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Our Reports and Policies

FY 2022-23 FY 2023-24 Well Report 2023 Well Report 2024 Policy Document

Our ESG Approach

At Bagmane, we craft next-generation workplaces that empower knowledge corporations and foster the well-being of people and the planet. Our workspaces epitomize the confluence of innovation and responsibility, creating environs that foster collaboration and sustainability. We seamlessly integrate future-fit Environmental, Social and Governance (ESG) principles into every aspect of our business, which transforms us into strategic partners for our clients so that together we can build a sustainable future for our stakeholders.

Bagmane - craft next generation


Statictics - Bagmane

About Us

Established in 1996, Bagmane Developers Private Limited (Bagmane) is a leading developer of Grade A corporate real estate in Bengaluru. Our workspaces empower both our company and our tenants to achieve holistic growth while minimizing our collective carbon footprint and creating a positive impact on society and the environment

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Our Framework

Bagmane's ESG framework is built around three key pillars: Environment, Social, and Governance. Our strategy aligns with global sustainability standards and aims to create long-term value for all stakeholders

Bagmane Our Framework
Social & Relationship
Climate Energy and Emission Management Section:

Bagmane is committed to reducing greenhouse gas emissions by adopting energy-efficient practices and increasing the use of renewable power to run operations. Our goal is to increase the share of renewable energy to 80% in the short term and 100% in the medium to long term. We also aim to achieve a 20% reduction in Scope 1 and Scope 2 emissions.

Water Management Section:

We prioritize water conservation through recycling, reuse, and efficient water management systems. Our goal is to become water positive by FY 2030, with interim targets for reducing water intensity.

Waste Management Section:

Our strategy includes waste segregation, recycling, and the elimination of single-use plastics. We aim for 100% of our sites to achieve zero waste to landfill status in the medium to long term.

Biodiversity Section:

We are committed to preserving biodiversity within our campuses through sustainable landscaping, growing indigenous plants as well as tree transplantation and expanding green spaces.

Sustainable Buildings Section:

Bagmane’s buildings are designed to meet high environmental standards, with several properties LEED Gold certified. Our goal is to achieve LEED Platinum certification across all campuses.

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Occupational Health & Safety Section:

Bagmane is dedicated to maintaining high standards of occupational health and safety, aiming for a Lost Time Injury Frequency Rate (LTIFR) of zero. We provide comprehensive safety training and have achieved ISO certifications for our safety practices.

Diversity Equity and Inclusion (DEI) Section:

Our DEI strategy focuses on increasing the representation of women and differently-abled individuals in our workforce. We conduct regular DEI workshops and are committed to equitable compensation.

Human Capital Development Section:

We invest in empowering our employees through ongoing learning opportunities and professional development opportunities. Our goal is to achieve a 100% participation rate in training and development activities.

Human Rights Section:

We uphold a robust Human Rights policy and have established a grievance redressal mechanism to ensure zero human rights violations.

Community Engagement Section:

Our CSR initiatives include healthcare support, educational advancements, and community well-being projects. We aim to increase employee volunteering for community services by 5% year-on-year.

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Corporate Governance Section:

Our robust governance structure includes an empowered and competent Board supported by dedicated committees to steer the company on a sustainable growth path, ensure adherence to the highest ethical standards and maintain 100% compliance with regulations. We have a dedicated ESG committee that oversees our sustainability initiatives.

Data Privacy and Security Section:

We employ robust technological measures to protect data privacy and conduct regular system evaluations to prevent breaches.

Statutory Compliance Section:

We adhere to all relevant regulatory requirements and maintain certifications for key management systems, ensuring compliance with environmental and socio-economic laws.

Reporting and Assurance Section:

We follow GRI standards for transparent reporting of our ESG performance. Our annual ESG report provides a detailed account of our sustainability initiatives.

Corporate Communication & Brand Management Section:

We engage with stakeholders through meetings, newsletters, website publications, amongst other channels, to stay abreast of their evolving needs and concerns, align them with our sustainability mission and keep them informed on our ESG progress.

Business Continuity & Risk Management Section:

Our risk management framework includes an Emergency Response Plan and integrates ESG risks to ensure operational resilience.

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Future Targets

As we expand our presence and scale up our sustainability efforts, we have established clear targets to serve as milestones for our journey towards a greener tomorrow.

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