Sustainability has become a paramount consideration in the real estate industry as companies strive to incorporate responsible practices into their operations. Arihant Superstructures Ltd, a prominent player in the sector, is at the forefront of embracing sustainability as a fundamental value.
Amidst its dedication to sustainability, the real estate player has taken significant steps to address critical societal challenges too. On the occasion of Labour Day, the company joined hands with the Central Railway Majdoor Sangh (CRMS) to organize a D-addiction awareness camp at Panvel Railway Station, Maharashtra. The event aimed to spread awareness among railway workers about the dangers of drug addiction and to provide support for those struggling with addiction.
In an interview with TheCSRUniverse, Mr. Ashok Chhajer, CMD of Arihant Superstructures Ltd, sheds light on the company's commitment to sustainability, its CSR initiatives, and the recently conducted de-addiction campaign. He further delves into various aspects, including the company's core social objectives, collaborative partnerships, sustainable practices, innovation, and waste reduction strategies.
To delve deeper into Arihant Superstructures' sustainability efforts and social initiatives, read the full interview below.
Q. What are the core social objectives and themes that Arihant Superstructures focuses on for its CSR activities, and how does the company select and prioritise these themes?
Arihant Superstructures prioritizes key social objectives and themes for its CSR activities, including education, health, environmental sustainability, and community development. These themes are selected through a comprehensive assessment of social needs and challenges in the communities where the company operates. Stakeholder interests and concerns, including those of customers, employees, and partners, are taken into account to ensure alignment with their expectations and aspirations.
Q. Recently, you partnered with the Central Railway Majdoor Sangh (CRMS) to launch a drug awareness campaign for railway employees. How did this partnership come about? Please share the reasons and research that led you to initiate this campaign.
The partnership with the Central Railway Majdoor Sangh (CRMS) for the drug awareness campaign was initiated based on extensive research and analysis of the prevalence and impact of drug addiction in the community. Recognizing the negative consequences of drug addiction on individuals and their families, the partnership with CRMS was formed as they represent the interests of railway workers who are particularly vulnerable to drug abuse due to work-related stress and high-risk situations.
Launched on Labour Day, the camp witnessed a substantial turnout of railway workers who actively participated in a range of activities and sessions meticulously designed to enhance their understanding of drug addiction. Esteemed experts in the field of addiction delivered insightful talks, providing crucial insights into the causes, consequences, and prevention and treatment strategies associated with drug addiction.
Moreover, the organizers shared comprehensive information about the available resources catering to individuals struggling with addiction, including rehabilitation centres and support groups. They passionately urged railway workers facing addiction challenges to seek assistance and emphasized the means to access these essential resources.
Q. How can corporates collaborate with stakeholders like government agencies, unions, and community organizations to address social issues like drug addiction? What role do collaborative mechanisms and collective action play in achieving Arihant Superstructures' CSR goals? Can you share examples of significant social sector partners the company has worked with?
Corporates can collaborate with stakeholders such as government agencies, unions, and community organizations by forming partnerships that leverage their respective strengths and resources. Collaborative mechanisms and collective action are crucial in achieving Arihant Superstructures' CSR goals as they enhance the company's impact on the communities it serves. The company has worked with several significant social sector partners, including NGOs, academic institutions, and government agencies, to successfully implement its CSR initiatives.
Q. Given that the real estate industry is increasingly moving towards sustainable development and architecture as part of its broader CSR commitment towards the environment, what sustainable practices and features has Arihant Superstructures incorporated in its real estate developments to align with this trend, and how does the company ensure that these practices and features are aligned with industry standards and best practices for sustainable development?
With a steadfast commitment to the environment, we have placed it as our top priority, ensuring that our actions align with sustainability and ecological well-being. Recognizing the urgent need for environmental preservation, we have implemented comprehensive measures to maximize our impact. From adopting renewable energy sources to reducing carbon emissions and implementing eco-friendly practices, our focus on the environment permeates every aspect of our operations. Through responsible resource management, waste reduction, and conservation efforts, we strive to make a significant contribution towards a greener future. By prioritizing the environment, we aim to inspire others and set an example of environmental stewardship for the greater good of our planet.
