SARE Homes lowers carbon trail to raise green quotient

In the wake of climate change discussions at the ongoing COP21 – Paris Climate Conference, SARE Homes, India’s premier FDI-funded developers and part of London-based asset management firm Duet Group has proactively addressed critical issues of carbon emissions and other greenhouse gases arising as a result of construction activities in the real estate sector. 

The company in association with DNV (Det Norske Veritas), an internationally reputed certifying body, has verified its carbon footprint for financial years 2013 (April 2012 to March 2013) and 2014 (April 2013 to March 2014) in accordance with ISO 14064: Part 1 2006. 

The company has aligned itself, as proposed by Union Minister for Environment, Forests and Climate Change, Prakash Javadekar to work towards a low carbon emission pathway. Using a methodology based on the Greenhouse Gas (GHG) Protocol, DNV had verified a total of 1263.58 metric tons of CO2 equivalent emissions basis data collected and compiled by SARE Homes across eight operational sites and offices. The agreed scope of work comprised of direct emissions in which the emission is  due to combustion of fossil fuels as part of DG set operations, (in stationary equipment). Also, combustion of fossil fuels in mobile equipment, (company owned vehicles) venting of GHG gases and emissions due to maintenance/turnaround activities (A/C/refrigerant gas refills/servicing) have been covered.

Emissions that occurs due to purchase of electricity have been covered under indirect emissions. The other indirect GHG emissions have not been considered and have been excluded.