SUSTAINABILITY SCREENING AND DUE DILIGENCE
Senior leadership ensures rigorous due diligence during vendor
onboarding. The procurement team oversees a thorough screening process assessing
quality,
service and social and environmental responsibility. This includes evaluating vendors’
policies and performance on energy efficiency, waste management, labor practices and
ethical
conduct. Preference is given to suppliers with QEHS certifications (ISO 9001, ISO 14001,
ISO
45001).
Supplier self-assessments, audits, and regular reviews ensure
ongoing
compliance. Third-party screening categorizes vendors by risk based on transaction value
and
government exposure. Legal reviews consider business risk alongside sustainability
criteria.
Vendor onboarding mandates 100% ratification of our Code of Conduct, fostering trust and
shared objectives. Assessments confirm no incidents of child or forced labor and screen
for
adverse environmental, health, or safety reports.
Supplier Onboarding/pre-qualification process
Supplier performance review and rating
Sustainability self-assessment questionnaire
SUSTAINABLE PROCUREMENT AND DOMESTIC SOURCING
Sustainable procurement remains central to our operational strategy.
In
FY 2024-25, 99.8% of our total procurement was sourced domestically, supporting local
economies and reducing environmental impact. Additionally, 14% of our total spend was
directed towards MSMEs, reinforcing our commitment to inclusive economic growth and
supply
chain resilience.
Our procurement team works closely with ESG, HR, and Operations to
embed responsible sourcing into all aspects of our operations. Key sustainability
interventions include the use of RECD filters, non-asbestos and ES filter materials,
disability-friendly practices, chiller management, non-chemical water treatment and
responsible disposal of e-waste and battery waste.
99.8%
OF OUR TOTAL SPEND WAS PROCURED FROM WITHIN INDIA.
15.88%
OF OUR TOTAL SPEND WAS PROCURED FROM MSMES.
VALUE CHAIN RESPONSIBILITY
We engage proactively with our supply chain to promote responsible
business practices. Our annual supplier meets serve as platforms for sharing best
practices
and advancing suppliers’ sustainability journeys. Key suppliers receive regular training
to
ensure adherence to ethical and sustainable standards.
Suppliers are evaluated monthly on climate-related performance
metrics,
including energy and emissions reduction, water and waste management, biodiversity
preservation, and health and safety. These evaluations are reviewed by senior
management,
with performance incentives linked to SLAs to encourage continuous improvement.
We maintain transparency and mitigate risk through multiple vendor
RFPs,
ensuring fairness and accountability in procurement. We also involve suppliers in
climate
awareness and community engagement initiatives such as plogging drives and Environment
Day
campaigns, further reinforcing our shared sustainability objectives.
PUBLIC POLICY
ADVOCACY WITH ACCOUNTABILITY
We are committed to engaging in public policy with transparency,
integrity and accountability. While we do not make political contributions, our advocacy
efforts focus on sustainable development and alignment with our core values. We publicly
disclose our positions and activities, reinforcing our commitment to environmental
responsibility, social progress and inclusive economic growth. As a founding member of
the
Indian REITs Association (IRA) – established under the guidance of SEBI and the Ministry
of
Finance – we actively support the development of India’s REIT ecosystem. In December
2024,
our CEO and Managing Director, Mr. Alok Aggarwal, was elected Chairman of IRA.
