Driven by innovative practices for sustainable environment
We have taken that leap in the form of an initiative built on our pillars of taking sustainable action for impactful change to society and the environment.
This initiative will assemble all our vision and resolve towards our ESG goals.
Under one banner.
We call it,
It is time for action to speak louder than words.
IndoSpace’s Concept towards Sustainability
IndoSpace is on a resource-conserving expansion journey. As market leaders, we aim to set an instance for every company in this business to imbibe the principles of environmental sustainability, social embodiment, and genuine governance. Initially, we had moved to ‘green’ warehousing and blended various environmental-friendly features into our facilities’ design, sourcing, construction, and management. We set a distinct benchmark in green financing in India on our recent closure of INR 10 billion (approximately USD 135 million) ‘green’ loan from HSBC. To make our facilities self-sufficient in energy, IndoSpace has decided to invest abundantly in renewables. All our new expansions and acquisitions will conform to the sustainability standards based on our extensive portfolio of EDGE- certified ‘green’ buildings. Our parks in Luhari are the first projects in India to be accredited with the prestigious IGBC Platinum Rating for the Logistics Parks Category.
People trust IndoSpace because we follow a sustainable approach and meet ESG commitments. By always delivering value, it has helped us maintain long term connections between the organisation and its people and the society. Our policies match regulations and international standards set by IFC and the World Bank. It formulates the processes, operations, stakeholder management, and employee conduct at IndoSpace. We maintain our sustainability approach through a cross-functional management structure, field-level implementation teams, and established mechanisms for tracking, oversight, and audit.
Sustainability serves many of our customers too. In today’s, environmental-centric world, many businesses have made sustainability a core goal. By choosing us as their industrial and logistics real estate partner, they come closer to achieving their sustainability and environmental goals. We are constantly investing and upgrading our facilities so they have a lower carbon footprint. Additionally, we are building opportunities for operational management, with advantages over cargo handling, traffic operations, storage utilisation, energy usage, and employee performance for our customers with strong sustainability-focus.
Businesses today are largely affected by new legislation, rules and trends pushing for more environmentally-friendly industries. As part of our warehouse logistics solutions, our real estate setup can adapt to new changes rapidly so clients always adhere to the norms. IndoSpace readjusted with several clients in the e-commerce space witnessing its growth during the global pandemic depicting our successful adaptation and flexibility. Our operations and processes persisted unhampered, and the essential services could maintain their operations from our parks easily without restraint.Â
Technology Driven Operations
Environment
Environmental Responsibility
IndoSpace was among the early adopters of green warehousing in India and has since continuously integrated sustainable practices across its business operations. Our approach combines strategically located assets with responsible building design, construction methodologies, and efficient resource utilization. We work consistently to reduce our carbon footprint through initiatives such as rooftop solar installations, natural ventilation design, responsible material selection,water-efficient systems,and other sustainability measures.
Environment Compliance Report
Governance
At IndoSpace, governance is the cornerstone of our commitment to responsible business performance and sustainable growth. We have established a robust corporate governance framework, complemented by comprehensive policies, which helps us embed integrity and accountability into our operations and culture.
IndoSpace is a proud signatory to the United Nations supported Principles of Responsible Investment (UN PRI). We were awarded a 5-Star rating in all applicable reporting categories of the UN PRI 2025 annual Transparency Reporting and Assessment.
Our approach to strengthen governance and transparency:
- Adopting and implementing responsible investment practices
- Aligning with best-in-class ESG reporting
standards - Conducting business activities in compliance with applicable legal and regulatory requirements
- Continuing to emphasize POSH and
ethics trainings
Internal Audits & Risk Management
Internal audits are conducted at periodic intervals to secure adherence to applicable company and governmental regulatory and statutory requirements. It also helps us identify if there are any deviations.
Our Vice-Chairman, Group CFO, Managing Director Asset Management, and Managing Director Strategy & Planning form the core leadership team of IndoSpace’s Internal Audit Committee. The purview of responsibilities for this department also includes risk management, compliance, regulatory oversight, and other governance activities.
Code of Conduct
IndoSpace has a set of standards and boundaries that we are all bound to operate. It is called our code of conduct. It governs and monitors our ethical behaviour across all operations and interactions with various stakeholders. Our code of conduct covers care and dignity, ethics, insider trading, third-party intermediaries, anti-bribery, corruption, environmental, and social aspects.
The Compliance Officer leads the compliance management system that constantly administers the adherence to the code of conduct.
Our policies include:
- Whistleblower Policy
- Insider Trading
- Political Contributions, Donations, and Sponsorships
- Anti-Bribery and Corruption
- Financial Controls
- Third-Party Intermediary Relationship
- Gifts and Entertainment
- Care and Dignity
- Fair Play and Equal Opportunities
- Ethics
- Communications and Training
- Employee and Vendor Advance
- Environment and Social
If you have any questions about IndoSpace's Code of Conduct Policy, or if you have any concerns, please contact us at:
XXXXXXXX@indospace.in | +91 XX XXXX XXXX
Suppliers & Contractors
The scope of our ESG policies is not limited only to our organization. It extends and includes hundreds of vendors and suppliers and every other person we closely work with.
The evaluation system at IndoSpace begins with the Contractor Selection and Evaluation Checklist. The checklist covers aspects related to safety, gender equality, availability of policy guidelines for child labour, POSH (Prevention of Sexual Harassment), WASH (Water, Sanitation and Hygiene), and the availability of any grievance redressal system.
Additionally, during the selection process, we conduct an Environmental & Social (E&S) performance evaluation and prioritise compliance with regulations. IndoSpace also runs programmes to imbibe safety messages amongst our vendors and suppliers at all sites. We conduct a half-yearly contractor review to ensure no rules are compromised.
Downloads
OUR 2025 ESG GOALS
Social Impact
Social Impact
Our social impact efforts are centered on people and communities. By working closely with local stakeholders, we
aim to uplift lives, build capabilities, and foster long term well-being, ensuring our growth contributes positively to society.
Our Near-term priorities:
trust, collaboration, and shared ownership.
Social Impact Activities
IndoSpace Industrial & Logistics Park Khopoli II distributed 50 water tanks to villages to help tide over water shortage problems during summer.
IndoSpace Oragadam organized rice and soap distribution to Kandigai & Panruti villagers during the COVID-19 lockdown.
IndoSpace contributed PPE kits & Ventilators to the Mahalunge COVID-19 Centre (Pune).
IndoSpace distributed fitness bands to police personnel in Chakan (Pune).