We believe that our success is deeply connected to the performance of our suppliers. Therefore, we have implemented measures to ensure that our supply chain is fully integrated into our ESG practices. This includes a focus on reducing greenhouse gas (GHG) emissions, environmental stewardship, and the health, safety, and well-being of our teams.
Every supplier partner must adhere to our Vendor Code of Conduct via our portal before engaging in business with us. We also conduct background checks for any adverse public reports, including violations of environmental, health, and safety regulations.
Our key supplier partners receive regular ESG training and are evaluated monthly on climate performance metrics. The metrics include energy reduction, emissions reduction, waste and water reduction, biodiversity & horticulture coverage, and health, safety & well-being. Performance is reviewed by senior management, and an SLA-based incentive fee encourages suppliers to achieve stretch goals.
We conduct supplier meets frequently to facilitate the sharing of best practices among our critical supplier groups. These meetings provide an opportunity to educate them on Brookfield India REIT's ESG practices and expectations, and to discuss how we can support their sustainability efforts through collaboration.
We are collaborating with key suppliers on a sustainability questionnaire to selfassess and document their GHG emissions, supporting our commitment to becoming Net Zero by 2040 or sooner.
Our engagement with suppliers aims to foster growth and ensure that they evolve alongside us. Our Supplier Code of Conduct, General Conditions of Contract (GCC), and Special Conditions of Contract (SCC) are required to be agreed upon before awarding any contract. These documents require suppliers to comply with all applicable environmental rules, laws, and regulations and are aligned with Brookfield India REIT’ vision, commitments, and ESG targets.
By adhering to Brookfield India REIT's code of conduct and ESG practices, our suppliers enable a long-term relationship based on mutual trust and shared goals. This engagement also facilitates the transformation of their own organizations into process-oriented entities.