Accenture Launches Velocity, A Platform To Help Clients Drive Up To 50% Faster Business Transformation On Amazon Web Services

Accenture (NYSE: ACN) today launched Velocity, a jointly funded and co-developed platform with Amazon Web Services, Inc. (AWS), that optimizes business outcomes up to 50% faster by removing the complexity associated with building and operating enterprise-scale applications and estates in the cloud. 

Velocity allows clients to adopt Accenture and AWS innovations more quickly based on the learnings from thousands of Accenture and AWS projects. Together, these repeatable solutions help clients adopt new AWS services without recreating time-consuming, labor-intensive work and recurring costs at the start of every project. Now, organizations can solve intricate industry-specific challenges to accelerate cloud success. By assimilating learnings from nearly 40 solutions for 16 industries with proven use-case relevance, Velocity also serves as a foundation for an expanded set of new, co-developed industry solutions.

“Last year, we announced a five-year vision with AWS to take companies further, faster in an era of compressed transformation. This year, we are delivering on a major step in our five-year investment to help our clients to grow and innovate across the cloud continuum for total business reinvention,” said Karthik Narain, global lead of Accenture Cloud First. “Velocity will bring AWS-powered industry, cross-industry, and technology solutions to market faster, with more repeatability and at a lower cost. It’s the essence of innovation powered by the shared experiences of Accenture and AWS.”

“For years, Accenture and AWS have collaborated to combine our shared resources, technical capabilities, and industry knowledge to help customers unlock innovation, drive business value, and support growth through cloud adoption and transformation,” said Matt Garman, senior vice president of sales, marketing and global services at AWS. “Velocity marks the next step in our collaboration as we continue to deliver innovation and industry-specific offerings that help customers move to the cloud faster than ever before.”

Vodafone, a British multinational telecommunications company, worked with Accenture and AWS to move its digital business to the cloud and adopt a DevOps model, supported by serverless architecture and containerization on AWS. 

“We remain focused on upgrading the customer experience iteratively and endlessly. Our work with Accenture and AWS has enabled Vodafone to not only scale seamlessly as consumer demand ebbs and flows but also deliver constant, incremental improvements at pace,” said Ben Connolly, head of Cloud Engineering & UK Digital Engineering at Vodafone.  

Available on a subscription basis, Velocity provides clients with cost-effective access to innovative features, including:

A Technology Fabric – Velocity’s pre-built and self-renewing capabilities with a growing library of design patterns quickly create enterprise-scale, cloud-first environments based on specific business imperatives, including a secure cloud foundation, a data platform and application building blocks.

Accelerators – Industry, technical and independent software vendor (ISV) partner solutions snap into Velocity’s Fabric as patterns and blocks of deployable code with automation, including pre-integration features optimized for the expanding suite of Amazon business solutions.

Activators – Powered by joint Accenture and AWS delivery teams, strong ISV partnerships and rapid prototyping, Velocity Activators ease technology and talent hurdles with a comprehensive set of assets, methodologies and processes. Accenture’s 27,000 AWS cloud specialists, who hold 34,000 AWS certifications, accelerate transformation by ideating, incubating and scaling for global impact.

Industry Solutions Powered by Velocity

Velocity arrives at a time when enterprises are migrating to the cloud under tremendous time and cost pressures to capture and grow market share. Accenture and AWS plan to expand their portfolio of differentiated solutions across industries to accelerate innovation powered by Velocity.

Ecopetrol, the largest company in Colombia and a leading integrated energy company in the Americas, recently launched a first-of-its-kind solution for water intelligence and management with Accenture and AWS using Velocity — a prime example of an industry solution that will help advance sustainability and operational efficiencies for other energy companies.

“By working with Accenture and AWS, we plan to create the world’s first water intelligence and management solution, putting us on a path to achieve water neutrality. We now have Accenture industry insights and leading cloud capabilities from AWS,” said Ernesto Gutiérrez de Piñeres, chief science, technology and innovation officer at Ecopetrol. “The Velocity platform will play a key role in accelerating our TESG (technology, environmental, social and governance) agenda, including our goals of reducing 66% of fresh water captured and zero discharges to surface water by 2045, improving the environment for the communities where we operate.”