Q. What role does innovation play in Arihant Superstructures' sustainability initiatives, and can you provide examples of some of the most innovative solutions the company has implemented in recent years?
Innovation is pivotal in Arihant Superstructures' sustainability initiatives as it drives the development of groundbreaking solutions to address environmental challenges and promote sustainable practices. The company has integrated green building technologies, utilized eco-friendly construction materials, and implemented waste management systems. Examples of innovative solutions include the adoption of solar power systems, energy-efficient designs, rainwater harvesting techniques, and the use of recycled materials. These practices not only minimize environmental impact but also set new industry benchmarks for sustainable development.
Q. What are some of the key sustainability challenges facing the real estate industry in India, and how is Arihant Superstructures addressing these challenges through its building designs and construction practices?
Arihant Superstructures recognizes key sustainability challenges in the real estate industry in India and addresses them through innovative building designs and construction practices. One of the primary challenges is energy efficiency, and Arihant has incorporated energy-efficient designs and technologies to reduce energy consumption and carbon footprint in their projects. They also focus on water conservation by implementing rainwater harvesting systems and using water-efficient fixtures. Additionally, Arihant Superstructures emphasizes waste management by adopting sustainable construction materials and practices that minimize waste generation. By addressing these sustainability challenges, Arihant Superstructures sets a positive example for the industry and contributes to a more sustainable future in the real estate sector.
Q. What strategies does the company use to reduce waste and promote a circular economy in its construction practices, and what impact have these strategies had on its sustainability performance?
Arihant Superstructures employs various strategies to reduce waste and promote a circular economy in its construction practices, resulting in significant improvements in its sustainability performance. The company emphasizes the use of recycled and reclaimed materials, reducing the demand for virgin resources and minimizing waste generation. They also prioritize the efficient management of construction waste through recycling and proper disposal techniques. Furthermore, Arihant Superstructures adopts modular construction methods, allowing for efficient use of materials and reducing on-site waste. These strategies have had a remarkable impact, not only in reducing the environmental footprint of their projects but also in optimizing resource utilization and enhancing overall sustainability performance. By embracing circular economy principles, Arihant Superstructures sets a commendable example for the industry, demonstrating how innovative construction practices can drive sustainable development while minimizing waste and preserving valuable resources.
Q. What process does the company follow to allocate its CSR budget for various social initiatives, and can you provide examples of how the company has allocated its CSR budget in the past for specific CSR projects or activities?
Arihant Superstructures follows a rigorous and well-defined process to allocate its CSR budget for various social initiatives, ensuring maximum impact and alignment with their core values. The company conducts extensive research and needs assessment to identify key areas where their support can create a meaningful difference in society. They engage with stakeholders, including local communities, NGOs, and experts, to gather insights and prioritize the most pressing social issues. Previous allocations of their CSR budget have supported projects like educational programs for underprivileged children, healthcare initiatives in rural areas, skill development programs for youth, and environmental conservation projects. These examples reflect Arihant Superstructures' commitment to addressing critical social challenges and leveraging their CSR budget effectively to drive positive change and uplift communities in need.
Q. What is the long-term vision of the company for its sustainability and CSR initiatives, and how does it plan to continue to innovate and improve in these areas in the future?
Arihant Superstructures envisions a long-term commitment to sustainability and CSR initiatives, aiming to be a leader in responsible and ethical practices in the real estate industry. The company's vision includes further integrating renewable energy sources, implementing green building certifications, and enhancing resource efficiency in all its projects. Additionally, Arihant Superstructures plans to expand its social impact by deepening its engagement with local communities, supporting education, healthcare, and skill development initiatives. To fuel continuous improvement, the company will foster a culture of innovation, investing in research and development to discover and implement cutting-edge sustainable technologies and practices. By staying ahead of industry trends and driving positive change, Arihant Superstructures aims to create a lasting legacy of sustainability, social responsibility, and innovation in the real estate sector.
x
