In an era marked by the pressing challenges of climate change and environmental degradation, the real estate sector has become a central player in the global effort to promote sustainability. Recognizing its significant influence on the built environment, developers have taken responsibility by integrating energy efficiency, water conservation, eco-friendly materials, smart city solutions and social considerations into their projects . The Lodha Group, a leading real estate developer, has gone a step further by creating a net zero emission urban accelerator in its Palava municipality, setting an inspiring example for the industry.
Abhishek Lodha, CEO of Lodha Group, believes that sustainability is a prime topic not only for India but also for the world at large. In a recent interview with CNBC-TV18, he highlighted the critical role that India’s real estate sector can play in the country’s energy and carbon transition. He expressed confidence that with the support of leading technical experts and other stakeholders, this transition can be achieved smoothly without negatively affecting productivity or economic viability.
“This is a very important issue for the world and for India. We believe that the Indian real estate sector should and can lead the energy and carbon transition in India and we believe that with the help of leading technical and other experts, this transition can happen seamlessly without impacting productivity or the economy of the sector. ,” he said.
One of Lodha Group’s most ambitious sustainability goals is to achieve net zero carbon emissions by 2035. Abhishek Lodha envisions his company becoming carbon neutral well before this target date.
“As a company, we are committed to achieving zero carbon by 2035 and hope to achieve it well before that,” he added.
Amory Lovins, co-founder and president emeritus of the Rocky Mountain Institute, weighed in on the real estate industry’s sustainability efforts during the same interview on CNBC-TV18. He highlighted the immense potential for improving the energy efficiency of buildings, emphasizing that every aspect of building design and construction can be made significantly more energy efficient.
The Lodha Group’s commitment to sustainable development is not mere rhetoric; it is based on concrete actions. The creation of a net zero urban accelerator in the municipality of Palava illustrates the group’s commitment to reducing carbon emissions and promoting sustainable practices.
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