Prestige Estates Projects Ltd Details ESG Performance and Sustainability in FY 2025-26

Prestige Estates Projects Ltd Details ESG Performance and Sustainability in FY 2025-26

Prestige Estates Projects Ltd Details ESG Performance and Sustainability in FY 2025-26​

Prestige Estates Projects Limited has released its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report covers environmental stewardship, social practices, and governance performance across the company’s operations.

The company, established in 1997, is a prominent entity in the real estate sector, with its primary business activity being the development and sale of residential and commercial projects, accounting for 90.43% of total turnover. The report includes data on sustainability performance metrics, workforce details, and commitment to responsible growth across various operational fronts.

Business Operations and Governance Overview​

Prestige Estates Projects Limited operates nationally, with offices and facilities situated in national and international locations. The company’s paid-up capital stands at ₹ 4,307 mn. Management oversight of sustainability issues is provided by a dedicated ESG Committee, which includes the Chairman and Managing Director, Irfan Razack, along with other executive directors.

The company has established a comprehensive commitment to environmental stewardship, focusing on reducing its ecological footprint while promoting resilient urban development. Key initiatives include integrating sustainable practices into design processes and enhancing resource efficiency across all projects.

Sustainability Performance Highlights (FY 2025-26)​

The BRSR provides detailed quantitative data regarding the company’s operations in climate action, water stewardship, waste management, and human capital management.

Climate and Energy Management​

Prestige Estates Projects Limited focuses on decarbonisation and green building standards, utilizing technology to enhance energy efficiency across its developments. The performance indicators related to climate include:

ParameterUnitFY 2025-26FY 2024-25
Total Scope 1 emissionsMTCO2e8,865.126,941.54
Total Scope 2 emissionsMTCO2e75,781.9160,270.90
GHG Intensity (Scope 1 & 2) per rupee of turnover0.00000066730.0000009145
GHG Emission Intensity adjusted for PPP0.0000135720.0000188942
GHG Emission Intensity per FTE Employee7.26459208197.0690413635

The company maintains a commitment to increasing green technology adoption, including the installation of solar panels and procurement of renewable energy sources. Furthermore, the entity conducted Life Cycle Perspective assessments for several commercial properties against a Cradle-to-Gate standard.

Water and Waste Stewardship​

Resource efficiency remains a critical focus, particularly in managing water and waste generated during operations.

IndicatorFY 2025-26FY 2024-25
Total water consumption (in kilolitres)708,813.78584,959
Water intensity per rupee of turnover adjusted for PPP0.0001136520.0001644386
Water intensity in terms of physical output (per FTE)60.831941297661.52282289
Total waste generated (in metric tonnes)4,736.141,725.82
Waste intensity per rupee of turnover adjusted for PPP0.00000075940.0000004851

In response to water management needs, the company employs smart irrigation systems and has implemented on-site Sewage Treatment Plants (STPs) to recycle wastewater for non-potable applications, supporting Zero Liquid Discharge principles at operational sites. Waste is managed through segregation, with a focus on recycling—the total recovered through recycling and other recovery operations amounted to 2,545.19 metric tonnes in FY 2025-26.

Workforce and Social Metrics​

The company provides employment details across its workforce while prioritizing the well-being of all personnel. Total employees stood at 11,652 in FY 2025-26.

ParticularFY 2025-26 (Total)Gender Breakdown (FY 2025-26)
Total Employees11,652Male: 9,295 (79.77%); Female: 2,357 (20.23%)
Permanent Employees11,092Male: 8,801; Female: 2,291

A significant aspect of the company’s commitment is ensuring the well-being of its employees. Cost incurred on well-being measures was reported at 0.15% of total revenue for FY 2025-26. Additionally, Prestige Group has a policy and framework in place to address human rights impacts, with dedicated committees overseeing corporate responsibility matters.

Stakeholder Engagement​

Prestige Group maintains regular engagement across multiple stakeholder groups, including customers, investors, employees, vendors/suppliers, and regulatory bodies. The company views its development process as integral to creating sustainable and inclusive urban spaces that support national progress.

The Grievance Redressal Mechanism is a cornerstone of the company’s social commitment, with specific channels in place for communities, shareholders, and customers. For FY 2025-26, the company received 1325 complaints from Customers, with 4 pending resolution at year end.

Compliance and Ethical Business Conduct​

The entity reports that it has a comprehensive anti-bribery policy, which includes rigorous due diligence and internal administrative controls to prevent fraud and detect fraudulent attempts across its operations. The management of human rights issues is overseen by the HR department and business leaders, ensuring all grievances are handled confidentially and without retaliation.

PRESTIGE Stock Price Movement​

Prestige Estates Projects Limited shares gained 2.66% in today's session, settling at ₹1682.30 as the stock closed after a strong rally. The equity traded within an intraday range of ₹1638 to ₹1689, with a total volume of 618,576 shares recorded during trading.
 

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.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top