Nexus Select Trust has informed the Exchange regarding Disclosure of material issue
Awaiting price reaction for this filing.
Nexus Select Trust, a REIT listed on BSE and NSE, has voluntarily submitted its Business Responsibility and Sustainability Report (BRSR) for FY 2025-26 with moderate assurance from British Standards Institution. The Trust operates 19 malls, 3 offices and 3 hotels, contributing ~98% of turnover from renting and maintenance of immovable properties, with consolidated turnover of ₹2,224.07 Crores and net worth of ₹1,833.30 Crores. Key ESG progress reported includes a 37% reduction in Scope 1 and 2 emissions from FY 2020 baseline, ~60 MW of installed renewable energy capacity, 95% waste diversion from landfill, and 18 out of 19 malls achieving Zero Liquid Discharge. The Trust has set FY 2030 targets including Net Zero operational emissions, 100 MW renewable energy, 100% green building certification, and 30% female workforce representation.
This is a voluntary ESG/sustainability disclosure and does not have a direct material impact on stock price or unit holder returns. It signals strong governance and sustainability commitments which may appeal to ESG-focused investors and support long-term operational efficiency through reduced energy and water costs.