Accenture’s unique collaboration with AWS continues to garner market recognition. Accenture was recently named a Leader in the 2022 Everest Group PEAK Matrix® for System Integration (SI) Capabilities on AWS. Accenture was recognized as the Global System Integrator (GSI) Partner of the Year at AWS re:Invent 2022 and is the recipient of nearly a dozen AWS awards this year.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

Companies With Highly Interoperable Technology Achieve Six Times Higher Revenue Growth, According To New Accenture Research

New research from Accenture (NYSE: ACN) finds that companies with highly interoperable enterprise applications gain greater agility to thrive amid uncertainty and achieve stronger financial performance. Last year, companies with high interoperability – which consist of one in three companies surveyed (34%) – grew revenue six times faster than their peers with low interoperability, and they are poised to unlock an additional five percentage points in annual revenue growth. 

For the report, Value Untangled: Accelerating radical growth through interoperability, Accenture surveyed more than 4,000 C-suite executives across 19 industries in 23 countries. It found that in the last two years alone, one in two companies (49%) adopted new technology and transformed their business faster than ever, with 40% transforming multiple parts of their business at the same time. High interoperability helps these companies achieve the agility they need to undergo compressed transformation. By using applications that easily interact with each other to enable data sharing, greater transparency and quality human connections, organizations can pivot more quickly and take advantage of new opportunities.  

“While the concept of interoperability isn’t new, the technology to make it possible in a timely and cost-effective way is finally putting it within reach for most enterprises,” said Emma McGuigan, senior managing director and Enterprise & Industry Technologies lead at Accenture. “To compress transformation from years to months, or even days, everything must be integrated and interoperable. One in three companies have prioritized this level of agility and are untangling value to race past their competitors in revenue growth, efficiency and resiliency by using interoperability to spark total enterprise reinvention.” 

Companies with high interoperability benefit not only from stronger financial performance but they are also 12 percentage points better at improving their supply chain and operations; 16 percentage points better at reinventing customer experience; 12 percentage points more successful at improving employee productivity; 4 percentage points more successful at embracing sustainable business practices; and 11 percentage points more likely to sustain compressed transformations.?? 

Leading companies with high interoperability achieve profitable growth by allocating just 2-4% more of their IT and functional budgets to applications, while handling as many, if not more, diverse applications within their IT stack. Most enterprises now have more than 500 applications, with eight out of ten (82%) saying they will continue to expand their application footprint, making an interoperable approach even more important. At the same time, 66% say that the number of applications and their associated technical complexities are a barrier to reaching interoperability. Those that are successful make high interoperability central to their overall business and technology strategy.?? 

The report recommends three actions for companies aspiring to improve interoperability: 

Leverage the cloud – A fundamental interoperability enabler, cloud is now ubiquitous. Companies that successfully improve their interoperability start by moving existing applications to the cloud and investing in new, cloud-based enterprise applications. But more importantly, they use the cloud to connect data and experiences across applications, creating one version of truth for the enterprise. Our research found that nearly 72% of companies with high/medium interoperability adopted public cloud and have already migrated 30% of their data and workloads. Only 60% of low/no interoperability companies have adopted public cloud, a 12% lag. 

Utilize composable tech – Using proven, repeatable solutions that can be configured and reconfigured at speed to address changing business needs, known as composable technology, builds flexibility into the heart of organizations. This allows enterprises to cope with the effects of disruption through faster, better and cheaper transformation.?It requires shifting from a technology architecture of static, standalone parts to one of composable pieces. By using prebuilt, interoperable solutions to swap and plug-and-play smaller application components, new solutions can be created without wider disruption. 

Focus on meaningful collaboration – Interoperable applications are only one part of the equation. Interoperability can enable meaningful collaboration by allowing functions and people to work together seamlessly toward a common goal. They can use real-time data, analytics and AI, together with new ways of working, to unlock the value of technology, empower people and achieve better outcomes. This collaborative culture comes from the top: more than one fourth (27%) of executives consider lack of collaboration across business functions as a top challenge caused by low/no interoperability. Leadership can amplify collaboration by drawing up broad use cases for new interoperable applications and challenging employees across functions to solve them as a team. 

To read the full Value Untangled: Accelerating radical growth through interoperability report visit www.accenture.com/value-untangled.

The report can also be explored in Accenture Foresight, a new thought leadership app that provides a personalized feed of Accenture’s latest reports, case studies, blogs, interactive data charts, podcasts and more. Visit http://www.accenture.com/foresight. 

