Lodha's 2023 Accolades Showcase a Commitment to Sustainable Development
In the world of Indian real estate developers, Lodha is a name that represents quality and innovation. We have had the privilege of being recognised several times over the years for our exceptional projects and contributions to the country. Apart from our pioneering innovations in the field of real estate, as one of the top builders in Mumbai and India, prioritising sustainability and ecological health is a cornerstone of our ethos. Out of all the real estate companies in Mumbai, at Lodha, we have made strident efforts to reduce our reliability on finite natural resources, conserve energy and water, and design structures that preserve and celebrate the surrounding environment. Our endeavours have not only resulted in environment-friendly operations but have also garnered widespread acclaim. Look at the awards/certifications we have received for our commitment towards sustainable real estate development and safeguarding the health of our planet.
Sustainability Awards That Establish Lodha as India’s Top Real Estate Developer
As we celebrate World Environment Day on the 5th of June, here is a glance at how Lodha has contributed towards protecting the environment by adopting sustainable practices.
GRESB Development Benchmark 2023
Lodha secured the top position in Asia among residential real estate developers in the esteemed GRESB Development Benchmark 2023 with a score of 100/100. The esteemed benchmark’s acknowledgement serves as testimony to Lodha’s efforts towards adopting sustainable practices and environment-friendly operations. In the Standing Investments Benchmark, it ranked 8th in Asia in the category of Diversified - Office/ Retail with a score of 90 out of 100. Lodha has also received the esteemed recognition of GRESB Global Sector Leader in Residential Development for premium Lodha properties in Mumbai, Pune, and other major cities in India.
GRESB assessments evaluate a real estate company’s management, performance and development in the broader context of ESG (Environmental, Social and Governance) pillars. At Lodha, our long-term vision rests on restructuring what urban development means to Indians and helping the country transition to a more sustainable Net Zero landscape by 2070. With a positive social and environmental impact on our horizons, GRESB's recognition only motivates us to dedicate ourselves to our ESG principles.
S&P Corporate Sustainability Assessments
The S&P Corporate Sustainability Assessment comprises an overview of more than 13,000 companies globally and undertakes an evaluation of a company’s sustainability practices. The benchmark allows investors and executives to gauge a company’s performance in terms of ESG pillars. It also assesses a company’s ability to adopt sustainable practices while maintaining commercial viability. We are delighted to announce our inclusion in the S&P Global Sustainability Yearbook 2024. As the top-performing Indian company in the S&P Global Corporate Sustainability Assessment (CSA) 2023, we achieved the remarkable 3rd position globally among 266 companies.
Net-Zero Targets Validated by Science Based Targets initiative (SBTi')
Through retaining its position as one of the leading Indian property developers, Lodha, as one of the top builders in India is the first real estate company in India to have targets validated by the Science Based Targets initiative (SBTi') - a partnership between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practices in science-based target setting and independently assesses companies’ targets.
Overall net-zero target: Lodha has committed to reach net-zero GHG emissions across the value chain by FY2050.
IGBC Environmental Stewardship
Indian Green Building Council (IGBC) have also recognised Lodha builders for their environmental stewardship. We received the 10th CII - Indian Green Building Council (IGBC) Green Champion Award for being the ‘Developer Leading the Green Homes Movement in India’. Our green-certified footprint crossed 50 million sq. ft. in FY24. Lodha Xperia Mall, Palava also achieved the ‘IGBC Performance Challenge for Green Built Environment Award. Lodha’s Mumbai and other projects have been constructed while conserving water and energy, and limiting waste, and have become paragons of sustainability within the real estate sector.
The awards garnered by Lodha in 2023 exemplify the company's dedication to real estate sustainability, evident in every facet of its operations. Our future endeavours include achieving carbon neutrality by 2050, and we have already made considerable headway. In March 2024, we reached a significant milestone in our journey towards becoming a net-zero company by 2050: our company achieved carbon neutrality in operations (Scope 1 and 2 emissions). With our renewable energy share on the rise and our attempts to decarbonise our supply chain underway, we hope to create the world’s finest developments while prioritising the planet’s well-being as we go forward. For each of our projects in terms of quality, luxury and environmental responsibility, Lodha has set new benchmarks for the best builders in Mumbai concerning sustainability.
