments
• Operational Risk due to Covid-19 pandemic

Mitigation Strategies

• Prudent capital allocation policy
• Asset light model and Joint Development of projects
• Geographical diversification
• Cautious approach and meticulous planning
• Strong in-house team and robust systems
• Special sales and marketing efforts
• Strong system to ensure timely identification of liquidity risk
• Strong balance sheet and adequate cash reserves
• Covid Committee for employee safety and business continuity
• Work From Home and digital marketing and sales techniques

Supply Chain Management

Responsible Procurement

• Sourcing from local suppliers wherever possible
• Minimizing packaging from suppliers

Climate-Related Risks & Opportunities

Awards & Recognition

• Ranked amongst Top 10 Real Estate Brands in India by Track2Realty
• Ranked as India’s No. 1 Senior Living Brand 4 times in a row by Track 2 Realty

Environmental Metrics

ESG Focus Areas

• Education
• Skill Development
• Women Empowerment
• Environment Sustainability
• Area Development
• Employee Well-being
• Customer Satisfaction
• On-Time Delivery
• Quality Construction

Environmental Achievements

• Installed organic waste converters in some projects.
• Implemented rainwater harvesting pits.
• Used recycled water from STP for flushing and horticulture.
• Used low flow nozzle fittings.
• Reduced construction debris generation by half.
• Introduced DWC pipes (environmentally friendly).

Social Achievements

• Trained 359 workers (275 men, 84 women) in mason and bar bending trades.
• Supported 11 Phoolwari schools for labourers' children.
• Enrolled 74 children in nearby government schools.
• Upgraded 4 government schools and repaired 6 others.
• Planted 327 saplings.
• Conducted 1500 activities for Supermoms with 2430 participants.
• Conducted 3567 activities across 5 senior living projects with 63547 participants.
• Conducted 4526 activities across projects with 120925 participants and 216160 attendees.
• Conducted first Senior Living Conclave with 500 seniors.

Governance Achievements

• Effective Shareholder Grievance Resolution Mechanism.
• GST and RERA compliant.
• Improved infrastructure of Government Schools through CSR initiatives.
• Participated in Government schemes under PMRPY & ABRY.

Climate Goals & Targets

Environmental Challenges

• Availability of adequately trained supervisory manpower.
• Mismatch in demand and supply of labor in the market.
• Upgrading as per modern techniques to increase efficiency.
• Economic Risk (cyclical nature of real estate, macro-economic factors).
• Capital intensive business.
• Regulatory clearances and approvals.
• Liquidity risk (slow sales, delayed payments).

Mitigation Strategies

• Adoption of asset-light model (Joint Development, partnering with investors).
• Maintaining low debt-equity ratio.
• Strong in-house team and robust systems for timely project completion.
• Meticulous planning and cautious approach.
• Special sales and marketing efforts for unsold inventory.
• Cash flow forecasting and monitoring of key financial ratios.
• Strong balance sheet and adequate cash reserves.

Supply Chain Management

Responsible Procurement

• Focus on local procurement.
• Code of conduct for suppliers.

Climate-Related Risks & Opportunities

UN Sustainable Development Goals

• Goal 4 (Quality Education)
• Goal 8 (Decent Work and Economic Growth)
• Goal 11 (Sustainable Cities and Communities)
• Goal 13 (Climate Action)

Initiatives contribute to these goals through education programs, skill development, sustainable construction practices, and community development.

Sustainable Products & Innovation

• Green elevators, solar geysers, LED lights, rainwater harvesting, organic waste converters, DWC pipes, AAC blocks.

Awards & Recognition

• India’s No. 1 Senior Living Brand (Track2Realty)
• Bhamashah Award (Rajasthan Govt.)
• Shiksha Bhushan Award (Rajasthan Govt.)
• Best Pavilion Award (CREDAI Real Estate Expo).