CapitaLand bags IGBC Green Champion Award for leading green building movement
CapitaLand India bags IGBC Green Champion Award as the ‘Developer leading the green building movement’
Bangalore, 21 October 2019 – CapitaLand India, won the prestigious 6th Indian Green Building Council (IGBC) Green Champion Award for the category – ‘Developer leading the Green Building Movement in India (Commercial)’. With over 12 buildings that have received the IGBC Green building certification, CapitaLand was a unanimous choice for the IGBC jury members.
The annual Green Champion Award is the most prestigious honour bestowed by IGBC upon the leaders of the green building movement in India and was presented to CapitaLand India at the IGBC Leadership Awards held in Hyderabad.
Mr Vinamra Srivastava, CEO, Business Parks, India, CapitaLand, said:
“As one of Asia’s largest diversified real estate groups, we believe in growing our business in a sustainable manner to create long-term value for our properties. This is an important milestone for us as CapitaLand India is setting new benchmarks in sustainability across our parks through various projects aimed at reducing our carbon footprint helping make our developments become more environment friendly. Sustainability is at the core of our DNA and we remain committed to push the boundaries together with all our stakeholders. This award is a testament to that fact and further motivates us to leverage our strong network of business partners and tenants to adopt eco-friendly initiatives.”
CapitaLand India has 26 green buildings across the country in the cities of Bangalore, Hyderabad, Chennai, Pune and Gurgaon. CapitaLand India has adopted various measures to reduce its carbon footprint. Some of the initiatives include the use of onsite and offsite solar energy usage, energy efficient glass façade and green construction materials, energy efficient high-performance chillers, treated STP water for irrigation and flushing catered, 100% LED fixtures, demand-controlled ventilation, low flow flush and water fixtures and mass transportation facilities for parkites to name a few. The organisation has also initiated measures to ensure zero wastage and reduce usage of single-use plastic across its parks. As part of its tech initiatives, CapitaLand India has set up an IoT driven Operations Centre that helps buildings become more energy efficient through real-time data analysis and performance monitoring.
This award adds to the many recognitions the CapitaLand Group has received globally for its sustainability efforts. In January this year, CapitaLand was ranked 33rd in the ‘Global 100 Most Sustainable Corporations in the World 2019’. In September, CapitaLand was listed on the Dow Jones Sustainability World Index for the eighth consecutive year.
CapitaLand has set a target to achieve 100% green certification of its global portfolio by 2030 and aims to have at least 20% energy consumption from renewable energy by 2025. CapitaLand is also tackling the issue of resource consumption within its operations, focusing on single-use plastics and paper consumption, and expects to see significant reductions from 2020.