About the Research 

In the first half of 2022, Accenture research surveyed 4,053 C-level executives across 19 industries in 23 countries. The survey collected data on technology ecosystem footprint, business landscape and financial and operational performance via multiple measures. Findings were supplemented with 25 in-depth interviews and 40 case studies, as well as secondary research, interviews and case study analysis to understand issues organizations are facing on their multi-ecosystem journey and the evolution of the multi-ecosystem world.  

About Accenture 

Accenture is a global professional services company with leading capabilities in digital, cloud, and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services, and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 721,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners, and communities. Visit us at?accenture.com. 

Air India Graduates Its Maiden Batch Of Cabin Crew Trainees And Significant Batch Of Pilots Since Privatisation

Air India, India’s leading airline and a Star Alliance member, announced that its maiden batch of cabin crew trainees and significant batch of new pilots since privatisation, have graduated.

The batch of 215 cabin crew and 48 pilots, all Indian nationals, received their wings following extensive training, and are now cleared to operate as fully-qualified crew.

Selected from more than 13,000 candidates from around the country, the cabin crew trainees passed through a 15-week programme imparting safety and service skills, and were coached to exemplify the best of Indian hospitality and Tata group culture. The training program included extensive classroom and in-flight training at the airline’s training facility in Mumbai as well as familiarisation flights.

The new pilots, comprising 40 men and 08 women, completed their training at Air India’s Hyderabad training campus, and will commence operating on the Airbus A320 fleet.  Besides the two graduating batches, more than 59 new pilots are in various stages of training to support the airline’s ambitious growth plan.

Commenting on the development, Mr. Campbell Wilson, CEO & Managing Director, Air India, said, “We are delighted to welcome these new Air Indians to the team, handpicked from India’s growing pool of talent.  Air India is hiring across all business areas, and from all parts of the country, to support our transformation and ambitions growth plans.  Attracting and developing enthusiastic and capable people is an important and crucial part of our Vihaan.AI transformation program”

The reinforcement in the cabin crew will support the continued expansion of network and fleet at Air India. The company has raised the frequency of flights between key cities on the domestic sector and has also announced direct flights between Indian cities and key global destinations like Doha, San Francisco, Vancouver, and Birmingham. Further, Air India is set to commence direct flights from Delhi to key European cities like Milan, Vienna and Copenhagen, and from Mumbai to New York, Paris and Frankfurt.

About Air India:

Founded by the legendary JRD Tata, Air India pioneered India’s aviation sector. Since its first flight on October 15, 1932, Air India has an extensive domestic network and has spread its wings beyond to become a major international airline with a network across USA, Canada, UK, Europe, Far-East, South-East Asia, Australia and the Gulf. Air India is a member of Star Alliance, the largest global airline consortium. After 69 years as a Government-owned enterprise, Air India and Air India Express were welcomed back into the Tata group in January 2022. The present management at Air India is driving the five year transformation roadmap under the aegis of Vihaan.AI to establish itself as a world-class global airline with an Indian heart.

Vihaan.AI is Air India’s transformational roadmap over five years with clear milestones.  It will be focussing on dramatically growing both its network and fleet, developing a completely revamped customer proposition, improving reliability and on-time performance. The airline will also be taking a leadership position in technology, sustainability, and innovation, while aggressively investing in the best industry talent. Vihaan.AI is aimed at putting Air India on a path to sustained growth, profitability and market leadership.

About the Tata Group:

Founded by Jamsetji Tata in 1868, the Tata group is a global enterprise, headquartered in India, comprising 30 companies across ten verticals. The group operates in more than 100 countries across six continents, with a mission 'To improve the quality of life of the communities we serve globally, through long-term stakeholder value creation based on Leadership with Trust’.

Tata Sons is the principal investment holding company and promoter of Tata companies. Sixty-six percent of the equity share capital of Tata Sons is held by philanthropic trusts, which support education, health, livelihood generation, and art and culture. In 2020-21, the revenue of Tata companies, taken together, was $103 billion (INR 7.7 trillion). These companies collectively employ over 800,000 people. Each Tata company or enterprise operates independently under the guidance and supervision of its own board of directors. There are 29 publicly-listed Tata enterprises with a combined market capitalisation of $314 billion (INR 23.4 trillion) as on December 31, 2021. Companies include Tata Consultancy Services, Tata Motors, Tata Steel, Tata Chemicals, Tata Consumer Products, Titan, Tata Capital, Tata Power, Tata Communications, Indian Hotels, Tata Digital and Tata Electronics.

