Mahindra World City Developers Ltd
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Mahindra World City Developers Ltd is a leading Indian company that operates in the Multi Asset Class Own & Develop sector. The company is a subsidiary of the Mahindra Group, a diversified conglomerate with operations in various industries such as automotive, aerospace, agribusiness, hospitality, and information technology. Mahindra World City Developers Ltd was established in 2002 with the aim of developing integrated business cities that provide world-class infrastructure and facilities to businesses.
The company's flagship project is Mahindra World City, located in Chennai, Tamil Nadu. The city is spread over 1500 acres and is designed to cater to the needs of various industries such as IT/ITES, manufacturing, logistics, and healthcare. The city has a range of facilities such as office spaces, industrial sheds, warehouses, hospitals, schools, and residential apartments.
Mahindra World City Developers Ltd is committed to decarbonisation and sustainable development. The company has implemented various initiatives to reduce its carbon footprint and promote renewable energy. One of the key initiatives is the installation of solar panels on the rooftops of buildings in Mahindra World City. The solar panels generate clean energy and reduce the dependency on fossil fuels. The company has also implemented energy-efficient lighting systems and HVAC systems in its buildings to reduce energy consumption.
Mahindra World City Developers Ltd has also implemented a Corporate Energy Management System (CEMS) to monitor and manage energy consumption in its buildings. The CEMS is a software-based system that tracks energy consumption in real-time and provides insights into energy usage patterns. The system helps the company to identify areas of energy wastage and implement measures to reduce energy consumption.
The company has also signed Corporate Power Purchase Agreements (CPPAs) with renewable energy companies to source clean energy. CPPAs are long-term contracts between companies and renewable energy generators that enable companies to purchase clean energy at a fixed price. Mahindra World City Developers Ltd has signed CPPAs with wind and solar power companies to source clean energy for its operations.
Mahindra World City Developers Ltd has also implemented a range of measures to promote sustainable transportation. The company has implemented a shuttle bus service that connects Mahindra World City with nearby towns and cities. The shuttle buses run on compressed natural gas (CNG), which is a cleaner fuel than diesel or petrol. The company has also implemented a bicycle-sharing system within Mahindra World City to encourage employees to use bicycles for short-distance commutes.
In addition to its sustainable development initiatives, Mahindra World City Developers Ltd is also committed to social responsibility. The company has implemented various programs to support the local community, such as providing vocational training to youth and supporting local schools. The company has also implemented measures to promote gender diversity and inclusivity in its workforce.
Mahindra World City Developers Ltd has received several awards and recognitions for its sustainable development initiatives. The company has been awarded the Leadership in Energy and Environmental Design (LEED) Platinum certification for its buildings, which is the highest level of certification for sustainable buildings. The company has also been awarded the Green Business Certification Inc. (GBCI) Zero Waste certification for its waste management practices.
In conclusion, Mahindra World City Developers Ltd is a leading Indian company that operates in the Multi Asset Class Own & Develop sector. The company is committed to decarbonisation and sustainable development and has implemented various initiatives to reduce its carbon footprint and promote renewable energy. The company's flagship project, Mahindra World City, is designed to cater to the needs of various industries and has a range of facilities such as office spaces, industrial sheds, warehouses, hospitals, schools, and residential apartments. The company has received several awards and recognitions for its sustainable development initiatives and is a role model for other companies in the industry.