01-01-1970 12:00 AM | Source: PR Agency
Tata Realty Bags Six Edge Certification, becoming the largest office portfolio to receive EDGE certification in India with over 7M sq.ft.
News By Tags | #612 #765 #5716 #1588

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Mumbai :  In recognition of its commitment to sustainability in the commercial workspace landscape in India, Tata Realty & Infrastructure Limited (TRIL) - A 100% subsidiary of Tata Sons Pvt Ltd. and one of the only few large-scale institutional developers in India has been awarded the prestigious EDGE Advanced certification for six of its Grade A commercial projects. With this, Tata Realty becomes one of the biggest institutional office and hospitality developer to bag EDGE Advanced certificates for its six Grade A landmark projects such as Intellion Edge, Ramanujan Intellion Park, Intellion park Gurugram, and Taj Wellington Mews, covering over 7 million square feet of space. EDGE is a global green building certification developed by the International Finance Corporation (IFC), a member of the World Bank group. The Tata Realty portfolio was certified by GSG-Sintali

With EDGE Advanced certification Tata Realty’s commercial projects have disrupted the commercial business dynamics with over 40% onsite energy savings. EDGE certification is a crucial step towards institutionalizing green building practice as it recognizes the company’s efforts to construct green buildings by offering measurable and credible solutions.

Tata Realty & Infrastructure Limited has been a leader and one of the first pioneers in utilizing LEED practices across all its projects to enhance the quality of life of occupiers. The brand has more than 15.2 million square feet of LEED-certified spaces and has been at the forefront of the green building movement.  With a commitment to developing resource-efficient buildings, the company has pioneered its sustainability practices, setting a benchmark through its various projects by incorporating passive and active techniques and using environmentally friendly materials for construction. The EDGE certification recognizes measures taken to reduce the environmental impact concerning direct energy consumption, water consumption, and the energy embodied in construction materials.

Commenting on this achievement, Mr. Sanjay Dutt, MD & CEO, Tata Realty and Infrastructure Limited, said, “We apply global sustainability practices to develop all our projects, making them environmentally friendly. According to the International Energy Agency (IEA), buildings account for nearly 15% of global energy-related carbon emissions, which is almost one-third of the total global energy consumption. By 2050, the construction industry will be double in size, with emerging markets accounting for maximum expansion. As a result, it is critical to adhere to green building practices and be zero-carbon ready as soon as possible. At Tata Realty, we aim to continue delivering energy-efficient buildings, and these EDGE certifications are a testimony of our sincere efforts.”

Adding to it Ms. Corinne Figueredo, Head of Operations,IFC EDGE Green Building Transformation Program, said “We congratulate Tata Realty for demonstrating industry leadership and commitment towards green buildings and sustainability. It is especially commendable that all six buildings achieved EDGE Advanced standard, the higher level of resource efficiency.  We look forward to our continued collaboration with them on our common goals of sustainable development”

Tata Realty & Infrastructure believes that green buildings offer one of the biggest opportunities, with about 24.7 trillion dollars across emerging market cities by 2030 in playing a key role in supporting a shift towards clean energy and spurring low-carbon economic growth.

The International Finance Corporation (IFC), a part of the World Bank Group, established EDGE, a green building certification system. Green Business Certification Inc. (GBCI) and the SGS-Sintali consortium are the two main organizations in charge of the EDGE certification globally.

 

Above views are of the author and not of the website kindly read disclaimer