Zoom Abroad Education Academy Launches 2+1 Business Management programme; Offers Students To Complete Final Year In UK

 

·       Bill Rammell, former UK Higher Education Minister and UK Vice Chancellor leads Zoom Abroad Education Academy

Zoom Abroad Education Academy, a UK-based EdTech company today announced the launch of its 2+1 programme in India. This is a credit transfer programme for international students to get direct entry to the final year of Undergraduate courses in UK Universities by achieving the required qualifications and credit via Zoom Abroad’s blended courses. This course is designed to make international education more affordable, accessible and an easy to go-to solution for every student. 

The program offers a UK degree qualification at 40% of the cost of a traditional 3-year degree at a UK university. In addition, Zoom Abroad Education Academy will also provide a personalized counsellor, course guidance, profile building, alumni mentorship, and assistance with documentation, finance, and visa as well. The programme also provides 2 weeks internships in Dubai and Singapore at no additional cost to the student.

Mr. Bill Rammell, former UK Higher Education Minister and UK Vice Chancellor, who leads Zoom Abroad Education Academy inaugurated the programme in India and commented, "Zoom Abroad Academy is driven by a passionate desire to widen access for Indian students to UK Universities, making it more affordable and achievable for those students currently excluded by cost and distance. Our 2 plus 1 program open the door to opportunity and career development for so many more Indian students, enabling them to access UK Higher Education at 40% of the traditional cost. Our 2 plus 1 program can be accessed on a blended basis directly in partnership with one of our Indian College or University partners. In opening up access to UK Universities for more Indian students, this is both good for the student and good for Indian Society and its economy."

Students who will be a part of this programme will be able to avail the same benefits as students studying in UK including post-study work visa for 2 years.

The United Kingdom has some of the world's top universities and is second only to the US as a destination for overseas students, offering students a wide range of subjects to study. With world-class degrees to help students prepare and succeed in their career, the UK's acclaimed educational system is capable of changing lives. 

Website: www.academy.zoomabroad.com

About Zoom Abroad Education Academy

Zoom Abroad Education Academy is a UK-based EdTech company with a mission to democratise international education. Zoom Broad’s academic programmes are created to deliver accredited qualifications in a practical, gamified and career focussed approach.  The core value proposition of the organization is to open the doors of quality international education and global exposure in affordable cost. 

Founded in 2017 in London, United Kingdom by Abhishek Nakhate, Zoom Abroad Online has been consciously designed to connect each student with the right advisor who can handhold and guide the student to unlock its full potential by finding the best option for study and work abroad.

YES Bank Participates In RBI’s Pilot Launch Of Its Digital Currency - Digital Rupee

Key Features of CBDC:

• Digital currency is issued with similar features and denominations as cash

• Legal tender backed by RBI directly, hence highest level of trust

• Token based, hence instant settlement and delivers finality to the transaction

• Provides better anonymity than traditional digital money

• Carrying cash is bulky but no restrictions on holding CBDC

YES BANK today announced participation in the first pilot of the Digital Rupee (e?), a new form of currency launched by the Reserve Bank of India (RBI).  Digital Rupee (e?) is a legal tender, similar to the sovereign paper currency, and is issued in digital form by the RBI.

The Bank today rolled out the RBI’s Central Bank Digital Currency (CBDC) for its closed user group (CUG), comprising its retail customers and merchants. YES BANK is one amongst the four banks identified by the RBI under the first pilot of its digital currency (e?) for the retail market.

The project is in alignment with RBIs focus on creating a digitally powered economy, with an aim to reduce dependence on cash by introducing a digital version of cash with similar features. This will also help reduce the expenditure incurred by RBI on printing and maintenance of currency, while help to avoid counterfeiting.

Commenting on the development, Mr. Prashant Kumar, MD & CEO, YES BANK said, “At YES BANK, it has been our constant endeavour to provide customers with a differentiated banking experience by leveraging our best-in-class technology infrastructure, as well as our inherent capability to innovate. The RBI’s decision to introduce its Digital Currency is certainly a momentous one, that bodes well with their overall objective of building a digitally powered economy.  It is indeed a matter of immense pride for us to have been selected by the RBI for participating in both strategic CBDC pilot projects (Wholesale and Retail), and we believe that the ecosystem of regulator, banks and fintechs will continue to foster more innovation on the back of CBDC, to support the Government and RBI’s vision of Digital India..

