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Sustainability

We believe in success that is built keeping in consideration Planet and
People. We are committed to improving sustainable practice across our
portfolio and own operations.

Sustainability is central to how we invest

At ASK PIA, sustainability is embedded in the way we invest, manage risk, and create long-term value. Our ESG approach is designed to strengthen investment decisions, support responsible development, and build resilience across our portfolio.

We integrate environmental, social, and governance considerations throughout the investment lifecycle—from screening and due diligence to monitoring and reporting. This helps us identify material risks early, engage with stakeholders more effectively, and encourage better outcomes for people, projects, and communities.

 

Our ESG Approach

Our ESG framework supports disciplined decision-making and responsible growth. We assess environmental and social risks before investment, work with developers to improve on-site practices, and review performance through ongoing monitoring. Our approach is aligned with applicable regulations and informed by internationally recognized ESG frameworks.


Built Around Three Core Pillars

Environment

We track and manage energy, emissions, water and waste across our offices. We encourage developers in our investment portfolio to adopt green certifications and climate-resilient design.

  • IGBC Platinum & Net Zero Energy certified HQ
  • Green building certifications encouraged across portfolio
  • Physical & transition climate risk screening
  • Initiated embodied carbon assessment for select projects
  • Rainwater harvesting and water recycling at project sites


Social

We invest in our people and the communities around us — fostering safe workplaces, inclusive hiring, and meaningful community development through our CSR programmes.

  • Encouraging zero fatalities & recordable injuries across all sites
  • Ensure 100% OHS training coverage for on-site workers at project site
  • Community impact assessments for all investments
  • Internal surveys conducted on mental and physical well-being


Governance

A robust governance framework underpins every decision - with clear policies on anti-corruption, data privacy, business ethics, and whistleblower protection.

  • 100% employees trained on anti-corruption
  • Zero tolerance for bribery and forced labour
  • Robust Grievance Redressal Mechanism
  • Defined Stakeholder Engagement Plan
  • Annual policy reviews against global standards


Policy to Practice

We adopted ESG Policy in February 2024 and it is applicable to development projects invested by ASK PIA. Our ESG Policy formalizes our commitment to integrating ESG considerations into investment decision-making. We support this through structured environmental and social risk assessments (ESRA), practical implementation guidance for developers, and regular engagement across the project lifecycle to help translate policy into action. 

We endeavor to invest in projects that:

  • comply with national, state and local environmental, social and governance requirements, and aligned to international ESG frameworks;
  • Establish inclusive, gender-responsive, safe, and healthy working conditions that foster open consultations;
  • Set environmental, social and governance targets and measure progress;
  • Ensure protection and conservation of the environment, minimize impact on biodiversity and communities;
  • Minimize pollution and optimize use of resources, water and energy conservation; recycling and reuse of waste;
  • Promote sustainability in supply chain;
  • Adopt industry best practices to minimize greenhouse gas emissions;
  • Endeavour to obtain green certifications;
  • Proactively engage with all relevant stakeholders and timely resolution of grievances

ESG Guiding Principles

Conforming to Environmental, Social and Governance Safeguards
Community Health, Safety and Security
Pollution Prevention, Resource Use Efficiency and Biodiversity Conservation
Climate Concious
Good Working Conditions
ESG Risks in supply chain
Stakeholder engagement
Business Integrity

Benchmarking and Continuous Improvement

We continue to strengthen our ESG practices through external benchmarking, evolving internal processes, and ongoing market engagement. Our participation in GRESB, the world’s leading sustainability benchmark for real estate, reflects our commitment to transparency, improvement, and alignment with the changing expectations of responsible real estate investing. We are participating in GRESB assessment since 2024 and achieving year-on-year improvement in our GRESB score.

GRESB Real Estate Lender Roundtable

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In March 2025, ASK PIA took part in the GRESB Real Estate Lender Roundtable. This platform brought together leading institutions to provide feedback on the redevelopment of the institutional Real Estate Lender Benchmark. Our participation not only enabled us to share insights from the Indian market but also helped strengthen our understanding of evolving ESG expectations in real estate lending.

Good Practice Handbook

We have developed a comprehensive Good Practice Handbook on E&S Management during Design and Construction phase - a practical guide issued to every developer in our portfolio. It translates our ESG Policy into clear, site-level actions across the full project lifecycle, from architectural design choices through to construction completion. Through this approach, ASK PIA aims to create long-term value while contributing to more responsible and sustainable development.