Collaboration to Advance Net Zero Movement in India through First Net Zero Business Park in India
In 2022, CapitaLand Investment (CLI) signed a Memorandum of Understanding (MoU) with the Confederation of Indian Industry – Indian Green Building Council (IGBC) to further the Net Zero movement in India, and augment CLI’s commitment to achieving Net Zero emissions by 2050.
Artist's impression of ITPC-RR, the first IGBC Net Zero business park in India.
Under the partnership, IGBC will train CLI’s professionals to build resource capabilities in implementing Net Zero concepts at its properties across India. CLI and IGBC will also collaborate to spread awareness among industry stakeholders. IGBC will support CLI to achieve Net Zero results in energy and water usage, waste management, and carbon emissions in its properties.
IGBC has recognised CLI’s International Tech Park Chennai - Radial Road (ITPC-RR) which is under development, as the first Net Zero business park in India. The provisional Net Zero certification for ITPC-RR extends across various environmental parameters including energy efficiency, water conservation and waste management.
More details in the press release here.
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