During the pilot phase, access to the YES BANK Digital Rupee app will be given to select retail customers of YES BANK who will be a part of the CUG. This will provide customers a glimpse of the future of digital currency in India. Customers can transact in Digital Rupee using a convenient and safe digital wallet offered by YES BANK. The Digital Rupee wallet will be like a physical wallet, but in digital form that will be available for download on smartphones with an Android OS. Customers can use the Digital Rupee wallet to make payments to merchants and individuals, who are part of the CUG pilot. Payments to merchants can be made through a unique QR code displayed at respective merchant touchpoints. To participate in this digital payment journey and activate their wallet, the select few customers will have to download the YES BANK Digital Rupee wallet using the web link that will be provided by the Bank.

About YES BANK

YES BANK is a 'Full Service Commercial 'Bank' providing a complete range of products, services and technology driven digital offerings, catering to Retail, MSME as well as corporate clients. YES BANK operates its Investment banking, Merchant banking & Brokerage businesses through YES SECURITIES, a wholly owned subsidiary of the Bank. Headquartered in Mumbai, it has a pan-India presence including an IBU at GIFT City, and a Representative Office in Abu Dhabi.

Essar Pledges To Make Substantial Investment In The State Of Odisha

•      Mr. Prashant Ruia attends the ‘Make In Odisha Conclave’22 and outlines Essar’s investment plans in Odisha

•      To invest in a Pelletizing Complex and Crude to Petrochemical complex

Mr. Prashant Ruia, Director, Essar Capital today attended the third edition of the Make in Odisha Conclave’22 and outlined Essar’s investment plans in the state of Odisha. Mr. Ruia was present along with other business leaders and dignitaries at the flagship investor summit of the Government of Odisha, which was inaugurated by the Hon'ble Chief Minister of Odisha, Shri Naveen Patnaik.

Essar has plans of setting up several projects in the state of Odisha. These include setting up a 14 MTPA export oriented Pelletizing Complex at an investment of Rs.12,000 Crore, which comprises of an iron ore fines Beneficiation Plant at Keonjhar, a Pellet Plant at Paradip port and 250 KM slurry pipeline.

Apart from these, Essar in partnership with an international player, also proposes to develop 7.5 MMTPA Crude to Petrochemical Complex (CTC) involving an investment of approx Rs 40,000 crore.

Speaking during the conclave, Mr. Prashant Ruia, Director, Essar Capital said, “Essar has had a long association with Odisha spanning over two decades. Under the dynamic leadership of Shri Naveen Patnaik, Hon. Chief Minister, Odisha is witnessing double digit growth and impressive industrial and social development. This has been made possible by the numerous reforms undertaken by the State and also by creating a conducive environment for rapid, broad-based and, inclusive economic growth”.

“Essar’s pioneering investment in setting up a 12 MTPA iron ore pellet plant and a 260 km slurry pipeline to Paradip in 2009, was instrumental in Odisha realising its potential and becoming the national leader in the minerals and mining sector. Essar is once again poised for making significant fresh investments in Odisha in the sectors of metals and mining and energy, with the state being one of the most attractive destinations”, continued Mr. Ruia.

Over the years, Essar has developed over 2 lakh crore of green field projects across India. Given its vast experience, Essar has now chosen Odisha as its preferred location for these prestigious projects.

“The progressive and dynamic approach of the Government of Odisha, led by Shri Naveen Patnaikji, towards developing the State ensures full support, quick clearances and speedy practical solutions to any challenges that investors may encounter”, added Mr. Ruia.

Essar recently concluded its asset monetisation programme and completed the debt repayment of $25 billion (?2,00,000 crore) effectively making the group debt-free from Indian banks and financial institutions. The company is now looking at reinvesting in building new assets and strengthening their existing operations both in India and overseas, with more efficient, latest and carbon neutral new-age technologies.

About Essar Capital:

Essar Capital Limited (“Essar Capital”) is the investment manager of Essar Global Fund Limited (“EGFL”). It monitors and manages the entire portfolio of investments owned by EGFL.

EGFL is a global investor, owning a number of world-class assets diversified across the core sectors of Energy (comprising Exploration & Production, Refining & Marketing and Power businesses), Infrastructure & logistics (comprising Ports, Stanlow Terminals and Projects), Metals & Mining, Technology & Retail (comprising Shipping, Oilfield services, Technology Solutions, Device protection and Customer experience). EGFL invests with a sense of active ownership, which involves direct engagement with the management of the respective businesses. The portfolio companies have aggregate revenues of about USD 15 billion and employ over 7,000 people.

