Tata Realty and Infrastructure Ltd. Announces Enterprise-Wide Engagement in WELL

10 Dec 2022 , 12:21 PM

Business Wire India

Ramanujan Intellion Park, Chennai

Tata Realty and Infrastructure Ltd. today announced its plans to advance its commitment to human health and well-being through enterprise-wide participation in WELL offered by the International WELL Building Institute (IWBI). The commitment signals a comprehensive application of the WELL Building Standard (WELL or WELL Standard), a library of holistic evidence-based building and organizational strategies across 10 core focus areas such as environmental, social and governance (ESG) reporting, human and social capital management, and workplace strategy and policy that, when implemented, can help organizations meet specific health and well-being goals and put people at the center of their environmental, social and governance (ESG) strategy.
 
By participating in WELL at scale, Tata Realty and Infrastructure joins global brands leading the charge to prioritize, deliver and benchmark health & well-being impacting their entire organization. To date, thousands of companies in more than 110 countries, including many of Fortune 500, use WELL as an evidence-based roadmap for supporting the health and well-being of their people and their organization.
 
Whether it’s increasing staff retention with a commitment to safety and mental health support, or advancing diversity, equity and inclusion (DEI) with more inclusive hiring and design practices, WELL includes more than 500 strategies that address the myriad ways that physical and social environments and organizational protocols can shape employee productivity, performance and well-being.
 
Tata Realty and Infrastructure plans to apply WELL strategies across all of its [6 operational and upcoming] locations, aiming to provide equitable access to health and well-being benefits for over [~70,000 estimated total number of employees, tenants, residents, and/or customers]. By uniting Tata Realty and Infrastructure’s leadership around a shared vision for health, implementing WELL strategies will help Tata Realty and Infrastructure advance ESG reporting and performance, build brand equity, and provide tangible results for stakeholders and investors.
 
Commenting on this achievement, Mr. Sanjay Dutt, MD & CEO, Tata Realty and Infrastructure Limited, said, “Tata Realty and Infrastructure has always placed people’s well-being of high significance and is in compliance with its ESG goals in all of its projects by applying global sustainability practices in building development & asset management. We recognize the importance in delivering a comprehensive set of solutions at an enterprise level that helps in meeting our larger business objectives towards the safety and well-being of our Clients, Vendors, Visitors and Tata Care Staff at each and every asset owned and managed by us.”

About International WELL Building Institute pbc

As an organization enrolled in WELL at the enterprise level, Tata Realty and Infrastructure intends to undergo an independent third-party review and receive a WELL Score, a dynamic reflection of Tata Realty and Infrastructure’s impact and investment at scale. Every WELL strategy implemented, spanning policy changes, onsite testing, and design modifications, will contribute to Tata Realty and Infrastructure’s WELL Score. The WELL Score is a key indicator for organizational performance related to the well-being of its people and can help support Tata Realty and Infrastructure in its annual CSR and ESG reporting.
 
WELL provides a roadmap for Tata Realty and Infrastructure to advance existing well-being initiatives related to talent retention, workplace wellness, action plan for DEI advancement, etc. Every WELL strategy implemented by Tata Realty and Infrastructure is validated by a third party review and targeted achievements give the developer an opportunity to engage with stakeholders and celebrate progress at key milestones along the way.
 
International WELL Building Institute pbc is a wholly owned subsidiary of Delos Living LLC. International WELL Building Institute, IWBI, the WELL Building Standard, WELL v2, WELL Certified, WELL AP, WELL Portfolio, WELL Score, The WELL Conference, We Are WELL, the WELL Community Standard, WELL Health-Safety Rating, WELL Health-Safety Rated, WELLEquity, WELL Performance Rated, WELL Performance Rating, Works with WELL, WELL and others, and their related logos are trademarks or certification marks of International WELL Building Institute pbc in the United States and other countries.

About Tata Realty and Infrastructure Limited
 
Tata Realty and Infrastructure Limited is a 100% subsidiary of Tata Sons and one of the leading real estate development companies in India with an extensive portfolio of over 50 projects across 15 cities. With an aim of developing intelligent, collaborative, and dynamic projects, Tata Realty and Infrastructure Limited has developed ~16.8 mn. Sq. ft. of commercial projects and has ~30 mn. sq. ft. of projects under development & planning.
 
After establishing its strong foothold in Chennai, Gurugram, and Mumbai, Tata Realty and Infrastructure Limited aims to add 10 mn. Sq. ft. in the next 3 years and move towards its goal of having a portfolio of 45 million sq. ft. by 2027.
 
Keeping with the Tata philosophy of leadership in sectors of national economic significance, Tata Realty and Infrastructure Limited and Infrastructure Ltd was set up to identify the most promising opportunities for growth in the Indian real estate and infrastructure arena. TRIL is currently focused on long-term infrastructure projects of national significance, as well as mixed-use projects in the real estate sector. As is with all Tata companies, the selection of projects is a specialized process, with the eventual selection list scoring high not only on business objectives but also on the guiding Tata values and policies. Tata is one of India's largest conglomerates, with annual revenue of over $100 billion, and 107 operating companies in seven business sectors, employing over 750,000 people worldwide. 

For More Info: https://www.tatarealty.in : www.intellion.in