The Lodha Group, a prominent real estate developer, is taking a proactive approach towards sustainability by incorporating energy efficiency, water conservation, eco-friendly materials, smart city solutions, and social considerations into their projects. With a commitment to achieving net-zero carbon emissions by 2035, the Lodha Group is setting an inspiring example for the industry.
CEO of the Lodha Group, Abhishek Lodha, believes that sustainability is a paramount topic for both India and the world. In an interview with CNBC-TV18, he emphasized the critical role that the Indian real estate industry can play in leading the energy and carbon transition within the country. With the help of technical experts and other stakeholders, he believes this transition can be achieved seamlessly without impacting productivity or economic viability.
The Lodha Group’s ambitious sustainability goals include becoming carbon-neutral well before the target date of 2035. Abhishek Lodha envisions his company reaching this goal earlier, showcasing their dedication and commitment to sustainability.
Amory Lovins, Co-Founder and Chairman Emeritus of the Rocky Mountain Institute, highlighted the immense potential for improving the efficiency of buildings in the real estate sector. He emphasized that every aspect of building design and construction can be made significantly more energy-efficient.
The Lodha Group’s commitment to sustainability is not just empty promises; it is backed by concrete actions. The establishment of a net-zero urban accelerator at the Palava Township showcases their dedication to reducing carbon emissions and fostering sustainable practices.
The real estate sector, with its significant influence on the built environment, has emerged as a pivotal player in the global effort to promote sustainability. The Lodha Group’s proactive approach in incorporating sustainable practices into their projects and their commitment to achieving net-zero carbon emissions sets a standard for the industry. By leading the energy and carbon transition, the Indian real estate industry can make a significant impact in the fight against climate change.
Definitions:
1. Net-zero carbon emissions: Achieving a balance between the amount of carbon emissions produced and the amount removed from the atmosphere, resulting in no net increase in carbon dioxide levels.
2. Sustainability: Practices and actions that meet the needs of the present without compromising the ability of future generations to meet their own needs.
Sources:
– CNBC-TV18