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.
At Brookfield India REIT, our commitment to ESG principles is integral to our operations, and this extends to our vendor selection process. We recognize that our suppliers play a crucial role in our sustainability journey, and we are dedicated to building a supply chain that reflects our ESG values.
The program is overseen by senior leadership and training is provided to procurement and other stakeholders to ensure clear understanding of roles and responsibilities for adequate implementation.
We believe that ESG considerations are integral to our business objectives and strategic decision-making processes. Our vendor selection involves a comprehensive ESG screening process. We conduct thorough due diligence to ensure that our vendors not only meet our high standards for quality and service but also share our dedication to social and environmental responsibility.
This due diligence includes evaluating potential vendors’ policies, practices, and performance in areas such as energy efficiency, waste management, labor practices, and ethical conduct.
Our vendor selection process prioritizes suppliers with Quality, Environmental, Health and Safety QEHS certifications such as ISO 9001 (Quality Management), ISO 14001 (Environmental Management) and ISO 45001 (Occupational Health and Safety Management).
We plan to launch our Green Procurement Policy in the next financial year with a key focus on promoting diverse supplier base including Persons with Disabilities, women-led suppliers, and other beneficiary groups. We undertake supplier screening process from an ESG lens which includes supplier self-assessment, supplier audits, and regular evaluations. We plan to implement a rigorous supplier screening criteria from the next year which would include evaluation of negative environmental impacts in the supply chain.
Sustainable procurement is at the core of our supply chain strategy. We are proud to report that 99% of our procurement is domestic supporting local economies and reducing the environmental impact associated with long-distance transportation. By prioritizing domestic suppliers, we contribute to the creation of sustainable communities and foster resilience in our supply chain.
OF TOTAL SPEND PROCURED FROM WITHIN INDIA IN FY 2023-24
OF TOTAL SPEND PROCURED FROM MSME IN FY 2023-24
We actively encourage and support our vendors in adopting sustainable practices throughout their operations. This includes promoting the efficient use of resources, reducing waste, and minimizing the environmental impact of their products and services. Our strategy is meticulously designed to integrate sustainability throughout every aspect of our supply chain, ensuring that it is a fundamental component at every stage of the process.
