Shekar Reddy elected as IGBC Vice-Chairman
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The Confederation of Indian Industry (CII) - Indian Green Building Council (IGBC) said it has elected its new office-bearers for the year 2024-2026. The newly-elected leadership’s primary objective will be to achieve a substantial reduction in both embodied and operational carbon emissions in existing and new buildings as well as built environments. Through strategic partnerships, they aim to create a shift in the real estate, and product manufacturing sectors.
B Thiagarajan, Managing Director of Blue Star Ltd, has assumed the role of National Chairman for CII – IGBC. He succeeds Gurmit Singh Arora, Managing Director, Rajco Metal Industries Pvt Ltd. In addition, C Shekar Reddy, Managing Director of CSR Estates Ltd, takes over as National Vice Chairman of CII – IGBC. CII-IGBC in an official release said that Thiagarajan and Reddy are set to drive forward the Green Building Movement in India with focus on the reduction of resource consumption and minimizing carbon emissions.
B Thiagarajan, the incoming National Chairman, said: “We are committed to driving a transformative shift towards green building practices by addressing the key contributors to carbon footprint of buildings.
Recently, the demand for cooling has substantially increased and the Indian HVAC market size is expected to see a CAGR of nearly 16 per cent by 2030. Our aim is to improve the efficiency of operational equipment and increase the adoption of low carbon cooling systems. With GreenPro eco-labelled building products made available across the country, we can inspire industry stakeholders to embrace sustainability and facilitate India to become one of the foremost countries to achieve Net-Zero Carbon by 2070.”
C Shekar Reddy, the newly-appointed National Vice Chairman, added: “We have over 350 organisations committed to achieving net-zero status for new and existing buildings through IGBC’s Net-Zero - Energy, Water, Waste and Carbon Rating Systems. We believe that by doubling the Green Building footprint by 2030 and addressing the bottom of the pyramid, the Indian Building sector can accelerate its sustainability efforts.”