Evolution Of Sustainability In Real Estate

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Sustainability has become a critical focus for businesses across all sectors, driven by growing awareness of environmental issues and the urgent need to combat climate change. In the real estate industry, this shift towards sustainability involves a comprehensive approach, from tracking and understanding carbon emissions to actively working on carbon offsetting initiatives.

One of the first steps toward achieving sustainability is the meticulous tracing of carbon emissions. Enterprises like Sustainiam are leading the way in this arena. Sustainiam provides robust solutions for companies to monitor their carbon footprint and implement effective offsetting strategies. By offering tools and guidance for carbon management, Sustainiam helps businesses reduce their environmental impact significantly.

“Sustainability isn’t just a buzzword; it’s a necessity. At Sustainiam, we empower companies to track, manage, and offset their carbon emissions, fostering a greener future. Our solutions offer a comprehensive approach to sustainability, enabling businesses to monitor their carbon footprint with precision and implement effective offsetting strategies. We believe that real change starts with understanding and taking responsibility for one’s impact on the environment.

“By providing the tools and guidance needed to make informed decisions, we help businesses not only reduce their environmental impact but also enhance their operational efficiency and resilience. Together, we can build a sustainable future, where economic growth and environmental stewardship go hand in hand,” says Sapna Nijhawan, CEO of Sustainiam.

In the real estate sector, carbon emissions stem from various sources, including construction activities, energy consumption, transportation, and waste generation. The industry, known for its high resource consumption, faces the challenge of mitigating these emissions while meeting the growing demand for housing and commercial spaces.

Leading real estate developers have been actively working towards sustainability by adopting innovative practices and technologies. These efforts not only address environmental concerns but also enhance the overall quality and longevity of buildings.

DLF, a prominent name in Indian real estate, has been at the forefront of sustainable development. The company has implemented zero-discharge water systems and sewage treatment plants, recycling millions of liters of water daily. This reduces the strain on local water resources and highlights DLF’s commitment to sustainability. DLF’s recognition in prestigious sustainability indices like the Dow Jones Sustainability Index further underscores its dedication to environmentally responsible development.

Aakash Ohri, Joint Managing Director & Chief Business Officer of DLF, shared insights on their approach: “Sustainability runs deep within our operations. Our sewage treatment plants recycle over 14 million liters of water daily, supporting horticulture, secondary water usage, and lake replenishment, reducing reliance on groundwater. We prioritize greenery preservation by transplanting mature trees, ensuring the continuity of Gurugram’s green landscape amidst infrastructural development”

Another prominent developer in Gurgaon, Elan Group has been working towards sustainability lately. Mr. Atul Bhatnagar, COO-Project Planning, Elan Group says “At Elan Group, we recognize the critical role that sustainable practices play in shaping the future. By integrating eco-friendly designs, energy-efficient systems, and sustainable materials, we are committed to reducing our environmental footprint. Our vision is to create spaces that not only meet the needs of today but also ensure a healthier, greener tomorrow. Through these efforts, we aim to lead the way in transforming the real estate sector into a model of sustainability.”

As the real estate industry continues to evolve, the emphasis on sustainability will only grow stronger. Developers like Elan, DLF, Lodha supported by innovative companies like Sustainiam, are paving the way for a greener, more sustainable future. Their proactive measures are not just beneficial for the environment but also offer economic advantages for homeowners, such as energy and cost savings. With ongoing collaboration between industry stakeholders, government authorities, and environmental experts, the path towards a sustainable real estate sector looks promising.

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