ESG @
Bharat Diamond Bourse

Introduction:

The Bharat Diamond Bourse (BDB) serves as a global trading hub for diamonds, facilitating trade, and promoting India's position as a key player in the diamond industry. It is the Biggest Bourse in the World with 2500 diamond offices, 9 interconnected towers, 2 Million Sq. feet of Total construction area and billions of dollars of exports. In addition to its economic significance, BDB recognizes the importance of environmental sustainability and actively integrates eco-friendly practices into its operations.

BDB’s Sustainable Infrastructure Development:

BDB's commitment to environmental sustainability is evident in its infrastructure development process. The project adheres to green building principles, emphasizing energy efficiency, waste management, and water conservation measures.

A) Energy Efficiency: BDB incorporates energy-efficient design elements, including the use of energy-saving lighting systems, intelligent building management systems, and the integration of renewable energy sources such as Rooftop solar panels. These measures help reduce the carbon footprint and energy consumption of the complex.

B) Waste Management: BDB implements comprehensive waste management strategies, focusing on reducing, recycling, and responsibly disposing of construction and operational waste. Recycling initiatives are promoted within the premises, encouraging stakeholders to actively participate in sustainable waste management practices.

C) Water Conservation: BDB employs water-saving fixtures, rainwater harvesting systems, and water recycling mechanisms to minimize water consumption. Educational campaigns and initiatives are implemented to raise awareness among occupants about responsible water usage.

D) Carbon Footprint Reduction: BDB has reduced CO2 emission by 840 tons via renewable energy which is equivalent to plantation of 38640 trees

E) UNFCC Pledge for Carbon Neutral: Lemon Consultech helped BDB pledge to become carbon neutral by 2030. As part of this pledge, the company committed to measuring and reporting its greenhouse gas emissions, setting emissions reduction targets, and taking action to reduce its environmental impact.

F) Environmental Awareness, Safety and Education: BDB recognizes the importance of environmental awareness and education in fostering a sustainable diamond industry. Various initiatives are undertaken to promote environmental consciousness and encourage stakeholders to adopt eco-friendly practices.

G) Training and Workshops: BDB organizes training programs and workshops focused on environmental sustainability. These sessions aim to educate traders and industry professionals about energy conservation, waste management, water efficiency, and the importance of sustainable practices in protecting the environment.

H) Collaboration with Environmental Organizations: BDB collaborates with environmental organizations and non-governmental organizations (NGOs) to develop and implement sustainable practices. By partnering with experts in the field, BDB ensures that its environmental initiatives align with best practices and industry standards.

I) Safety: BDB has robust security system which tracks footfall, material and vehicle movement. Fire drill and basic firefighting training sessions has been conducted.

Environmental Impact and Future Outlook:

BDB's environmental initiatives have a positive impact on the diamond industry and the surrounding ecosystem. By integrating sustainable practices, BDB sets an example for the industry, promoting responsible resource management, and reducing the environmental footprint of diamond trading activities. As BDB continues to prioritize environmental sustainability, it is expected to inspire other diamond trading hubs and businesses to adopt similar practices, further contributing to the overall sustainability of the diamond industry.

Conclusion:

The Bharat Diamond Bourse's commitment to environmental sustainability is demonstrated through its sustainable infrastructure development, environmental awareness initiatives, and pursuit of green certifications. By prioritizing responsible resource management and promoting eco-friendly practices, BDB sets a benchmark for sustainability within the diamond industry. BDB's efforts not only benefit the environment but also contribute to the long-term growth and success of the diamond industry in India.

Lemon Consultech is proud of being a Sustainability partner of BDB.