
Brigade Hotel Ventures Reports on ESG Performance in FY 2025-26, Highlighting Net Zero and Water Positivity Goals
Brigade Hotel Ventures Limited (BHVL) has detailed its commitments to sustainability and corporate governance for the financial year 2025-26. Operating primarily in the hospitality sector, BHVL has reported on a wide range of environmental, social, and governance topics, setting ambitious long-term goals including achieving Net Zero emissions by 2045 and attaining Water Positivity by 2030 across its operations.The company maintains that sustainability is fundamental to long-term business resilience and stakeholder trust. BHVL's ESG strategy spans three strategic pillars: Environmental management, Social impact for communities, and Governance for shareholders.
Operational Scope and Governance
BHVL operates through a consolidated reporting framework, serving customers primarily in four states nationally. The company's primary business activity is hospitality, which accounts for 100% of its turnover. BHVL has a strong governance structure, guided by a Board-level Risk Management Committee and an ESG Council that oversees strategy implementation.Key operational metrics from the report include:
| Metric | Details |
|---|---|
| Year of Incorporation | August 24, 2016 |
| Reporting Boundary | Consolidated |
| Financial Year Reported | 2025-26 |
| Stock Exchange Listing | National Stock Exchange of India Limited (NSE) |
The company holds strict policies covering anti-corruption and anti-bribery, dedicating its Code of Ethics Policy to prohibit the acceptance of bribes. BHVL's commitment to human rights is formalized through a policy that aligns with UN Guiding Principles on Business and Human Rights and the ILO Declaration on Fundamental Principles and Rights at Work.
Sustainability Highlights: Environmental and Climate Action
The reporting period saw significant focus on environmental stewardship, waste management, and climate resilience. BHVL has implemented comprehensive sustainability strategies aligned with international frameworks like TCFD (Task Force on Climate-related Financial Disclosures).Climate and Energy Targets:
- BHVL achieved membership in the Science Based Target Initiative (SBTi) in FY2023-24, moving toward a Net Zero emissions target by 2045.
- The company aims to achieve Water Positivity by 2030.
- A major focus area is energy efficiency; the group targets 100% renewable-powered operations by 2040 and adherence to green building norms across all prospective projects by 2030.
Resource Management:
The company has demonstrated effective resource management, especially in water stewardship:
| Parameter | FY 2025-26 Performance | Target Status |
|---|---|---|
| Water Recycling Enhancement | Increased wastewater recycling by 10% year on year. | Ongoing |
| Green Building Standards | Adoption of LEED and IGBC norms across all projects. | On Track |
Waste Management:
BHVL employs a five-step waste hierarchy strategy, emphasizing reduction and reuse. The company practices Zero Liquid Discharge (ZLD) to ensure water is recycled within a closed-loop system. Waste management data highlights:
| Parameter | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total Waste Generated | 14,604.99 Tonnes | 739.86 Tonnes |
| Waste Intensity per Rupee of Turnover (PPP) | 653.81 | 35.96 |
Social and Human Capital Focus
BHVL places strong emphasis on the well-being and development of its workforce, maintaining a commitment to diversity and inclusion across all levels.Workforce Metrics:
The company reported a total of 1,532 employees and 20 workers. The workforce demographics are detailed below:
| Category | Total (A) | Male (B) | Female (C) |
|---|---|---|---|
| Employees | 1,532 | 1,270 | 262 |
| Workers | 20 | 14 | 6 |
A key achievement noted in the reporting period is that all employees and workers completed Occupational Health and Safety training. The organization also maintains a strong focus on diversity:
- Board of Directors: 25% representation of women.
- Key Management Personnel (KMP): 66.66% representation of women.
Stakeholder Relations and Compliance
BHVL actively manages stakeholder expectations through structured feedback mechanisms, maintaining dedicated grievance redressal channels for customers, employees, and the community. The company’s commitment to responsible business conduct extends to its supply chain, with a Sustainable Sourcing Policy mandating zero tolerance for conflict materials and child labour. In adherence to this policy, BHVL sourced 84% of required input materials domestically during the reporting period.The organization also confirmed that it has no active cases related to anti-competitive conduct or corruption in line with statutory requirements.
BRIGHOTEL Stock Price Movement
On Tuesday, shares of Brigade Hotel Ventures Limited shed 1.30%, settling at ₹63.32 after trading sessions. The stock saw a range spanning from a low of ₹63.11 to a high of ₹64.39, amidst a total traded volume of 44,644 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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