Business Responsibility and Sustainability Report for the year ended March 31, 2025
Awaiting price reaction for this filing.
Oberoi Realty has submitted its BRSR for FY 2024-25, covering its real estate development (96.40% of turnover) and hospitality (3.60%) businesses. The report, assured by TUV SUD South Asia, reports consolidated turnover of about ₹5,286 crore and net worth of about ₹15,705 crore. The company employed 1,482 permanent staff and around 14,000 construction workers at sites. Progress against its FY 2030 ESG goals includes 87.75% green-certified projects, 10% reduction in Scope 1 & 2 GHG intensity, 27.27% drop in water intensity, zero-waste-to-landfill status maintained, and 23% gender diversity (target 30% by 2030). Key highlights include zero fatalities across operations, no fines or penalties for bribery or corruption, 1,305 construction workers receiving BOCW certification, and strong external ESG ratings from S&P DJSI, GRESB, FTSE Russell, MSCI, and CDP. Long-term commitments include Net Zero by 2040 and 100% green-certified projects.
This is a routine regulatory disclosure with no material business impact on shareholders or stock price. However, it reinforces Oberoi Realty's positioning as a sustainability-focused real estate developer, which may support investor sentiment around ESG-focused funds and long-term brand value.