Verticals: ESG, Sustainability and Climate Change

As per MoES, Govt. of India, the global average temperature has risen by around 1 Degree Celsius since pre-industrial times. This magnitude and rate of warming cannot be explained by natural variations alone and must necessarily take into account changes due to human activities. Emissions of greenhouse gases (GHGs), aerosols, and changes in land use and land cover (LULC) during the industrial period have substantially altered the atmospheric composition, and consequently the planetary energy balance, and are thus primarily responsible for the present-day climate change. Warming since the 1950s has already contributed to a significant increase in weather and climate extremes globally (e.g., heat waves, droughts, heavy precipitation, and severe cyclones), changes in precipitation and wind patterns (including shifts in the global monsoon systems), warming and acidification of the global oceans, melting of sea ice and glaciers, rising sea levels, and changes in marine and terrestrial ecosystems.

Our ESG Products & Services

MAHAPREIT offers world class consulting services to corporates, Institutes and Governments with an objective to enable them towards their #Net Zero goals. Our Products & services are offered in partnership with carefully selected vendor partners. Our Products and services within the sphere of ESG & Sustainability have been curated as a response to industry demand, And we are in process of further structuring newer products to strengthen our product suite.

1.          Message by the Managing Director

We stand at a defining moment - one where economic growth must move in harmony with environmental responsibility and social equality. The world is navigating towards a pivotal era where economic progress is intrinsically linked with environmental stewardship and social equity.

For India to achieve its ambitious climate goals and ensure sustainable growth, businesses must adopt a new paradigm—one where Environmental, Social, and Governance (ESG) principles are at the core of their strategy.

At MAHAPREIT, a Government of Maharashtra undertaking we are committed to being a catalyst for this change towards inculcating ESG principles across every facet of your business. This is in line with our mandate to pioneer renewable energy and sustainable infrastructure projects that not only drive our state's economy but also ensure the upliftment of our most marginalized communities.

Our ESG brochure presents our portfolio of ESG and Sustainability services – designed to create measurable impact and lasting value. While these are our initial product offering, we intend to expand our product offering across the spectre of Environmental, Social and Governance.

I invite all concerned/Stakeholders to join us in this journey, make use of our expertise in enabling your businesses towards the NetZero targets. Let’s build a future that is not only prosperous but also resilient, inclusive and sustainable.  

BIPIN SHRIMALI

Managing Director

MAHAPREIT

 2.             What is ESG?

ESG, which stands for Environmental, Social, and Governance, is a framework used to measure and disclose a company's performance on sustainability and corporate responsibility themes. It offers a holistic approach for companies to manage risks and strengthen their accountability to both investors and stakeholders. The impact a company can have on it’s ecosystem has become vividly clear, whether it’s on a global or a local basis. Investors, Activists, Governments, and all other stakeholders are constantly monitoring the same. Hence, embedding “Sustainability in Business” is a top of mind agenda for all organizations and governments globally.

ENVIRONMENTAL: This component addresses a company's impact on the environment. Key parameters include the efficient use of energy and resources, adoption of renewable energy, responsible waste management, and using clean technology.

SOCIAL: This focuses on how a business treats people, including its employees, customers, and the local communities it operates in. It covers diversity and inclusion policies, safe working conditions, fair wages, protection of human rights, and positive community relations.

GOVERNANCE: This relates to corporate policies and governance practices. It is about clarifying the rights, responsibilities, and expectations of stakeholders to achieve consensus on long-term strategy. Factors include tax strategy, corporate risk management, executive compensation, anti-corruption policies, board structure, and the protection of shareholder rights.

In India, the Securities and Exchange Board of India (SEBI) has mandated sustainability disclosure through its Business Responsibility and Sustainability Reporting (BRSR) framework. This reporting is applicable to the top 1000 listed entities by market capitalization from the financial year 2022-23. The BRSR is based on the nine principles outlined in the National Guidelines on Responsible Business Conduct (NGRBC), 2018.

