The Nexus of Happyness

Connect. Care. Conserve.

Download ESG Report FY 2023

The Nexus of Happyness

Our malls are designed to deliver joyful and immersive experiences celebrating a culture of care and sustainability. We partner with our stakeholders and other like-minded organisations to be the Nexus that weaves together care, connections and conservation to build a climate resilient future.

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Leadership Message

We are making steady progress towards a Net Zero future aligned with the Science-Based Target Initiative (SBTi) and recommendations of the Taskforce on Climate-Related Financial Disclosures (TCFD).

Dear Stakeholders, I am pleased to share Nexus Select Trust’s ESG report which details our performance and progress on sustainability goals for FY 2023. We undertook significant measures to advance our ESG commitments this year, including joining the India Business & Biodiversity Initiative (IBBI) and signing the Water, Sanitation and Hygiene (WASH) pledge.

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About Nexus Select Trust

Nexus Select Trust is India’s first publicly listed retail Real Estate Investment Trust (REIT) and has a presence across 14 cities and 10 states. The entity has 17 malls, 2 hotel properties and 3 office spaces.

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To create world-class
shopping destinations
& transform experiences


Nexus One -
Happyness for



Customer Centricity
Accountability and Responsibility

ESG Highlights : FY 2023

Throughout the year, we implemented various ESG initiatives that resulted in improved resource efficiency of our operations, enhanced stakeholder satisfaction, and an increased participation in global sustainability initiatives. In FY 2023, 100% of our malls became Green Building certified, we incorporated green clauses in all of our leases, and we received our first evaluation from the Global Real Estate Sustainability Benchmark (GRESB). We also became signatories to the IBBI and TCFD and were awarded the Great Place to Work certification for the third consecutive year.

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Sustainability at Nexus Select Trust

Our ESG Strategy consists of 6 strategic pillars (SP) that are designed to address material issues relevant to our stakeholders and business.We have articulated clear goals to be achieved by 2025 and have made significant progress towards them in the reporting year.


  • SP1 - Climate Resiliency
  • SP2 - Sustainable Operations


  • SP3 - Diversity, Equity & Inclusion
  • SP4 - Stakeholder Engagement


  • SP5 - Management & Compliance
  • SP6 - Transparency & Reporting


Constantly assessing our operations and reducing our resource consumption helps us enhance sustainability throughout our operations and build a culture of conservation.

SP1 - Climate Resiliency

We take proactive measures to enhance resilience and adaptability to climate change impacts. This year we have aligned our climate risk assessment with the TCFD.

SP2 - Sustainable Operations

Running sustainable operations strengthens our environmental stewardship and ability to scale holistic and Inclusive value for our stakeholders.


Fostering mutually rewarding relationships with our stakeholders helps us create an environment of holistic and inclusive growth.

SP3 - Diversity, Equity & Inclusion

A workplace that respects diversity and equity and promotes health and happiness is crucial to attract and retain the talent we need to grow our business sustainably.

SP4 - Stakeholder Engagement

Transparent engagement with our stakeholders enables us to understand their expectations and align our operations to address them.


The principles of good corporate governance and accountability give Nexus Select Trust a market edge and ensure compliance led by a culture of transparency and responsible decision-making.

SP5 - Management and Compliance

We have a detailed ESG governance structure that empowers us to run a sustainable and disruptionfree business.

SP6 - Transparency and Reporting

Sharing transparent and timely disclosures of our ESG performance underlines our ESG commitments.