With human progress, natural resources are depleting rapidly. Although the insurance business does not have significant negative impact on the environment, we are proactively reducing our carbon footprint and contributing to the global fight against climate change. We have identified key areas of intervention as energy efficiency, water conservation, waste management, and reducing paper and plastics usage.
Environment protection
Our corporate office is a green building, certified by Indian Green Building Council (IGBC).
A feasibility study on the viability of power generation through solar roof top panels is underway. The project, if implemented, could reduce electricity load by upto 35% from existing demand.
Digitalisation has enabled us to make several processes paperless – significantly lowering our total paper consumption; 99% of our new applications are now sourced digitally. Further, we have tied up with the Bombay Leprosy Project, an NGO engaged in leprosy relief work, to collect old newspapers/magazines. The NGO creates income-generation opportunities for the underprivileged by teaching them to make envelopes from waste paper
Individual applications sourced digitally
Used newspapers/ magazines recycled monthly
Food wastage in the cafeteria is discouraged through awareness campaign through graffiti’s. Leftover food and food waste generated in our cafeteria is collected and recycled through a composter biodegradation process into organic manure which is used as an organic fertiliser for plants in the premises.
Leftover food recycled every month
All the plastic used in our premises are collected, packed and sent to the vendor for various recycling activities. The procurement of PET bottles has been completely stopped post August 2019 in response to the Prime Minister’s call to reduce one-time-use plastics.
PET bottles recycled every month
Installed a rainwater harvesting system to collect rainwater during the monsoon and recoup the existing underground sumps. The water so collected is being used in the cooling towers for air conditioning.
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