Our Digital Sustainability Report is designed to be eco-friendly through the implementation of sustainable web design principles.
We leverage advanced programming techniques to ensure that our digital presence is both efficient and environmentally conscious.
Candor TechSpace, Sector 135, Noida
Managing emissions is crucial to our strategy to mitigate and address climate-related issues. Preparing a Greenhouse Gas (GHG) emissions inventory is the initial step in effectively managing emissions. It provides a baseline to track progress and identifies areas for improvement for carbon footprint reduction.
For this, we have undertaken a comprehensive GHG emissions inventorization of our assets to measure both direct and indirect emissions caused by our operations. This GHG inventory forms the foundation for developing a comprehensive Net Zero emissions roadmap, guiding us in setting ambitious yet achievable goals to transition towards a low-carbon future. The total avoided emissions for the reporting year were 49,693 mt CO2e.
Candor TechSpace, Newtown, Kolkata
Scope 1
On -site consumption of fuel for back up Power
Fugitive refrigerant emission
Scope 2
Common area electricity consumption
Scope 3*
Occupier electricity consumption
Waste generated from operations
*Scope 3 inventorization covering additional categories is in progress at the asset level
We are committed to setting science-based targets by 2024 for our REIT assets and by 2025 for our non-REIT assets. We have developed a high-level Net Zero emissions roadmap to reach out Net Zero targets by 2040 or sooner. In FY 2023-24, we intend to further broaden our emissions scope from the portfolio level to assetlevel decarbonization plans, including both operational and supply chain carbon emissions.
To achieve the target of Net Zero by 2040 or sooner across all our assets, we have devised Net Zero emissions program. The Net Zero emissions program encompasses our decarbonization strategy, which prioritizes energy reduction and renewable energy procurement.
