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Redington's strong focus on sustainability: Corporate Office achieves LEED Platinum Certification

Posted On: 2024-08-29 19:08:16 (Time Zone: IST)


Redington Limited (Redington), a leading Indian integrated technology solutions provider and Fortune India 500 company, continues to focus on building long-term and meaningful impact that help address the most urgent needs and critical problems within the society. Driven by the vision, 'creating value for a better future', the strategic initiatives are directly aligned towards the corporate business, which helps maximize impact through harnessing business processes, technology expertise, partnerships and resources. Working within the focus areas of Skill Development, Education, Environmental, Sustainability and Health, the company responds to emergent needs through both deep-dive and narrow approach to projects, to maximize efficiency and impact.

In line with this, the company is proud to announce that the corporate office in Chennai has been awarded the prestigious LEED Platinum certification by the United States Green Building Council (USGBC), the highest rating in this category. This recognition reflects the ongoing commitment to environmental sustainability and energy efficiency.

The LEED (Leadership in Energy and Environmental Design) rating system is one of the most widely recognized green building certification programs worldwide. It encompasses four distinct levels of certification, Platinum, which is the highest and the best, followed by Gold, Silver and Certified. Achieving LEED Platinum status, the highest level of certification, signifies that the Chennai office has met and exceeded rigorous prerequisites. These include reducing CO2 emissions, promoting environmental sustainability, enhancing energy efficiency, optimizing indoor air and environmental quality, improving energy performance, and prioritizing the use of sustainable materials.

A first-of-its-kind, fully owned commercial building with a capacity for 500+ associates, the Redington Chennai campus has been strategically located to ensure ease of travel for employees. The campus is equipped with advanced energy management systems, including energy-efficient lighting, HVAC systems, and rooftop solar power generation (60 KVA), all of which significantly reduce energy consumption and the campus's carbon footprint.

V. S. Hariharan, Group CEO, Redington Limited said: "Sustainability is a critical priority for Redington, shaping our approach to business operations and strategic initiatives. The LEED Platinum certification awarded to our Chennai corporate office is a reflection of our commitment to environmental responsibility and excellence in building practices. This recognition highlights our continuous efforts to integrate sustainable solutions into our operations, ensuring that we contribute positively to the environment and society. We remain dedicated to pursuing practices that support long-term sustainability and benefit the communities we serve."

Mr. Sriram Ganeshan, Global Chief Commercial Officer, Redington Limited said, "This achievement is a significant milestone and demonstrates our commitment to sustainability. This is the result of dedication and hard work of our team, whose efforts have been instrumental in receiving the certification. We extend our heartfelt gratitude to everyone involved in this project. Looking ahead, Redington is committed to maintaining this momentum by pursuing LEED certification for our upcoming office buildings, ensuring that sustainability remains at the core of our infrastructure development."

The campus features lighting and occupancy sensors, automated variable lighting, centralized airconditioning with rainwater harvesting, charging points for electric vehicles, and green walls/plants throughout the premises. Additionally, the office boasts world-class, recycled furniture, enhancing its aesthetic appeal while contributing to sustainable development.

The certification process is conducted by professionals at the USGBC, who carry out a comprehensive assessment of the project. Upon certification, the rating serves as a testament to the verified sustainability and environmental responsibility of the property.

Shares of Redington (India) Limited was last trading in BSE at Rs. 201.50 as compared to the previous close of Rs. 204.70. The total number of shares traded during the day was 30830 in over 835 trades.

The stock hit an intraday high of Rs. 206.70 and intraday low of 199.95. The net turnover during the day was Rs. 6231668.00.


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