Environmentenvironment hero
INDIA SUSTAINABILITY

Lead on sustainable solutions

We remain committed to achieving ambitious goals through innovations, stakeholders collaborations and best practices. Our focus continues to be on minimizing the impact of our operations on climate change.

office building on lake in India

Climate risks and opportunities

Our climate strategy focuses on both mitigating and adapting to climate change. We undertake climate actions by focusing on enhancing resilience through designing, operating and upgrading assets.

We also conduct ESG due diligence and environmental screening of our assets before acquisition to minimize potential climate-related risks. Furthermore, we have adopted the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) to guide our efforts in identifying, assessing and managing our climate-related risks and opportunities.

GHG emissions

Greenhouse gas emissions

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.

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.

Interior lobby of office space

Air quality

Brookfield Properties is dedicated to enhancing air quality—both indoors and outdoors—by embracing innovation and digitalization. By leveraging digital tools alongside advanced technologies, we aim to reduce harmful pollutants and promote cleaner environments.

Integrating state-of-the-art filtration systems and emission control devices, we address immediate air quality concerns while supporting long-term environmental stewardship. These efforts create healthier living and working environments and align with global initiatives to combat air pollution and mitigate climate change.

waste management

Waste management

Efficient waste management is integral to our commitment to minimize environmental impact and enhance performance. We have integrated Reduce, Reuse, Recycle, Refuse and ROT (5Rs) principles into our strategy, promoting a circular approach in our operations and development.

This proactive approach has resulted in 25% of our assets (by area) achieving net zero waste certification. Our objective is to achieve net zero waste certification across all assets by 2025.

pond with wooden bridge

Water management

Efficient water management enhances the longevity and appeal of our assets and aligns with our long-term goal of reducing reliance on external water sources. In line with this commitment, we have implemented various initiatives to minimize water wastage and improve efficiency.

To ensure water efficiency, we have adopted the 4R philosophy—reduce, reuse, recycle, and replenish—in our assets. To promote demand side water management, we have installed water meters at key locations to monitor water consumption and usage.

energy

Energy

Our long-term approach to reducing energy-related emissions includes the commitment to a two-pronged strategy. This encompasses reducing our energy demand and increasing renewables in our energy supply mix. Accordingly, we have adopted several conservation practices and measures across our assets. These will help us reduce our energy footprint while meeting our energy demands.

As part of our net zero emissions strategy, we have identified clean energy as a major lever for decarbonization. We estimate that renewable energy procurement will achieve 75% of our net-zero emissions target. The strategy focuses on reducing emissions by improving energy efficiency, implementing end-of-life upgrades, procuring renewable energy to meet the energy demand of both common spaces and tenant-occupied areas, and investing in carbon offsets.

biodiversity

Biodiversity

A diverse ecosystem serves as a crucial carbon sink, helping combat climate change by absorbing and storing carbon dioxide. This, in turn, contributes to cleaner air and water, healthier ecosystems and more sustainable livelihoods for communities.

At our sites, we maintain the Simpson’s Biodiversity Index for floral species close to 1, indicating high diversity and evenness. We regularly conduct a census of plants and trees to identify species numbers and types. We map and tag plant species to assess their survival rates and capacity for carbon sequestration.

office plaza with tables

Sustainable development

We recognize the critical role of sustainability in design and are advancing our initiatives in line with our sustainable design strategy.

This year, we implemented several key interventions, including embodied carbon assessments, decarbonization-focused design strategies, inclusive & accessible design solutions and biophilic elements to enhance biodiversity. Through collaboration with our stakeholders, we aim to create added value by embedding sustainability in every facet of our design approach.