1.1. 100 % Green Portfolio
We are committed to a 100% green portfolio since 2013. All our projects are IGBC gold and above/ GRIHA 3 star and above.
1.2. Carbon Neutrality
We are committed to Carbon Neutrality by 2040 for our Scope 1 and Scope 2 emissions for our entire business operations aligned with Mahindra Group's Carbon neutrality commitment. Science Based Target is an enabler to achieve carbon neutrality for Mahindra Lifespaces.
1.3. Science-Based Targets:
Science Based Target Science-based targets show companies how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. Our climate action plan is based on our SBTi approved target.
Mahindra Lifespaces, Mahindra world City Developer(Chennai) Ltd and Mahindra World City(Jaipur) Ltd lead the way to in climate action in India. The only companies in real estate sector in India to get Science Based Targets approved by SBTi in 2019. Our Scope 1 and 2 targets are aligned to 1.5 degree pathway. SBTi approved targets are a means for reaching carbon neutrality.
4. IGBC mission on Net Zero
On April 22nd we signed up the IGBC pledge for development of net zero buildings. We are committed to the mission on Net Zero for our upcoming projects. Since over 90% of our emissions are in use phase this pledge enables us to channelise climate action strategies in residential portfolio.