We live in a world that is currently dealing with increasing population, global climate change, growing social inequity and multiple challenges in the circumstance of sustainable organization. Like most major emerging economies, India too is faced with multiple growth-related hurdles, as it experiences population and economic growth, and accelerating urbanization therein. According to estimates, around 600 million people are expected to make urban India their home by 2031.
At Mahindra Lifespaces, we believe that if developed responsibly and responsively, cities (and individual buildings) have the potential to be places where high living standards can be delinked from unsustainable levels of consumption of all three types of resources - environmental, financial and human. We believe the answer lies in Sustainable Urbanisation encompassing business responsibility, environmental stewardship and community outreach. All our on-going and forthcoming projects across 8 Indian cities are IGBC (India Green Building Council) Green Homes Certified. Furthermore, Mahindra World City Chennai (India’s first integrated business city to have been developed in PPP) is India’s first IGBC Gold Certified integrated business city.
This year, we have chosen to focus on capacity building, collaborations, institutionalizing best practices and knowledge sharing.
- Mahindra Lifespaces has collaborated with WRI to pilot test two global GHG accounting tools.
- We are active participants in the Climate Positive Development Programme (C40), under which Mahindra World City Jaipur (our second integrated business city project in India) has been declared the world’s largest project to receive C40 Climate Positive Stage 2 Certification.
- In association with Tech Mahindra, we are developing a comprehensive ‘SMART City Management’ framework to make MWC Jaipur a living lab for a Smart City.
- As a signatory of India Business & Biodiversity Initiative (IBBI) declaration, MWC Chennai has undergone a comprehensive biodiversity assessment and has developed strategies for better biodiversity management.
- We participated in the plenary ‘India Energy Efficiency in Buildings Laboratory’ organized under the aegis of WBCSD.
- We have identified 150 of our biggest suppliers, and will be mentoring and motivating them towards becoming responsible partners in our sustainability journey.
- We have launched the Green Army Initiative – An outreach program that identifies children as primary change agents of the future and aims to educate them on sustainable living habits and choices whilst encouraging them to spread the word amongst friends and family. We launched the campaign with a target of creating catalysts through one million caring citizens across the nation. During the past year, we have conducted pilot projects in 13 schools across Mumbai, a figure we hope to better in the upcoming second edition of the campaign this year.
- We have provided feedback to the Gold Standard Cities Programme – A results based finance framework, it enable cities to develop, audit and verify urban programmes in order to unlock the finance needed by cities around the globe for low carbon development.
Sustainability being deeply ingrained in our day to day business decisions and operations, we have, basis inputs from an enhanced stakeholder base (comprising both internal and external stakeholders), defined a Sustainability Roadmap for 2020, which identifies aggressive targets towards all three bottom-lines and helps align efforts with the needs of the ecosystem at large.