Brookfields Properties India Advances Its Net Zero Target By 10 Years To 2040

* Launches its first ESG Report

Accelerating the transition to a zero-carbon economy to ensure that its portfolio aligns with climate action best practices, Brookfield Properties India has advanced its commitment to reach Net Zero greenhouse gas (GHG) emissions by 10 years to 2040 in the India properties.                        

In its inaugural ESG report unveiled today, the company presents detailed insights on its ESG principles for developing a resilient business.

With its robust ESG framework, Brookfield Properties has undertaken sincere efforts to measure and proactively manage energy and water use, waste, and GHG emissions across its portfolio in India, to align with UN Sustainable Development Goals (SDGs) and GRI reporting framework.

Expressing his views on the report, Alok Aggarwal, Managing Director and Chief Executive Officer of Brookfield Properties India said, “Our ESG strategy is centered on business resilience and creating value for the entire ecosystem in which we operate. In line with our commitment, all our campuses focus on energy efficiency, reducing water consumption, promoting recycling, and improving indoor air quality - providing occupants with a healthy working environment. The company’s robust governance framework is instrumental in mitigating risk, ensuring transparency, focusing on sustainable solutions, empowering people, and building trust.  We are committed to practices that have a positive impact on the environment and the communities. With these measures in place, we have advanced our Net Zero target by 10 years across our entire portfolio of 50 million square feet in India.”

“Our marquee office campuses are the workplace addresses for 450+ Fortune 500 tenants and more than 4M people.  Brookfield Properties is committed to the integration of ESG practices in its operations across its portfolio in India. For instance, Kensington (in Downtown Powai), a marquee asset in Brookfield Properties India portfolio is now operating with 100% green power for its common areas through Renewable Energy Guarantee of Origin (REGO) certificates. Ecoworld, Bengaluru, has received India’s first Net Zero Waste Platinum campus certification by IGBC for recycling over 96% of waste. The Brookfield India Real Estate Trust was recognized as Sector Leader by GRESB for Sustainable Office Development in Asia and received a score of 90/100 and a 5-star rating in the first year of submission.” 

Brookfield Properties has committed to carbon reduction targets approved by the Science Based Targets initiative (SBTi) by FY2023 along a 1.5 degrees C global warming scenario. To achieve the targets, the company has committed to reaching the following interim targets by 2025 from a 2019 baseline: 

·         Reduce greenhouse gas emissions, energy and water consumption in new and existing buildings

o   10% reduction in energy consumption

o   10% reduction in GHG emissions

o   10% reduction in water consumption

·         Improve waste diversions at their assets

o   90% of waste diversions from landfill

·         To achieve net zero by 2040 or sooner

o   Increase renewable energy use to 30%

o   Sustainable Building certifications for 95% of the portfolio

o   Ensuring environmental data monitoring for 100% of the portfolio

The report has been externally verified by TUV SUD South Asia Pvt. Ltd. under the Global Reporting Initiative (GRI) Standards 2016 and AA1000 Assurance Standard. 

The Brookfield Properties ESG Report is available online at www.brookfieldproperties.com/en/our-approach/sustainability.html

About Brookfield Properties:

Brookfield Properties is a leading global developer and operator of high-quality real estate assets. We are active in nearly all real estate sectors, including office, retail, multifamily, hospitality, and logistics, operating more than 800 properties and over 330 million square feet of real estate in gateway markets on behalf of Brookfield Asset Management, one of the largest asset managers in the world. With a focus on sustainability, a commitment to excellence, and the drive for relentless innovation in the planning, development, and management of buildings and their surroundings, Brookfield Properties is reimagining real estate from the ground up.

In India, Brookfield Properties manages over 50 million square feet of high-quality assets across 8 key gateway cities of which 38.3 million square feet are already operational. Some of the marquee assets in its portfolio include Candor TechSpace in Gurugram, Noida and Kolkata; Worldmark in Delhi and Gurugram; Downtown Powai and Equinox in Mumbai; Ecoworld and Ecospace in Bengaluru; and CoWrks, a leading co-working and flexi office business across India.

For more information about our approach to operating and developing best-in-class real estate, visit www.brookfieldproperties.com