Climate Change Data

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