Why us?

Choosing us means partnering with an organization that uniquely combines government-backed credibility with deep, multi-disciplinary expertise. We are not just consultants; we are end-to-end solution providers with a proven track record of time-bound delivery on large-scale national projects. Our team of focused professionals, including engineers and domain specialists, offers independent, third-party assessments and a "total solutions under one roof" approach. Our core mission is to bridge the gap between policy, technology, finance, and on-ground implementation, ensuring that sustainability initiatives are not only compliant but also strategically sound and impactful.

Why Now?

The landscape of corporate responsibility is shifting from voluntary action to a strategic imperative. The SEBI mandate on Business Responsibility and Sustainability Reporting (BRSR) is now a firm reality for the top 1000 listed companies, demanding transparent and comprehensive disclosure. Simultaneously, investor focus has dramatically intensified, with assets in ESG-related funds surging multifold signalling a massive flow of capital towards sustainable enterprises. This is a critical moment. Delaying a robust ESG strategy is no longer an option for companies aiming to maintain a competitive edge, attract green capital, and meet the growing demands of investors, governments and stakeholders for responsible business conduct.

MAHAPREIT:  Environment and Climate Change: CMEC

Under the Environment vertical, CMEC was set up as a self-sustainable growth centre under MAHAPREIT. Will take up enrolment of eligible BC start-ups/entrepreneurs/eligible job aspirants. Will identify revenue generation projects like climate change projects, net zero Co2 emission, Air and Water Quality Monitoring, Sewage Treatment Plants (STPs), Solid Waste Management, Environmental Impact Assessments (EIAs), Noise Pollution Control, Hazardous Waste Management, mangrove restoration projects, River Cleaning projects, Capacity Building and Awareness, Research, and Development with compliance of MOEF / CPCB/MPCB. Will empanel, engage, and collaborate with agencies/organizations/companies in the management of Environment and Climate Change through EOI / Partnerships / MOU to support the activities under CMEC on revenue sharing models. Will identify and shortlist agencies for environment audit, and other studies through EOI in consultation with MPCB and other statutory bodies. Will be supported by MSKC (MAHAPREIT Start-up Knowledge Centre) and system improvement works will be allocated to BC start-ups/ entrepreneurs. Will take up EIA works of Financial and Banking Institutions and PMCs like PwC, KPMG, SBI Caps, and Deloitte. Expert Nominees' Committee on Climate Obligations and Regenerative Environment (ENCORE) was constituted to plan and advise CMEC on its activities. Successfully completed projects like Mangrove restoration and performance evaluation audit of STPs in the Nashik city Area. 

Climate Change in India: Observed and Projected Changes:

·             Temperature Rise In India

·             Sea surface temperature (SST) of the tropical Indian Ocean has risen.

·             Changes in Rainfall

·             Droughts

·             Tropical Cyclones

·             Changes in the Himalayas

PROJECTS:-

1. Pilot Project on Mangrove Conservation in P North Ward with a focus on Solid Waste Management-Project Completed.

2. Performance Evaluation of Sewage Treatment Plants of Nashik City Area-Project Completed.

3. Namami Chandrabhaga Project. Status- Draft Agreement submitted to the office of Divisional Commissioner of Pune.

4. Climate Resilient Planning for Coastal Zone Management in Maharashtra. Status-  Proposal submitted to MPC Board and awaiting sanction of the project.

5. Climate-Focused Internship and Fellowship Program. Status-  Proposal submitted to MPC Board and awaiting sanction of the project.

6. Conduct an Environmental Audit of the Cement Industry. Status-  Proposal submitted to MPC Board and awaiting sanction of the project.

7. Setting up of Solid Waste Management (SWM) Cell 2.0 in sync with the Swachh Bharat Mission. Status-  Proposal submitted to MPC Board and awaiting sanction of the project.

PRESENTATION- Environment_Solutions