By Team Homes | Thursday, 01 February 2024

Nila Spaces releases 'Carbon Neutrality Report' for Project VIDA

A progressive Real-Estate company transforming the industry through sustainable and environmentally conscious practices, Nila Spaces successfully instigated its move towards Carbon Neutrality through releasing the 'Carbon Neutrality Assessment Report,'

The report quantizes operational, embodied carbon emissions and outlines a meticulous roadmap for mitigation and neutralization as well. It reveals an intricate carbon neutrality roadmap and emission analysis meticulously crafted to entirely neutralize the carbon emissions stalking from the construction of Project VIDA.

In strict accordance with Protocol standards of ISO 14064 & GHG, the report analytically breaks down the emissions within the realms of Scope 1, 2, and 3.

Further, it proposes a finest blend of premium-quality carbon credits and assures for thorough mitigation of the project’s carbon impact from inception to completion but also incorporating periodic assessments with quarterly checks. This approach carefully considers factors such as cost-effectiveness, market demand, and consumer awareness.

Speaking on this, Deep Vadodria, CEO, Nila Spaces, said, "Our first view is to reduce GHG emissions through the IGBC-Platinum standard, avoiding GHG generation itself. We do not wait until a project is completed; instead, we neutralize emissions in an ongoing manner, demonstrating our commitment and agility in addressing environmental concerns. Reaching the pinnacle of sustainability through Project VIDA, what we are championing is not just a carbon-neutral real estate project but a testament to our commitment to design thinking. With this project, we’ve left no stone unturned, urging the industry to embrace a holistic sustainability plan. As we navigate the intricate balance of design and impact, it’s crucial for the sector to recognize that sustainability isn’t just a checkbox; it’s embedded in every aspect of project development.”

Similarly, MR Hartmut Wurster, Country Head, Blocher Blocher India, the architect of Vida stated “In our pursuit of sustainable architecture, we prioritize minimizing environmental impact through thoughtful design. Our recent project in Gift City, particularly the Nila’s Vida Tower, stands as the greenest tower, showcasing a commitment to environmental considerations and transforming spaces for positive human well-being.