CII IGBC and CREDAI signed a MOU to drive the Green and Net Zero Building Movement in India. At the signing ceremony (from L to R) Shekhar Patel, President Elect CREDAI; Boman R Irani, President, CREDAI; C Shekhar Reddy, National Vice Chairman, CII IGBC; Jeff Oatman, Chair, Asia Pacific Network- World Green Building Council and Head of Collaboration and Membership, GBC Australia; Himanshu Shah, Director, IGBC; and Sundeep Vullikanti, Senior Counsellor, IGBC.The MoU was signed at a ceremony held on 23 Sept 2024 at CREDAI’s NATCON 2024 in Sydney, Australia, by C Shekar Reddy, National Vice Chairman, CII IGBC, and Boman R Irani, President, CREDAI.
Said C Shekar Reddy, “The MoU with CREDAI is a significant moment as this partnership will play an important role in helping India becomes one of the global leaders in the sustainable built environment by 2025. We will work closely with CREDAI members across India to raise awareness on Green and Net Zero concepts and adopt suitable IGBC Green and Net Zero Rating systems for their upcoming projects.”
As part of the agreement, CII IGBC will support CREDAI members in carrying out high-level feasibility studies for their building projects (in Design/ Construction/ Operations phase) and share improvement opportunities with a clear roadmap to achieve the IGBC Net Zero ratings. CREDAI and IGBC will also seek the support of each other’s’ members in local chapter activities and work closely with stakeholders in regions and states in taking forward the green and net zero building movement.
Said Boman R Irani, “CREDAI brings together more than 13,300+ members from 230 city chapters across 21 states of India and, together with CII IGBC, we can effectively promote sustainability in the real estate sector and contribute to a more environment friendly future.”
Under the association with IGBC, CREDAI continues to pledge for its commitment to have over 4,000 projects by 2030, adopting IGBC Green & Net Zero building rating systems. This will mean an addition of over 4,00,000 housing units in the green development category across the country. CREDAI and IGBC will also form a joint taskforce to drive initiatives which will further the cause of Green Building and Sustainable Built Environment in India. Regular updates on the activities would be shared with the members periodically.
M Anand, Deputy Executive Director, CII IGBC, said, “By leveraging their respective strengths, IGBC and CREDAI can create a powerful alliance that drives the green and net zero building movement in India, resulting in significant economic, social, and environmental benefits for the country.”
IGBC encourages innovation in building technologies, materials, and design practices that support net zero goals. It promotes research and development in sustainable building solutions and technologies, and also fosters collaboration among various stakeholders, including industry experts, government bodies, and academic institutions.
CII IGBC’s Mission on Net Zero envisions to achieve 100% net zero embodied carbon by 2050, for new buildings and infrastructure and work towards making all buildings including existing buildings, net zero operational carbon. Its Net Zero Carbon Rating System promotes use of low-embodied carbon materials and technologies and on-site or off-site renewable energy sources, and adherence to a Whole Building Life Cycle Analysis. The rating system addresses projects in both ‘Design & Construction’ and ‘Operations’ phases. This approach allows tailored strategies for minimising or eliminating carbon emissions at different project stages.
