Keystone Realtors Limited
Climate Impact & Sustainability Data (2022-23, 2023-04 to 2024-03)
Reporting Period: 2022-23
Environmental Metrics
Total Carbon Emissions:3590 Metric tons of CO2 equivalent
Scope 1 Emissions:104.74 Metric tons of CO2 equivalent
Scope 2 Emissions:3485.28 Metric tons of CO2 equivalent
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:16859.65 GJ
Water Consumption:193331.55 KL
Waste Generated:9896.00 MT
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental norms/legislations
- Regulatory Compliance
- Scarcity Of Water
- Human Rights
- Economic Performance
Environmental Achievements
- Projects are designed according to green building standards for energy and resource efficiency. They have roof top solar photovoltaic installations to reduce the carbon footprint.
- Some of KRL’s completed and existing projects are certified under CII’s Green building IGBC certification scheme and achieved silver rating.
Social Achievements
- Our overall gender diversity at the Employee level (other than Board & KMP) stands at 20.62%
- The Company has constituted a standing forum, both at the Group Level as well as at individual entity level, that aids and advises the management in its approach towards building sustainable Human Rights.
Governance Achievements
- The Company has a robust set of environmental, social and governance-related policies to foster a culture of compliance within the organisation.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- New laws related to environment (specifically climate related), CSR activities are being created and enforced. Adherence to these new laws poses challenge.
- Failure to comply with regulatory requirements can manifest in financial and reputational consequences for an organisation and erode stakeholder trust.
- Water is a shared resource, making it important for businesses to use it responsibly. Ensuring responsible consumption is key to the business’ social license to operate and a sustainable planet for all.
- Upholding human rights is essential to protecting organization’s communities, employees and other stakeholders.
Mitigation Strategies
- Our EHS team understands the regulatory requirements to be complied with for the different legal requirements. They also seek help from the Compliance team to understand any specific compliance requirements that may be applicable.
- The Company has a robust set of environmental, social and governance-related policies to foster a culture of compliance within the organisation. Disciplinary measures and reinforcement mechanisms have been defined as well.
- KRL and its subsidiaries continues to adopt water conservation strategies across all of the existing project sites and also supplement internal water generation by procuring water from outside agencies.
- The Company has constituted a standing forum, both at the Group Level as well as at individual entity level, that aids and advises the management in its approach towards building sustainable Human Rights.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- We are in the process of aligning our procurement practices with the organization’s sustainability focus, the green infrastructure imperatives, and the organization- wide application of sustainability. This implies green procurement, with its screeners based not only on quality and cost but also on the environmental impacts of purchase and usage over long term horizons.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: IGBC
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:1227.81 tCO2e (Scope 1) + 3360.59 tCO2e (Scope 2) + 8258.32 tCO2e (Scope 3)
Scope 1 Emissions:1227.81 tCO2e
Scope 2 Emissions:3360.59 tCO2e
Scope 3 Emissions:8258.32 tCO2e
Total Energy Consumption:1,65,70,40,400 KJ (Renewable) + 11,99,92,28,400 KJ (Non-Renewable)
Water Consumption:173707.74 Kilolitre
Waste Generated:51064.13 Metric Ton
ESG Focus Areas
- Environmental norms/legislations
- Regulatory Compliance
- Community Development
- Modernization, Innovation and Resource Optimization
- Scarcity Of Water
- Human Rights
- Economic Performance
- Climate change
- Waste Management
- Occupational health and safety
- Cybersecurity and data privacy
Environmental Achievements
- Two larger projects achieved a silver rating from IGBC's new building rating systems
- 40% of projects transitioned to green power for construction activities
- 70% ban on single use plastic at project sites and offices
- Reduction in paper consumption
Social Achievements
- Zero lost time accidents (LTA) at all sites and offices
- Materiality assessment and ESAT survey covering 100% of employees
- Zero harassment cases recorded and zero human rights violations
- Drinking water complaints resolved immediately
Governance Achievements
- Zero cases of bribery or corruption
- Processes functioned as intended, and no corrective actions were required during this period
Climate Goals & Targets
Short-term Goals:
- Finalizing ESG goals and KPIs
- Designing and executing first sustainable project focusing on energy, waste and water
Environmental Challenges
- New laws related to environment (specifically climate related)
- Failure to comply with regulatory requirements
- Water scarcity
- Upholding human rights
- Climate change resulting in acute and chronic physical conditions
- Waste Management
- Occupational health and safety
- Cybersecurity and data privacy
Mitigation Strategies
- EHS team understands regulatory requirements and seeks help from Compliance team
- Robust set of environmental, social and governance-related policies
- Water conservation strategies, rainwater harvesting
- Robust contractor management system ensuring human rights practices are adhered to
- Implementing initiatives to control scope 1 and 2 GHG emissions
- Following the 3R principle of waste management
- Hazard Identification and Risk assessment with mitigation plans
- Information security and incident management policy
Supply Chain Management
Supplier Audits: 5.96% (by value of business done)
Responsible Procurement
- Supplier code of conduct (in progress)
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather conditions
Reporting Standards
Frameworks Used: GRI, UNSDG
Certifications: ISO 45000, ISO 26000, ISO 14001, ISO 9001, ISO 27001
Third-party Assurance: NA
UN Sustainable Development Goals
- SDG 1
- SDG 2
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 11
- SDG 12
- SDG 13
- SDG 14
- SDG 15
- SDG 16
CSR efforts contributing to SDGs