Grit has achieved a series of initiatives that cement its position as a pioneering figure in the field of Impact Real Estate. Grit’s progressive Impact Policypromotes Green Buildings and contributes to the fight against climate change.
In an industrious stride towards environmental stewardship, highlighted in the Group Sustainability Report 2023, Grit has set a target to reduce its carbon emissions and energy consumption by 25% in the short term. The company’s actionable agenda includes the integration of solar PV systems, LED lighting, and smart technology to minimize energy use and carbon footprint across its real estate portfolio.
Further efforts to bolster sustainable commuting options are being realized through electric vehicle charging infrastructure, dedicated bicycle parking and cyclist shower facilities at Grit’s head office at the Precinct in Grand-Baie, fostering a culture of ecological responsibility among employees and visitors alike.
In a spirit of transparency and discipline, Grit has engaged the Science-Based Target initiative (SBTi) to review targets, supporting a seamless transition to a low carbon economy. Following the protocols of the Greenhouse Gas Protocol, Grit has undertaken a comprehensive carbon footprint assessment, laying the groundwork to sharply reduce greenhouse gas emissions.
Mirroring this dedication to conservation, Grit endeavors to reduce Group water consumption by 25% by 2025, implementing strategies across selected properties to manage this vital resource more efficiently.
Bronwyn Knight, CEO of Grit, emphasized the company’s profound commitment, stating:
“In the real estate sector, the significance of addressing climate change cannot be overstated. We recognize our responsibility to minimize the environmental impact associated with our infrastructure development and building management efforts. Grit is committed to the responsible consumption of resources and the integration of environmental considerations throughout the lifecycle of its buildings. This commitment spans from the initial stages of development to ongoing maintenance and management. We actively work to reduce our environmental footprint, aligning our operations with sustainable practices to safeguard the planet for current and future generations.”
“At Grit, our unwavering commitment to effecting positive change in both society and the environment is integral to our corporate ethos. This commitment is not merely a responsibility; it is a fundamental aspect of our business philosophy.”
A hallmark of Grit’s ingenuity rests in its development arm, GREA, which seeks IFC EDGE (“Excellence in Design for Greater Efficiencies”) Certification for all new buildings, a resolute testament to the Group’s unwavering dedication to green building practices. In addition, all current developments are being constructed in line with IFC EDGE standards, with a 20% saving in water, energy, and embodied energy in materials compared to conventional building methods The Group is proud to share that its award-winning Rosslyn Grove and Eneo at Tatu Central in Kenya are already EDGE certified.
Unity Building, the first of the three phases of The Precinct development, has set a new benchmark for sustainable commercial space in Mauritius as the highest Green Star rated office development in the Indian Ocean Islands region, awarded by the Green Building Council of South Africa. The Precinct is strategically located at the entrance to Grand Baie and has earned the notable achievement of becoming the first commercial development in Africa to attain an EcoDistrict status.
Under the scrutiny of EcoDistrict certifiers, Grit has demonstrated adherence to the three imperatives of equity, resilience, and climate protection. Comprehensive evaluation against six critical priority areas ensures that the company adheres to the highest standards of sustainability.
Grit’s transcendent achievement with Green Star and EcoDistrict certifications is the fruit of collective effort and collaboration, underscoring the pivotal contributions of tenants, non-governmental organizations, and partners.
