Sustainability a Business Priority.
At Brookfield India REIT, we believe that sound environmental, social and governance (ESG) practices are essential to building resilient assets and creating long-term value for our investors and stakeholders.
Our robust ESG framework together with the guiding principles of the Sponsor has guided us towards developing and managing quality assets that meet the highest standards of environmental sustainability, deliver positive social impact and prioritize ethics, integrity, transparency and regulatory compliance.
The guiding principles of Brookfield India REIT are;
Be good stewards in the communities in which we operate and ensure the well-being and safety of our employees
Our first-ever GRESB score places us in the top 20% of assets globally, securing us the coveted 5-star rating. It also recognizes us as Sector Leader for sustainable office development in Asia.
Visit PoliciesLeading on sustainable solutions
Environmental consciousness is deep-rooted in every facet of our operations. Our endeavor is to provide experiences that are ecologically responsible and encourage sustainable best practices. To ensure that our campuses are built with a focus on climate change resilience, we are constantly adopting innovative solutions to advance sustainability.
10% reduction each in energy consumption, GHG emission, water consumption
Promoting trust through governance
Our commitment to the highest standards of ethics, integrity, transparency and regulatory compliance makes us unique. We ensure this through a robust corporate governance framework that guides our actions and priorities,helps protect the interests of all stakeholders and drives our stewardship in ESG.
A significant level of Sponsor Group ownership in Brookfield India Real Estate Trust creating an alignment with the interests of Unitholders
Balanced board composition between independent and Brookfield directors
To view the policy on unpublished price sensitive information and dealing in units, Click Here
Empowering people
Our sustainable solutions help build a better world for people, businesses and communities. We invest in initiatives and programs that foster a conducive work environment, provide support for career development, and ensure the health and well-being of our employees. Community is an integral part of our business and we recognize that the demand for financial support to take affirmative social actions far exceeds the supply. Therefore, we endeavor to collaborate with the communities to take meaningful actions, identify the best use of our properties and strive to play the role of influencer to spread positivity.
Our Key Objectives:
Establish programs to increase and integrate diversity in recruitment, and actively develop new pools of talent.
Provide employees with regular training, expand mentorship programs and incentivize continuous professional development across the organization.
Continue to support our tenants and visitors by prioritizing placemaking and universal access in our design process, to contribute to a pleasant experience at our campuses.
COVID–19
COVID–19 spread to a majority of countries across the world, including India, in the calendar year 2020. The World Health Organization declared the outbreak of COVID-19 to be a public health emergency of international concern on January 30, 2020, and a global pandemic on March 11, 2020.
Our Manager has undertaken several significant initiatives at the office parks in response to the pandemic and to promote the health and safety of tenants and visitors. Such initiatives include:
Conducting temperature checks with thermal cameras and infrared thermometers
Restricting the number of personnel that use elevators and common areas at any given time
Biannually undergoing Safeguard Label Certification by Bureau Veritas for Health & Hygiene
Maintenance personnel at the office parks have been equipped with personal protective equipment and have been trained for maintaining COVID-19 safety protocols. In addition, our Manager is in the process of evaluating measures for contactless elevator controls and improving air quality.
Our Manager is closely monitoring the impact of COVID-19 on all aspects of our business and operations, including its impact on the tenants and the preventative or protective actions of the central, state and local Governments on the relevant aspects of the Initial Portfolio.
Our Manager has also focused on maintaining business continuity and operational efficiencies during the lockdown and is evaluating various cost reduction measures.