Sustainability and Inclusivity: Our Commitment to Building a Better Ecosystem

At Neovantage Innovation Parks, we hold a profound respect for the implications of our decisions on the environment and community. Our unwavering focus on creating value extends beyond economic considerations to include sustainable practices and operations. We are fully committed to building a greener, safer, healthier, and more inclusive ecosystem that benefits all our stakeholders.

Driving & Delivering Value For a Sustainable, Greener & Inclusive Community

We are committed to improving our building performance and robustness through effective measures that minimise the environmental impact. We deliver real estate solutions that are state-of-the-art, energy-efficient, and sustainable. Some of the key initiatives we have undertaken are:

  • Energy & Emissions: IGBC LEED Gold & Platinum; USGBC LEED O+M Gold; Renewable power to diversify offtake from fossil fuels; Efficient low-energy lighting fixtures.
  • Water Stewardship: Water efficient fixtures;  Waste-water recycling for green areas through smart irrigation technologies; Storm water conservation such as rainwater harvesting using hollow grass-concrete pavers.
  • Biodiversity: Annual tree plantation drives; integrated biophilia in existing and new constructions; ensuring water bodies onsite.
  • Waste Management: Onsite turnkey STP and ETP facilities to manage hazardous and non-hazardous waste; Biodegradable recycling; Green seal certified housekeeping chemicals to reduce contamination.

We are dedicated to maintaining regular, active engagement with our occupiers, employees, and the local communities in and around our campuses. In keeping with our commitment to being a responsible corporate citizen, our social development programs prioritise overall health, well-being, training and development, and social impact. Several of these social initiatives include:

  • Training and Development: Functional training for all employees; Daily safety training on construction sites; Relevant functional certifications, including EHS, project management
  • Health and Well-Being: WELL Health and Safety certification ensuring a 33% green cover across campuses to create an ambient & nurturing environment. Waste and air quality monitoring to ensure adherence to statutory guidelines; Healthcare facilities include an on-site doctor and ambulance; Gym & fitness facilities on campus
  • Occupier Engagements: Joint tree plantation with occupiers, on campus; Social activities like festival celebrations and sporting events; Local farmers market with shopping stalls to promote local produce and food
  • Community Engagements: Health and eyecare camps for the local community; Promotion of fisheries in local village ponds to help create supplementary income streams; Donation to community schools; Skill development center for local youth to train them in facility management functions

We are fully committed to upholding the highest standards in corporate governance; continually striving to improve our processes and policies to align with globally recognised best practices. We are placing an increased emphasis on digital agility and technology enablement to reinforce our governance framework, and advance value creation, transparency, and accountability for all our stakeholders. Several of our governance initiatives include:

  • Responsible Investment: Governance aligned with the UN PRI principles, adhering to a comprehensive set of guidelines and policies that encompass business conduct and ethics policies for employees and vendors, corporate governance guidelines, and functional policies. We are fully compliant with all regulatory and statutory requirements, and our ESG disclosures are consistent with GRESB standards
  • Growth with a focus on Sustainablity: Sustainable finance - new constructions backed by green loans; Ensuring environmental diligence is a key consideration when acquiring new assets.
  • Process Improvements: Software to automate regulatory and statutory compliance management; Tech-enabled facility management; ISO certification for functional processes across facility management, project management & leasing management.

Certification & Standards

Carbon Neutral Operations

Neovantage achieved Carbon Neutral Operations in 2020 & 2021.

Carbon Neutral Operations

Neovantage achieved Carbon Neutral Operations in 2020 & 2021.

Carbon Neutral Operations

Neovantage achieved Carbon Neutral Operations in 2020 & 2021.

Carbon Neutral Operations

Neovantage achieved Carbon Neutral Operations in 2020 & 2021.

Carbon Neutral Operations

Neovantage achieved Carbon Neutral Operations in 2020 & 2021.

Our Approach

We believe that sustainable development should enhance the quality of life for individuals, communities, and the environment. In our approach, we have focused on three essential factors: fostering a clean and green environment, enhancing the health and well-being of communities, and creating long-term opportunities for the local community.

Greenery Development

We believe in a sustainable future, which is why preserving, promoting, and improving the environment is one of our top priorities. Our facilities management team has undertaken many initiatives to advance this cause.

Bee Farming

A balanced ecosystem is significant for a sustainable future. This is why we started bee farming on our campuses to maintain harmony with nature.