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In bustling cities, where skyscrapers adorn the skyline, there exists a shared yearning among urb
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Purchasing your first home is a dream come true and a life milestone. You can finally live in a s
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In the world of finance, where the allure of high returns and diversified portfolios reign suprem
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Palava City: A Unique, Self-...
For those desiring a residence near the vibrant pulse of Mumbai yet embraced by serenity, Dombivl
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A Comprehensive Guide to Sit...
Skyscrapers are among the most impressive sights in a bustling metropolis. Turn a corner, and you
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The World Towers - India's F...
A 17-acre estate where everything surpasses the highest standards
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There is never a dull moment at Palava, given the number of activities you can be a part of. Whet
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Your home should spark inspiration and excitement within you, and that’s certainly the case for
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Searching for luxury apartments in Mumbai can be a challenge if you don’t know what to look for
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With a vision of ‘Building a Better Life’ we have passionately created landmarks that are of
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There has been a shift in the construction industry, as modern buyers possess an extensive unders
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Exploring the Unmatched Inve...
Amidst the bustling cityscape of Mumbai, where real estate opportunities are abundant y
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Mumbai, a city known for its relentless pace and unceasing dynamism, has a hidden gem that offers
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Lodha World School: Nurtur...
The transformative power of education illuminates the path to a brighter future for your children
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Real Estate Essentials: Unde...
Have you ever found yourself in the stands of a game, surrounded by passionate fans, yet feeling
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Lodha: Our Roadmap to Net Ze...
As urbanisation gains more of a foothold in Indian cities, environmental challenges are also esca
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The Ultimate Guide to Proper...
Have you walked out of a meeting with your financial advisor unsure about your investment choices
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Lodha Park A richer day ever...
The urban life is notoriously sedentary and claustrophobic. People of
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Lodha Evoq in South Central Mumbai that offers its discerning residents a home with a holistic li
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Shraddha Sehgal on chasing h...
It is no secret that mothers can handle anything life throws at them without breaking a sweat –
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Real Estate Sector In Bangal...
Bangalore, is one of India's fastest-growing cities and has emerged as one of the most sought-aft
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Understanding The Difference...
It is highly desired to live in a bustling residential development with a wide range of amenities
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Luxury Defined: Exploring 13...
The thing that makes Bangalore stand out as one of the most prominent cities in India is its uniq
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Together Under One Roof: Des...
India, a land known for its rich traditions and cultural heritage, has upheld the practice of mul
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Smart Home Hunting: 5 Common...
Few feelings compare to the warmth and comfort of calling a place your own, especially when it's
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There are indeed as many kinds of real estate transactions as there are properties. Each real est
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Lodha: Live a Luxurious Life...
Whether it’s crafting the world’s most luxurious residences or giving India its most iconic a
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Baner, Pune: The Emerging Ha...
Over the last couple of decades, Pune has emerged as one of the most investor-friendly cities in
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A home is a part of our personality, taste and character. It is way for us to showcase how we fee
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Located in Hinjewadi Phase-1, Lodha Panache stands as a prominent residential de
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Families are the fundamental building blocks of modern society. What
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In an ideal world, you would desire for all of the above and much more to lead a gratified life f
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Lodha Evoq, is home to the ultimate luxury indulgence with the largest customizable bare-shell re
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Pune – a blend of heritage...
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Health Goals seem to be this generation’s greatest foe. With long work hours, lofty career goal
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Food fanatics like me are always on a look-out for experimenting and exploring new places that se
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In the daily rigmarole, we live but we forget to breathe. We work hard bu
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Health and Wellness have taken the front seats today. The internet is flooded with tips and trick
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Luxury Villas and Weekend Ho...
The COVID-19 pandemic has given a new lease of life to the second homes market. Prolonged travel
