Abstract
As India has a growing rate of environmental changes, green buildings are essential for reducing emissions, enhancing energy and resource efficiency. This research examines the increase in adoption of Green rated buildings among Indian Corporates, as it is a higher investment to make, so this study aims to explore the strategic and financial motivations driving corporates to invest in sustainable practices. Through case studies of leading corporates like ITC, Infosys, and DLF, this research primarily analyses the financial considerations driving green building adoption. By reviewing LEED scorecards of projects in the BD+C: New Construction category, the study identifies strengths and challenges across various subcategories. A detailed matrix analysis highlights that corporates generally underperform in the Materials & Resources category, particularly in strategies related to reducing construction and demolition waste. The study concludes that improvements in material efficiency could further enhance corporate sustainability efforts in new construction projects. The overall findings from the financial and sustainability data of the corporates, emphasize the financial benefits of green building strategies, such as long-term cost savings, reduced energy consumption, and increased CSR value. However, the research also seeks to understand why they underperform in areas related to material sourcing and resource management, could be a further help in enhancing their sustainability efforts. Eventually, This study provides insights that corporates can better integrate green building practices into their strategic and financial planning, offering recommendations to encourage broader adoption in the New Construction category, contributing to a more sustainable and low-carbon future.
Presenters
Akanksha VermaStudent, Master of Architecture, Indian Institute of Technology, Kharagpur, West Bengal, India
Details
Presentation Type
Paper Presentation in a Themed Session
Theme
KEYWORDS
Green Buildings, Sustainable Practices, Environmental Impact, Material Efficiency
