Nexus Select Trust
Climate Impact & Sustainability Data (2023-24)
Reporting Period: 2023-24
Environmental Metrics
Total Carbon Emissions:46,239 tCO2e/year
Scope 1 Emissions:1,496 tCO2e/year
Scope 2 Emissions:44,743 tCO2e/year
Scope 3 Emissions:83,596 tCO2e/year
Renewable Energy Share:38%
Total Energy Consumption:380,405 GJ/year
Water Consumption:25,70,355 kl/year
Waste Generated:3,472.71 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Resilience
- Sustainable Operations
- Diversity, Equity, and Inclusion (DE&I)
- Stakeholder Engagement
- Management & Compliance
- Transparency & Reporting
Environmental Achievements
- 31.5% reduction in combined Scope 1 and 2 GHG Emissions (compared to FY 2020 baseline)
- 38+ MW Renewable Energy Capacity
- 99.6% of waste diverted from landfill
- 100% of malls are Green Building Certified
- Two Malls with a 5-star BEE Energy Rating
- 15 out of 17 malls achieved Zero Liquid Discharge (ZLD) status
Social Achievements
- 25% female representation in the total workforce
- 2% representation of Persons with Disabilities (PwDs) in the total workforce
- 1.5% representation of ex-servicemen & their kin and people with a sports background in the total workforce
- Zero Reportable Accidents at the workplace
- Human Rights Assessments conducted at all malls
- 46 hours of average training per on-roll employee per year
- 23 hours of average training per employee (on-roll and outsourced) per year
- Rejuvenation of 4 lakes in Chennai, Bengaluru, and Chalisgaon
Governance Achievements
- 100% of Directors on the Board apprised of ESG performance
- Zero Data Breaches across Nexus Select
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Net Zero by 2030
Short-term Goals:
- Reduce combined Scope 1 and 2 GHG Emissions by 25.2% (compared to FY 2020 baseline) by FY 2025
- Achieve 50MW Renewable Energy Capacity by FY 2025
- Zero Waste to Landfill by FY 2025
- Incorporate Green Lease clause in tenant agreements / renewals by FY 2025
- 30% female representation in the total workforce by FY 2025
- 2% representation of Persons with Disabilities (PwDs) in the total workforce by FY 2025
- 2% representation of ex-servicemen & their kin and people with a sports background in the total workforce by FY 2025
- 2 hours of average volunteering per employee per year by FY 2025
- Maintain Zero Reportable Accidents at the workplace by FY 2025
- 26 hours of average training per employee per year by FY 2025
- Rejuvenate 15 lakes by 2025
Environmental Challenges
- Water availability
- Biodiversity and Land Use
- Energy and emission management
- Circular economy and Waste management
- Climate Risk
- Employee Health, Safety and Wellbeing
- Human Rights and Labor Relations
- Regulatory Compliance
- Data Privacy and Security
- Tenant Relationships and Customer Satisfaction
- Community Relations
Mitigation Strategies
- Dedicated Water Management Policy, rainwater harvesting, water audits, low-flow fixtures, smart irrigation system, onsite Sewage Treatment Plants (STPs)
- Biodiversity and Habitat Policy, biophilic design elements, educational and advocacy initiatives
- Energy and Emissions Policy, energy efficiency measures, renewable energy integration (38+ MW capacity)
- Waste Management Policy, waste minimization, waste recovery and disposal through third-party facilities, customer awareness activities
- Climate Change Adaptation and Disaster Resiliency Policy, Business Continuity Plan, structural changes and upgrades, due diligence assessments, disaster preparedness plans
- Policy on Health and Safety, Hazard Identification and Risk Assessment (HIRA), OHS trainings, SOPs with evacuation plans, dedicated Fire, Life and Security department
- Human Rights Policy, periodic Human Rights assessments, human rights assessments for critical suppliers
- Code of Conduct and Ethics, compliance with environmental and societal laws
- Cyber Security Policy, data management, cybersecurity measures, vulnerability assessments, penetration testing, employee training
- Consistent and reliable services, customer feedback mechanisms, relationship management programs
- CSR efforts and community development programs
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct Policy
Climate-Related Risks & Opportunities
Physical Risks
- Flooding
- Extreme heat
- Draught
- Cyclones
- Land sinking
- Earthquakes
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: BRSR, TCFD
Certifications: ISO 14001, ISO 45001, IGBC, GRIHA, BEE 5-star
Third-party Assurance: The British Standards Institution
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed