ESG and Sustainability Quotes By Michael Holland, CEO, Embassy REI.
Quote -1
“We believe that Embassy REIT has taken a leadership position in this space and set the tone for redefining ESG best practices in Indian commercial real estate. For some time now, we have adopted a formalized, structured approach to incorporate ESG priorities into our business objectives and values. Our ESG framework comprises 3 key pillars namely Responsible Business, Resilient Planet, and Revitalized Communities.”
Quote -2
“As part of our overall ESG programme, we commit to achieving net-zero carbon emissions by 2040 across our operational portfolio, three decades ahead of India’s 2070 target set at the Glasgow COP26 summit in 2021. We have set out a defined path with a 5-point strategy to achieve this goal. This includes increasing usage of renewable energy, currently at over 30% to a short term objective of 75% by 2025, reducing the energy consumption footprint of existing facilities, by investing to improve energy efficiency, partnering with key occupiers, suppliers, and contractors to develop joint action plans towards reducing emissions, embedding net-zero evaluation in pre-acquisition due diligence and offsetting residual emissions through selected projects.”
Quote -3
“We consider our ESG focus and commitments to be aligned with the broader goals of our global occupiers as well as investors and consider it a significant competitive advantage in our business. We believe that our ability to build and maintain a sustainable and energy-efficient portfolio is a strong differentiator and competitive advantage.”
Source: India CSR Interview with Michael Holland, CEO, Embassy REIT
