MAHINDRA GROUP AND JOHNSON CONTROLS LAUNCH NET ZERO BUILDINGS INITIATIVE IN INDIA

As India ramps up efforts to decarbonize its rapidly growing infrastructure of buildings, the Mahindra Group, one of India’s leading industrial enterprises, and Johnson Controls, the global leader in smart, healthy and sustainable buildings, announced a first-of-its-kind Net Zero Buildings Initiative to decarbonize India’s commercial, urban residential and public buildings. The joint initiative will simplify access to key information and resources to help organizations start their net zero building journeys.

According to the International Energy Agency, three-quarters of India’s anticipated 2040 buildings have yet to be built. With the sector accounting for 20% of emissions and more than 30% of energy consumption in the country, the transition to smart and sustainable buildings is becoming an environmental and economic imperative.

The Net Zero Buildings Initiative—comprising a cost-free, all-in-one toolkit and training—will help building and facility owners learn about best practices of sustainable buildings, implement tools to assess building parameters, identify and implement conservation measures, and understand building regulations in India, available incentives, technology, financing models, and more.

Investing in energy-efficient infrastructure can potentially reduce electricity consumption by 40-60% compared to conventional buildings. According to India Energy Outlook 2021, even a 30% improvement in energy efficiency from buildings can potentially save ~250 TWh of electricity by 2030, which means significant electrical energy could be given back to the grid to further fuel economic growth.

As part of the initiative, Mahindra and Johnson Controls will work closely with Indian national and state governments, think-tanks and industry associations, providing greater visibility on building data to aid in climate progress reporting and formulating strategies and frameworks.