Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Social

Social Achievements

• Impactful CSR initiatives

Governance Achievements

• Robust governance framework
• Statutory audit by SRBC & Co. (EY), Internal audit by KPMG and outsourced business process audit
• Legal Compliance tool from EY

Climate Goals & Targets

Environmental Challenges

• Challenges in bank funding for land
• Informal markets
• Covid Uncertainty

Mitigation Strategies

• Created Joint Development models
• Efficient And Competitive Land Sourcing
• Judicious mix of long term value creation – through creation of destination in larger land parcels
• Use available headroom to significantly grow Project Pipeline
• Leverage HDFC partnership
• Expansion through expansion & extension of existing projects as well as greenfield acquisitions

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• 35 Awards & Accolades 2021

Environmental Metrics

ESG Focus Areas

• Sustainability
• Design
• Environmental Friendliness
• Community Engagement
• Human Rights

Environmental Achievements

• Designed properties with minimal biodiversity disturbance
• Extensive use of eco-friendly products (AAC Blocks, RCC Pavers, fly ash, fiber reinforce plastic, organic waste convertor, renewable energy, water harvesting and sewage treatment plant)
• Reduced carbon footprint through sustainable design and eco-friendly materials

Social Achievements

• Launched loyalty program Arvind Prive
• Strengthened customer engagement team
• Conducted annual Net Promotion Score survey
• Conducted Customer Satisfaction Survey
• Organized several customer engagement activities

Governance Achievements

• Strong promoter support
• Strong governance structures
• Improved credit rating (IND A with a positive outlook)
• Transparent disclosures
• Ethical engagement with stakeholders

Climate Goals & Targets

Environmental Challenges

• Economic risk (unstable cash flows due to high economic cyclicality)
• Operational risks (longer gestation period for land procurement, approvals, delays in project completion)
• Project risk (cost overruns, subdued sales)
• Interest rate risk
• Liquidity risk
• Concentration risk
• Raw material risk
• Regulatory and political risk

Mitigation Strategies

• Diversified business operations across Ahmedabad, Bangalore, Pune, and exploring Mumbai
• Effective cost management, adequate liquidity
• Well-structured framework for controls and risk monitoring
• Cautious price increases to protect margins
• Investment in ERP and SAP for project monitoring
• Minimized project completion risk through committed receivables exceeding construction costs
• Maintaining cash reserves, diversifying funding sources, monitoring cash flow and liquidity
• Low borrowing cost (10.4% as of March 31, 2023)
• De-risked product presence through horizontal and vertical offerings
• Established supply chain with standard pricing for raw materials
• Measured price increases
• Strong relationship with government officials, staying updated on regulatory changes, crisis management plan

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

• Eco-friendly materials and designs

Awards & Recognition

• Fastest Growing Realty Brand of the Year
• Themed Project Of The Year (Oasis)
• Digital Innovation Of The Year (Arvind Belair)