Overview

We are committed to Environment, Social and Governance practices, including installation of health infrastructure, focus on sustainability initiatives and activities, which have a positive impact on the communities in which we operate.

Environmental, Health & Safety Certifications

The Indian Green Building Council (“IGBC”) has introduced Green Campus Rating System. The rating system primarily focuses on the common areas, utilities and landscaping provided in the campus.

The certification program addresses priorities, which include:

  • Water conservation
  • Waste management
  • Energy efficiency
  • Reduced use of fossil fuels
  • Health and well-being of occupants

Platinum Certification

Candor Techspace, Sector 21, Gurugram

Gold Certification

Candor TechSpace, Newtown, Rajarhat, Kolkata

We believe our governance structure reflects a rigorous approach to corporate governance. The governance structure is based on the following pillars that enable it to align and commensurately represent the interests of all our stakeholders:

  • Significant level of Sponsor Group ownership in the Brookfield India Real Estate Trust (on a post-Offer basis) creates an alignment with the interests of Unitholders
  • Entirely performance-linked fee structure for our Manager
  • Balanced board composition of our Manager between independent and Brookfield directors
  • Robust related party transaction policies
  • Commitment to ESG practices including
    • Installation of health infrastructure
    • Focus on sustainability initiatives
    • Activities that have a positive impact on the communities
  • Anti-bribery and anti-corruption policies in line with international standards

Policy on unpublished price sensitive information and dealing in units

COVID-19 spread to a majority of countries across the world, including India, in the calendar year 2020. The World Health Organization declared the outbreak of COVID-19 to be a public health emergency of international concern on January 30, 2020, and a global pandemic on March 11, 2020.

Our Manager has undertaken several significant initiatives at the office parks in response to the pandemic and to promote the health and safety of tenants and visitors. Such initiatives include:

  • Redistribution of standard operating procedures to all tenants
  • Maintaining frequent communication with all tenants
  • Status check through ‘Aarogya Setu’ App
  • Implementing and enforcing social distancing measures
  • Conducting temperature checks with thermal cameras and infrared thermometers
  • Restricting the number of personnel that use elevators and common areas at any given time
  • Distributing sanitizers
  • Regulating traffic flow
  • Installing automatic sanitizing systems
  • Disinfecting the premises
  • Installing electrostatic filters
  • Monitoring air quality and conducting periodic fumigation

Maintenance personnel at the office parks have been equipped with personal protective equipment and have been trained for maintaining COVID-19 safety protocols. In addition, our Manager is in the process of evaluating measures for contactless elevator controls and improving air quality.

Our Manager is closely monitoring the impact of COVID-19 on all aspects of our business and operations, including its impact on the tenants and the preventative or protective actions of the central, state and local Governments on the relevant aspects of the Initial Portfolio.

Our Manager has also focused on maintaining business continuity and operational efficiencies during the lockdown and is evaluating various cost reduction measures.