The Nexus of Happyness

  • Conserve
  • Value
  • Deliver
Happyness
Happyness
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The Nexus of Happyness

Our theme, 'Conserve || Value || Deliver,' encapsulates the guiding philosophy that drives us to be 'The Nexus of Happyness.' As a leading player in the Indian retail space, we combine our strengths of responsibility and responsiveness to create new experiences that embody sustainable value and foster collective joy for all our stakeholders.

Leadership Message

Dalip-Sehgal

Leadership Message

Welcome to our journey of sustainability and social impact. With a 31.5% reduction in GHG emissions, 38% of our energy from renewable sources, and over 85,000 women empowered through 'Happyness for HER', Nexus Select Trust is setting new benchmarks in ESG performance. Our commitment to the planet and our communities is unwavering, as we continue to strive for excellence in environmental stewardship, social responsibility, and governance. Together, we can create a future that is prosperous, equitable, and sustainable. Thank you for your support in making a positive difference to people and the planet.

Dear Stakeholders,

I take great pride in presenting to you, Nexus Select Trust’s third ESG Report. This report highlights our Environmental, Social, and Governance (ESG) performance for FY 2023-24 and reflects our ongoing commitment to conserve, value, and deliver a positive impact on both people and the environment.

About Nexus Select Trust

Nexus Select Trust is India’s first Retail Real Estate Investment Trust (REIT), listed on May 19, 2023, and managed by Nexus Select Mall Management Private Limited (earlier Nexus India Retail Management Services Private Limited or Nexus Malls). We own 9.9 million sq. ft. of Grade A retail spaces in India, comprising 17 malls. In addition, we also operate 2 hotels and 3 office spaces. Our entity is currently one of India’s largest retail real estate platforms and the leading urban consumption network for millennials in India.

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highlights

Vision

To create world-class shopping destinations & transform experiences

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Mission

Nexus One - Happyness for everyone

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Values

Innovation Caring Integrity

Excellence Customer Centricity Accountability and Responsibility

ESG Highlights : FY 2024

We, at Nexus Select Trust (referred to as, ‘NXST’, 'Nexus Select', ‘We’, or ‘Entity’ here on), are proud to release our ESG report for FY 2024. This report offers a comprehensive disclosure of our non-financial parameters and stands as a testament to our commitment to transparency towards all of our stakeholders.

The ESG report provides detailed information on our operational assets and sustainable performance. It encompasses all material information relevant to our stakeholders and addresses the ESG issues pertinent to us at Nexus Select Trust. The report highlights the initiatives undertaken to enhance governance oversight, strengthen risk management and optimize controls.

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Membership Of Associations

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Sustainability at Nexus Select Trust

We aim to deliver joyful and immersive experiences that celebrate a culture of care and sustainability. As India's fastest-growing retail real estate chain, we have embraced sustainability as a core component of our business strategy. By weaving together the guiding principles of conserve, value, and deliver, we are dedicated to protecting the planet and building an inclusive future.

Environment

SP1 - Climate Resiliency

SP2 - Sustainable Operations

Social

SP3 - Diversity, Equity & Inclusion

SP4 - Stakeholder Engagement

Governance

SP5 - Management & Compliance

SP6 - Transparency & Reporting

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Environment

SP1
Climate Resilience
  • Transition to a Low-Carbon Economy
  • Climate Risk and Opportunity
  • Biodiversity
SP2
Sustainable Operations
  • Resource Management
  • Benchmarks and Performance Targets
  • Green Leases
  • Certifications, Labels, and ratings
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Social

SP3
Diversity, Equality and Inclusivity
  • Diversity, Equity, and Inclusion in the Workplace
  • Employee Engagement and Retention
  • Employee Development and Support
  • Occupational Health and Safety (OHS)
  • Human Rights
SP4
Stakeholder Engagement
  • Tenant and Customer Engagement
  • Sustainable Supplier Engagement
  • Community Development
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Governance

SP5
Diversity, Equality and Inclusivity
  • The Board of Directors of the Manager
  • ESG Governance
  • Risk Management
SP6
Stakeholder Engagement
  • ESG Disclosures and Global Commitments
  • Economic Value Creation
  • Data Privacy and Cybersecurity
Document Archival Policy
Climate Change Adaptation and Disaster Resiliency Policy
Biodiversity and Habitat Policy
Energy and Emissions Policy
Net Zero Policy
Safe and Healthy Environment Quality Policy
Waste Management Policy
Water Management Policy
POSH Policy
Community Development Policy
Diversity Equity & Inclusion Policy
Employee Wellbeing & Development Policy
Human Rights Policy
Policy on Customer Satisfaction
Policy on Health & Safety
Stakeholder Engagement Policy
Insider Trading Code
Whistle Blower Policy and Vigil Mechanism
Nomination and Remuneration Committee Policy
Terms and Conditions for appointment of Independent Directors
Familiarization program for independent directors
Policy on Succession Planning for the Board and Senior Management
Code of Conduct and Ethics
Borrowing Policy
Policy for Processing and claiming of unclaimed amount
Corporate Social Responsibility Policy
Board Diversity Policy
Policy on Appointment of Unitholder Nominee Director
Cyber Security Policy
Policy on Anti Bribery & Anti corruption
Policy on Executive Compensation
Supplier Code of Conduct Policy
Appointment of Auditor and Valuer Policy
Distribution Policy
Investors & Other Stakeholders Grievance Redressal
Materiality of Information Policy
Risk Management Policy
Revised Related Party Transactions Policy Nexus
AML ACC and Sanctions Policy

ESG Report

ESG Report FY 2022-23
ESG Highlights FY 2022-23
ESG Report FY 2023-24